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Net Income (Loss) Per Share
 3 Months Ended
Sep. 30, 2012
Net Income (Loss) Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE

NOTE 4. NET INCOME (LOSS) PER SHARE

The difference in the weighted average shares outstanding used in the calculation of basic and diluted net income (loss) per share for the three months ended September 30, 2012 and 2011 is as follows:

 

                 
    Three Months Ended
September 30,		  
    2012     2011  

Numerators for basic and diluted per share data:

                

Income (loss) from continuing operations

   $ (59,000 )    $ 346,000  

Income from discontinued operations

     42,000       100,000  
   

 

 

    

 

 

  

Net income (loss)

   $ (17,000 )    $ 446,000  
   

 

 

    

 

 

  

Denominators for basic and diluted per share data:

                

Basic:

                

Weighted average common shares outstanding

     3,279,578       3,272,350  
   

 

 

    

 

 

  

Shares used in the computation of basic per share data

     3,279,578       3,272,350  
   

 

 

    

 

 

  

Diluted:

                

Shares used in the computation of basic per share data

     3,279,578       3,272,350  

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

     —         7,695  
   

 

 

    

 

 

  

Shares used in the computation of diluted per share data

     3,279,578       3,280,045  
   

 

 

    

 

 

  

Basic per share data:

                

Income (loss) from continuing operations

   $ (0.02 )    $ 0.11  

Income from discontinued operations

     0.01       0.03  
   

 

 

    

 

 

  

Net income (loss)

   $ (0.01 )    $ 0.14  
   

 

 

    

 

 

  

Diluted per share data:

                

Income (loss) from continuing operations

   $ (0.02 )    $ 0.11  

Income from discontinued operations

     0.01       0.03  
   

 

 

    

 

 

  

Net income (loss)

   $ (0.01 )    $ 0.14  
   

 

 

    

 

 

  

Potentially dilutive securities, consisting of options to purchase shares of our common stock as described in Note 8, are not included in the calculation of diluted loss per share for the three months ended September 30, 2012 due to their anti-dilutive effect on the diluted loss per share calculations for that period.

Options having exercise prices that are greater than the per share market price for our common stock have been excluded from the diluted per share calculations for the three months ended September 30, 2011, due to their anti-dilutive effect. Shares represented by such options amounted to 277,508 for the three months ended September 30, 2011.