Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Earnings per Share (Tables)

v2.4.0.6
Note 2 - Earnings per Share (Tables)
 3 Months Ended
Dec. 31, 2012
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   
Three Months Ended
December 31,
 
   
2012
   
2011
 
Denominator:
           
Weighted average common shares outstanding – basic
    28,333,360       27,480,011  
Net effect of dilutive securities
               
Options
    176,793       1,060,958  
Warrants
    -       56,991  
Unvested restricted shares
    184,750       285,750  
Total net effect of dilutive securities
    361,543       1,403,699  
Weighted average common shares outstanding - diluted
    28,694,903       28,883,710  
Income per common share – basic
  $ 0.12     $ 0.10  
Income per common share – diluted
  $ 0.12     $ 0.09