Basic and Diluted (Loss) Earnings Per Share

3 Months Ended

Jun. 30, 2011

Basic and Diluted (loss) Earnings Per Common Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Basic and Diluted (Loss) Earnings Per Common Share

The following is the reconciliation of the numerators and denominators of the basic and diluted net (loss) income per common share calculations:

	Three Months Ended June 30,
	2011			2010
Net (loss) income	$	(2,897	)	$	232
Weighted average number of shares issued	30,419,218			30,144,778
Weighted average number of treasury shares	(9,668,977		)	(9,668,977		)
Weighted average number of shares outstanding used in basic earnings per share calculation	20,750,241			20,475,801
Basic net (loss) income per common share	$	(0.14	)	$	0.01
Weighted average number of shares outstanding used in basic earnings per share calculation	20,750,241			20,475,801
Effect of dilutive securities:
Stock options and warrants	—			110,401
Weighted average number of shares outstanding used in diluted earnings per share calculation	20,750,241			20,586,202
Diluted net (loss) income per common share(1)	$	(0.14	)	$	0.01
Antidilutive securities not included in diluted earnings per share computation:
Options and warrants to purchase common stock	7,122,725			6,724,135
Exercise price	$0.82 to $5.55			$1.84 to $5.55

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(1) The number of shares utilized in the calculation of diluted loss per share was the same as those used in the basic calculation of loss per share for the three-months ended June 30, 2011, as the Company incurred a net loss for that period.