Note 6 - Earnings Per Share

12 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

6. Earnings Per Share

 In accordance with ASC 260, the Company has evaluated its diluted (loss) income per share calculation. The Company had outstanding options at September 30, 2013, 2012 and 2011 and outstanding warrants at September 30, 2012 and 2011, which were not included in the determination of diluted income (loss) per share for the fiscal 2013, 2012 and 2011 because the shares were anti-dilutive. Had these securities been dilutive, an additional 0.1 million, 1.8 million and 0.5 million, respectively, would have been included in the Company’s diluted income (loss) per share calculation for those years.

The following is the diluted impact of the options and warrants on net income (loss) per share for the fiscal years ended September 30, 2013, 2012 and 2011 respectively:

	Fiscal year ended September 30,
	2013		2012		2011
Numerators:
Net (loss) income	$	5,236	$	22,852	$	(3,574	)
Denominators:
Average shares outstanding – basic		34,375		34,358		34,378
Impact of stock options		249		93		-
Average shares outstanding – diluted		34,624		34,451		34,378
Basic earnings (loss) per share	$	0.15	$	0.67	$	(0.10	)
Diluted earnings (loss) per share	$	0.15	$	0.66	$	(0.10	)