Earnings Per Share
 3 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Earnings Per Share

6. EARNINGS PER SHARE

The following table presents information necessary to calculate basic and diluted earnings per share (in thousands of dollars, except per share amounts):

 

     Three Months Ended December 31,  
     2011     2010  

Net Income (Loss)

    $ (3,457 )    $ (8,915 ) 
  

 

 

    

 

 

  

Average Shares Outstanding

      11,984,568        11,846,291   

Effect of Incremental Shares Issuable from Assumed Exercise of Stock Options and Nonvested Restricted Stock Under the Treasury Stock Method

      —          —     
  

 

 

    

 

 

  

Adjusted Average Shares

      11,984,568        11,846,291   
  

 

 

    

 

 

  

Diluted EPS—Net Income (Loss)

    $ (0.29 )    $ (0.75 )