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Note 4 - Net Loss Per Share
6 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

(4)

Net Loss per share


Basic and diluted loss per share has been computed based on net income (loss) and the weighted-average number of common shares outstanding during the applicable period. For diluted net loss per share, common stock equivalents (shares of common stock issuable upon the exercise of stock options and unvested restricted stock units) are excluded from the calculation of diluted net loss per share as their inclusion would be anti-dilutive. The Company has excluded all antidilutive share-based awards to purchase common stock in periods indicating a loss, as their effect is anti-dilutive.


The following table sets forth the computation of historical basic and diluted net loss per share.


   

Three Months Ended
December 31,

 
   

2013

   

2012

 
                 

Net (loss) income (in millions)

  $ (0.1 )   $ 4.6  

Weighted-average shares outstanding

    28,291,665       28,137,346  

Weighted- average shares outstanding adjusted using exchange ratio used to compute basic earnings per share

    -       28,137,346  

Dilutive effect of restricted stock and stock options

    -       214,983  

Shares used to compute diluted earnings per share

    28,291,665       28,352,329  

Basic loss per share

  $ (0.00 )   $ 0.16  

Diluted loss per share

  $ (0.00 )   $ 0.16  

Number of antidilutive share-based awards excluded from computation

    2,538,263       1,638,512  

   

Six Months Ended
December 31,

 
   

2013

   

2012

 
                 

Net loss (in millions)

  $ (4.0 )   $ (2.6 )

Weighted-average shares outstanding

    28,286,404       28,137,346  

Weighted- average shares outstanding adjusted using exchange ratio used to compute basic earnings per share

    -       28,137,346  

Dilutive effect of restricted stock and stock options

    -       -  

Shares used to compute diluted earnings per share

    28,286,404       28,137,346  

Basic and diluted loss per share

  $ (0.14 )   $ (0.09 )

Number of antidilutive share-based awards excluded from computation

    2,538,263       1,638,512