Net Loss per Common Share

6 Months Ended

Feb. 28, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Net Loss per Common Share

The following table presents the computation of basic and diluted loss per common share attributable to the Company:

	Three months ended February 28,				Six months ended February 28,
	2015		2014		2015		2014
Basic and diluted loss per common share:
Numerator:
Net loss	$	(1,719,796)	$	(517,565)	$	(2,720,293)	$	(1,226,426)
Less: Net (income) loss attributable to noncontrolling interest		33		(59)		(85)		(33)
Net loss attributable to Dynacq Healthcare, Inc.	$	(1,719,763)	$	(517,624)	$	(2,720,378)	$	(1,226,459)
Denominator:
Basic and diluted average common shares outstanding		13,888,010		14,418,626		13,888,010		14,436,483
Basic and diluted loss per common share	$	(0.12)	$	(0.04)	$	(0.20)	$	(0.08)

Basic net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the reporting period. Diluted net loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For the calculation of diluted net income (loss) per share, the basic weighted average number of shares is increased by the dilutive effect of stock options determined using the treasury stock method. However, if it is anti-dilutive, the dilutive effect of the stock options is not included in the calculation of diluted net loss per share. Stock options with exercise prices exceeding current market prices that were excluded from the computation of net loss per share amounted to approximately 784,000 shares and 1,069,000 shares for the six months ended February 28, 2015 and 2014, respectively.