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Earnings per Share Data
 3 Months Ended
Dec. 31, 2012
Earnings per Share Data [Abstract]  
Earnings per Share Data

Note 5 – Earnings per Share Data

The following table sets forth the computation of basic and diluted earnings (loss) per share for the quarters ended December 31, 2012 and 2011:

 

                 
    December 31, 2012     December 31, 2011  
     

Net income (loss)

   $ (976,000 )    $ 875,000  
   

 

 

    

 

 

  
     

Common Shares:

                

Weighted average common shares outstanding

     9,518,000       9,518,000  

Effect of dilutive stock options

     —         —    
   

 

 

    

 

 

  

Diluted shares outstanding

     9,518,000       9,518,000  
   

 

 

    

 

 

  
     

Basic:

                

Net income (loss) per share

   $ (0.10 )    $ 0.09  
   

 

 

    

 

 

  

Diluted:

                

Net income (loss) per share

   $ (0.10 )    $ 0.09