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Income (Loss) per Share
9 Months Ended
Jun. 30, 2011
Income (Loss) per Share  
Income (Loss) per Share

5. Income (Loss) per Share

 

Income (loss) per share (“EPS”) is calculated using the principles of ASC Topic 260, “Earnings Per Share” (ASC 260).

 

For the three month period ended June 30, 2011, there were 253,800 options to purchase Common Stock outstanding excluded from the computation of diluted earnings per share because the effect would be anti-dilutive.  For the nine month period ended June 30, 2011, there were 253,800 options to purchase Common Stock outstanding included in the computation of diluted earnings per share.

 

For the three month period ended June 30, 2010, there were 359,800 options to purchase Common Stock outstanding included in the computation of diluted earnings per share.  For the nine month period ended June 30, 2010, there were 362,500 options to purchase Common Stock outstanding excluded from the computations of diluted earnings per share because the effect would be anti-dilutive.