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NET INCOME (LOSS) PER SHARE (Tables)
6 Months Ended
Dec. 31, 2012
Weighted Average Shares Outstanding Used in Calculation of Basic and Diluted per Share Information

The difference in the weighted average shares outstanding used in the calculation of basic and diluted net income (loss) per share for the three and six months ended December 31, 2012 and 2011 is as follows:

 

     Three Months Ended
December 31,
 
     2012     2011  

Numerators for basic and diluted per share data:

    

Loss from continuing operations

   $ (364,000   $ (329,000

Income from discontinued operations

     16,000        37,000   
  

 

 

   

 

 

 

Net loss

   $ (348,000   $ (292,000
  

 

 

   

 

 

 

Denominators for basic and diluted per share data:

    

Basic:

    

Weighted average common shares outstanding

     3,319,180        3,272,350   
  

 

 

   

 

 

 

Shares used in the computation of basic per share data

     3,319,180        3,272,350   
  

 

 

   

 

 

 

Diluted:

    

Shares used in the computation of basic per share data

     3,319,180        3,272,350   

Net shares assumed issued using the treasury stock method for outstanding common stock options

     —          —     
  

 

 

   

 

 

 

Shares used in the computation of diluted per share data

     3,319,180        3,272,350   
  

 

 

   

 

 

 

Basic per share data:

    

Loss from continuing operations

   $ (0.11   $ (0.10

Income from discontinued operations

     —          0.01   
  

 

 

   

 

 

 

Net loss

   $ (0.11   $ (0.09
  

 

 

   

 

 

 

Diluted per share data:

    

Loss from continuing operations

   $ (0.11   $ (0.10

Income from discontinued operations

     —          .01   
  

 

 

   

 

 

 

Net loss

   $ (0.11   $ (0.09
  

 

 

   

 

 

 

 

     Six Months Ended
December 31,
 
     2012     2011  

Numerators for basic and diluted per share data:

    

Income (loss) from continuing operations

   $ (418,000   $ 17,000   

Income from discontinued operations

     53,000        137,000   
  

 

 

   

 

 

 

Net income (loss)

   $ (365,000   $ 154,000   
  

 

 

   

 

 

 

Denominators for basic and diluted per share data:

    

Basic:

    

Weighted average common shares outstanding

     3,299,379        3,272,350   
  

 

 

   

 

 

 

Shares used in the computation of basic per share data

     3,299,379        3,272,350   
  

 

 

   

 

 

 

Diluted:

    

Shares used in the computation of basic per share data

     3,299,379        3,272,350   

Net shares assumed issued using the treasury stock method for outstanding common stock options

     —          20,158   
  

 

 

   

 

 

 

Shares used in the computation of diluted per share data

     3,299,379        3,292,508   
  

 

 

   

 

 

 

Basic per share data:

    

Income (loss) from continuing operations

   $ (0.13   $ 0.01   

Income from discontinued operations

     0.02        0.04   
  

 

 

   

 

 

 

Net income (loss)

   $ (0.11   $ 0.05   
  

 

 

   

 

 

 

Diluted per share data:

    

Income (loss) from continuing operations

   $ (0.13   $ 0.01   

Income from discontinued operations

     0.02        0.04   
  

 

 

   

 

 

 

Net income (loss)

   $ (0.11   $ 0.05