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Earnings (loss) per Common Share (Tables)
12 Months Ended
Aug. 31, 2013
Earnings Per Share [Abstract]  
Reconciliation of Income from Operations Applicable to Common Shares and Computation of Diluted Weighted Average Shares Outstanding

The following table presents the reconciliation of net income (loss) to net income (loss) applicable to common shares and the computation of diluted weighted average shares outstanding for the fiscal years 2013, 2012 and 2011.

 

     Year Ended August 31,  
         2013             2012             2011      
     (in thousands)  

Numerator:

  

Net income (loss)

   $ 4,007      $ (9,566   $ (5,117

Less: Allocation to participating securities

     (11     -        -   
  

 

 

 
Net income (loss) applicable to common shares and equivalents    $ 3,996      $ (9,566   $ (5,117
  

 

 

 

Denominator:

      
Weighted average common shares and equivalents outstanding, basic      12,369        12,294        12,251   

Dilutive stock options and awards

     249        -        -   
  

 

 

 
Weighted average common shares and equivalents outstanding, diluted        12,618          12,294          12,251