XML 39 R24.htm IDEA: XBRL DOCUMENT
v3.6.0.2

(Loss) Earnings Per Share | 12 Months Ended
--- | ---
Sep. 30, 2016
(Loss) Earnings Per Share [Text Block] |
18. | Earnings (Loss) Per Share
The following is the calculation of earnings (loss) per share:
|  |  | 2015 |  |  | 2016 |
| Net profit (loss) from continuing operations | $ | 14,042,689 |  | $ | (12,652,194 | )
| Income from discontinued operations |  | 1,831,237 |  |  | - |
| Net profit (loss) | $ | 15,873,926 |  | $ | (12,652,194 | )
| Weighted average shares used in basic computation (note) |  | 12,718,388 |  |  | 17,786,374 |
| Dilutive effect of unvested restricted shares |  | 162,733 |  |  | - |
| Weighted average shares used in diluted computation |  | 12,881,121 |  |  | 17,786,374 |
| Earnings (loss) per share – Basic |  |  |  |  |  |
| From continuing operations | $ | 1.10 |  | $ | (0.71 | )
| From discontinued operations |  | 0.14 |  |  | - |
|  | $ | 1.24 |  | $ | (0.71 | )
| Earnings (loss) per share –Diluted |  |  |  |  |  |
| From continuing operations | $ | 1.09 |  | $ | (0.71 | )
| From discontinued operations |  | 0.14 |  |  | - |
|  | $ | 1.23 |  | $ | (0.71 | )
| Note: | Including (i) 82,502 and 55,000 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued for the years ended September 30, 2015 and 2016, respectively; and (ii) 4,376,731 and nil shares to be issued to the investors as of September 30, 2015 and 2016, respectively, on conversion of loans pursuant to the Debt Conversion Agreement on September 29, 2015 (Note 1).
For the year ended September 30, 2015 and 2016, the outstanding 4,200 stock options were anti-dilutive and excluded from diluted earnings per share. For the year ended September 30, 2016, 822,000 unvested restricted shares were anti-dilutive and excluded from shares used in the diluted computation.

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration