Years Ended September 30,
|
2015
|
2014
|
2013
|
|
|
|
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NET INCOME
|
|
|
|
Net income (loss) applicable to common shares for basic
earnings per share
|
$(122,377)
|
$8,376
|
$138,805
|
|
|
|
|
Net Income (loss) applicable to common shares for diluted
earnings per share
|
$(122,377)
|
$8,376
|
$138,805
|
|
|
|
|
|
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SHARES OUTSTANDING
|
|
|
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Weighted average shares for basic earnings per share
|
1,638,215
|
1,638,215
|
1,610,571
|
|
|
|
|
Net effect of dilutive options available under convertible
note - based on the treasury stock method using year-end
market
price, if higher than average market price
|
*
|
31,097
|
23,505
|
|
|
|
|
Total shares for diluted earnings per share
|
1,638,215
|
1,669,312
|
1,634,076
|
|
|
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Basic Earnings Per Common Share
|
$(.07)
|
$.01
|
$.09 |
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Diluted Earnings Per Common Share
|
$(.07)
|
$.01
|
$.08
|
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|
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|
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* Net effect of stock
options was antidilutive for the period.
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