Years Ended June 30,

2012

2011

Numerators for basic and diluted per share data:

Income (loss) from continuing operations

$

(960,000

)

$

2,800,000

Income (loss) from discontinued operations

84,000

(160,000

)

Net income (loss)

$

(876,000

)

$

2,640,000

Denominators for basic and diluted per share data:

Basic:

Weighted average common shares outstanding

3,272,350

3,264,936

Shares used in the computation of basic per share data

3,272,350

3,264,936

Diluted:

Shares used in the computation of basic per share data

3,272,350

3,264,936

Net shares assumed issued using the treasury stock method for outstanding common stock options

—

22,479

Shares used in the computation of diluted per share data

3,272,350

3,287,415

Basic per share data:

Income (loss) from continuing operations

$

(0.29

)

$

0.86

Income (loss) from discontinued operations

0.02

(0.05

)

Net income (loss)

$

(0.27

)

$

0.81

Diluted per share data:

Income (loss) from continuing operations

$

(0.29

)

$

0.85

Income (loss) from discontinued operations

0.02

(0.05

)

Net income (loss)

$

(0.27

)

$

0.80