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Net Income (Loss) Per Share
9 Months Ended
Jul. 31, 2013
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
Net Income (Loss) Per Share
Basic net income (loss) per share excludes dilution and is computed by dividing net income or loss available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted net income (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the net income or loss of the Company.
The following is a reconciliation of the numerators and denominators of the net income (loss) per share computations for the periods presented:
 
 
Three months ended July 31,
 
Nine months ended July 31,
 
 
2013
 
2012
 
2013
 
2012
Net income (loss) attributable to OCC (numerator)
 
(124,611
)
 
$
1,173,428

 
47,694

 
$
2,314,797

Shares (denominator)
 
5,779,230

 
6,667,481

 
6,312,700

 
6,449,227

Basic and diluted net income (loss) per share
 
$
(0.02
)
 
$
0.18

 
$
0.01

 
$
0.36


There were no stock options that could potentially dilute net income (loss) per share in the future that were not included in the computation of diluted net income (loss) per share for the three months and nine months ended July 31, 2013 and 2012.  
Unvested shares as of July 31, 2013 totaling 627,558 were not included in the computation of basic and diluted net loss per share for the three months ended July 31, 2013 (because to include such shares would have been antidilutive, or in other words, to do so would have reduced the net loss per share for that period).