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Earnings per Share
 3 Months Ended
Nov. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 4.     Earnings per Share
 
The following is a reconciliation of the numerators and denominators of the basic and diluted computations for earnings per common share:
 
 
 
For the Three Months
Ended November 30,
 
 
 
2013
 
2012
 
 
 
 
 
 
 
 
 
(In thousands, except share and per share information)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EPS:
 
 
 
 
 
 
 
Net income
 
$
1,064
 
$
383
 
Less: accrued preferred stock dividends
 
 
(19)
 
 
(19)
 
Net income available for common shareholders
 
$
1,045
 
$
364
 
 
 
 
 
 
 
 
 
Earnings per common share – basic and diluted
 
$
0.21
 
$
0.08
 
 
For the three months ended November 30, 2013 and 2012, 40,000 potential common shares (issuable upon conversion of 36,000 shares of the Company’s Series A Cumulative Convertible Preferred Stock) have been excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.