Income (Loss) per Common Share

9 Months Ended

Jun. 30, 2011

INCOME (LOSS) PER COMMON SHARE [Abstract]

Earnings Per Share [Text Block]

INCOME (LOSS) PER COMMON SHARE

Income (loss) per common share is computed in accordance with ASC Topic 260, “Earnings per Share.” Presented below is a reconciliation of net income (loss) available to common shareholders and the differences between weighted average common shares outstanding, which are used in computing basic income (loss) per share, and weighted average common and potential shares outstanding, which are used in computing diluted income (loss) per share.  Diluted amounts are not included in the computation of diluted loss per share, as such amounts would be antidilutive.

	Three months ended				Nine Months Ended
	June 30,				June 30,
	2011		2010		2011		2010
Net income (loss) available to common shareholders (in thousands)	$	2,768	$	360	2,574		(9,366		)
Weighted average common shares outstanding	27,184,248		27,436,616		27,963,097		27,339,511
Effect of dilutive securities:
Options	628,606		525,058		646,465		—
Weighted average common and potential shares outstanding	27,812,854		27,961,674		28,609,562		27,339,511
Basic income (loss) per share	$	0.10	$	0.01	$	0.09	$	(0.34	)
Diluted income (loss) per share	$	0.10	$	0.01	$	0.09	$	(0.34	)

Certain options to purchase shares of the Company's common stock were not included in the weighted average common and potential shares outstanding in the computation of dilutive earnings per share, due to the antidilutive effects of a net loss:

	Three months ended June 30,		Nine month periods ended June 30,
	2011	2010	2011	2010
Common Stock Options	3,710,894	3,857,108	3,643,712	6,374,719
Range of exercise price	$3.69 - $18.71	$3.58 - $18.71	$3.50 - $18.71	$3.58 - $18.71

In the three and nine month period ended June 30, 2011, options to purchase approximately 3.7 million and 3.6 million shares of common stock, with exercise prices ranging from $3.69 to $18.71 for the three month period and $3.50 to $18.71 for the nine month period per share respectively, were not included in the computation of dilutive loss per share, due to their antidilutive effect.

In the three and nine month periods ended June 30, 2010, options to purchase approximately 3.9 million and 4.2 million shares of common stock, with exercise prices ranging from $3.58 to $18.71 per share respectively, were not included in the computation of dilutive loss per share, due to the antidilutive effect. In addition, for the nine month period ended June 30, 2010 approximately 2.2 million equivalent shares were not included, due to the loss generated in the period.