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EARNINGS PER SHARE (EPS) (Tables)

9 Months Ended

Jun. 30, 2012

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Diluted EPS considers the potential dilution that could occur if the Company’s outstanding common stock options, warrants and convertible debentures were converted into common stock that then shared in the

Company’s earnings (as adjusted for interest expense) that would no longer occur if the debentures were converted).

	FOR THE QUARTER						FOR THE NINE MONTHS
	ENDED JUNE 30,						ENDED JUNE 30,
	2012			2011			2012			2011
Basic earnings per share:
Income from continuing operations attributable to Rick's shareholders	$	1,845		$	2,476		$	6,279		$	8,065
Loss from discontinued operations, net of income taxes		(22	)		(1,588	)		(155	)		(2,179	)
Net income attributable to Rick's shareholders	$	1,823		$	888		$	6,124		$	5,886
Average number of common shares outstanding		9,725			9,924			9,710			9,968
Basic earnings per share - income from continuing operations	$	0.19		$	0.25		$	0.65		$	0.81
Basic earnings per share - discontinued operations	$	(0.00	)	$	(0.16	)	$	(0.02	)	$	(0.22	)
Basic earnings per share - net income attributable to Rick's shareholders	$	0.19		$	0.09		$	0.63		$	0.59
Diluted earnings per share:
Income from continuing operations attributable to Rick's shareholders	$	1,845		$	2,476		$	6,279		$	8,065
Adustment. to net earnings from assumed conversion of debentures (1)		-			-			-			-
Adjusted income from continuing operations		1,845			2,476			6,279			8,065
Discontinued operations		(22	)		(1,588	)		(155	)		(2,179	)
Adjusted net income attributable to Rick's shareholders	$	1,823		$	888		$	6,124		$	5,886

Average number of common shares outstanding:
Common shares outstanding		9,725			9,924			9,710			9,968
Potential dilutive shares resulting from exercise of warrants and options (2)		6			17			7			15
Potential dilutive shares resulting from conversion of debentures (3)		-			-			-			-
Total average number of common shares outstanding used for dilution		9,731			9,941			9,717			9,983

Diluted earnings per share - income from continuing operations atrributable to Rick's shareholders	$	0.19		$	0.25		$	0.65		$	0.81
Diluted earnings per share - discontinued operations	$	(0.00	)	$	(0.16	)	$	(0.02	)	$	(0.22	)
Diluted earnings per share - net income attributable to Rick's shareholders	$	0.19		$	0.09		$	0.63		$	0.59

* EPS may not foot due to rounding.

(1) Represents interest expense on dilutive convertible debentures that would not occur if they were assumed converted.

(2) All outstanding warrants and options were considered for the EPS computation.

(3) Convertible debentures (principal and accrued interest) outstanding at June 30, 2012 and 2011 totaling approximately $4.4 million and $7.4 million, respectively, were convertible into common stock at a price of $10.00 and $10.25 per share in 2012 and $10.25 in 2011. Potential dilutive shares of 433,533 and 719,056 for the three and nine months ended June 30, 2012 and 2011, respectively, have been excluded from earnings per share due to being anti-dilutive.