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EARNINGS PER SHARE
6 Months Ended
Mar. 31, 2012
Net Income Per Common Share:  
EARNINGS PER SHARE

(2) EARNINGS PER SHARE:

 

We follow Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Section 260 - “Earnings per Share”. This section provides for the calculation of basic and diluted earnings per share. The data on Page 3 shows the amounts used in computing earnings per share and the effects on income and the weighted average number of shares of potentially dilutive common stock equivalents. As of March 31, 2012 and April 2, 2011, no stock options were outstanding.