Years Ended September 30,
|
2007
|
2006
|
2005
|
|
|
|
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NET INCOME
|
|
|
|
Net income (loss) applicable to common shares for basic
earnings per share
|
$(649,412)
|
$803,613
|
$(1,573,772)
|
|
|
|
|
Net income (loss) applicable to common shares for diluted
earnings per share
|
$(649,412)
|
$803,613
|
$(1,573,772)
|
|
|
|
|
|
|
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|
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|
SHARES OUTSTANDING
|
|
|
|
Weighted average shares for basic earnings per share
|
1,213,984
|
1,211,245
|
1,211,629
|
|
|
|
|
Net effect of dilutive
stock options - based on the treasury stock method using year-end
market
price, if higher than average market price
|
-*
|
34,937
|
-*
|
|
|
|
|
Total shares for diluted earnings per share
|
1,213,984
|
1,246,182
|
1,211,629
|
|
|
|
|
|
|
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|
Basic Earnings Per Common Share
|
$(.53)
|
$.66
|
$(1.30) |
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Diluted Earnings Per Common Share
|
$(.53)
|
$.64
|
$(1.30)
|
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|
|
|
|
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* Net effect of stock
options was antidilutive for the period.
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