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EARNINGS PER SHARE (Tables)
3 Months Ended
Oct. 31, 2012
Summary of Earnings per Share
The following table reconciles earnings per share for the three and nine months ended October 31, 2012 and 2011.

 

     Three Months Ended
October 31,
 
     2012     2011
(As Restated)
 

BASIC

    

Income (loss) from continuing operations

   $ (10,664   $ 1,145   

Income (loss) from discontinued operations

     4        —     
  

 

 

   

 

 

 

Net income (loss)

   $ (10,660   $ 1,145   

Less net income allocable to participating restricted stock

     —          (10
  

 

 

   

 

 

 

Net income (loss) available for basic common shares

     (10,660     1,135   
  

 

 

   

 

 

 

Weighted average common shares outstanding

     43,589        43,315   
  

 

 

   

 

 

 

Basic net income (loss) per common share from continuing operations

   $ (0.24   $ 0.03   

Basic net income (loss) per common share from discontinued operations

     —          —     
  

 

 

   

 

 

 

Basic net income (loss) per common share

     (0.24   $ 0.03   
  

 

 

   

 

 

 

DILUTED

    

Income (loss) from continuing operations

   $ (10,664   $ 1,145   

Income (loss) from discontinued operations

     4        —     
  

 

 

   

 

 

 

Net income (loss)

   $ (10,660   $ 1,145   

Less net income allocable to participating restricted stock

     —          (10
  

 

 

   

 

 

 

Net income (loss) available for diluted common shares

     (10,660     1,135   
  

 

 

   

 

 

 

Weighted average common shares outstanding

     43,589        43,315   

Weighted average common equivalent shares arising from: dilutive stock options

     —          3   
  

 

 

   

 

 

 

Weighted average number of common and potential common shares

     43,589        43,318   
  

 

 

   

 

 

 

Diluted net income (loss) per common share from continuing operations

   $ (0.24   $ 0.03   

Diluted net income (loss) per common share from discontinued operations

     —          —     
  

 

 

   

 

 

 

Diluted net income (loss) per common share

   $ (0.24   $ 0.03