XML 42 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 8 - Net Loss Per Share
3 Months Ended
Jan. 31, 2015
Notes to Financial Statements  
Earnings Per Share [Text Block]
(8)
Net Loss Per Share
 
Basic net loss per share excludes dilution and is computed by dividing net loss available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted net 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 loss of the Company.
 
The following is a reconciliation of the numerators and denominators of the net loss per share computations for the periods presented:
 
 
 
Three months ended January 31,
 
 
 
2015
 
 
2014
 
                 
Net loss attributable to OCC (numerator)
  $ (228,183 )   $ (412,136 )
                 
Shares (denominator)
    6,277,105       6,014,075  
                 
Basic and diluted net loss per share
  $ (0.04 )   $ (0.07 )
 
Weighted average unvested shares as of January 31, 2015 and 2014 totaling 546,082 and 548,969, respectively, were not included in the computation of basic and diluted net loss per share for the three months ended January 31, 2015 and 2014 (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).