RF MONOLITHICS INC /DE/
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Earnings Per Share
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6 Months Ended |
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Feb. 29, 2012
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| Earnings Per Share [Abstract] | |
| Earnings Per Share | 5. EARNINGS PER SHARE Our earnings per share is computed by dividing our net earnings by the weighted average number of outstanding common shares during the period. Our diluted earnings per share is computed by dividing our net earnings by the weighted average number of outstanding common and potentially dilutive shares. Potentially dilutive shares are derived from outstanding stock options that have an exercise price less than the weighted average market price of our common stock. All RSUs were considered dilutive. Any options with an exercise price greater than the weighted average market price of our common stock are considered antidilutive and are excluded from the computation of diluted earnings per share. In a period of net loss, all outstanding options are considered antidilutive. The number of common stock options considered antidilutive and thus excluded from the diluted earnings or loss per share computation for the three and six months ended February 29, 2012 was 582,418 and was 612,220 for the three and six months ended February 28, 2011. |
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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified |
Feb. 29, 2012
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Aug. 31, 2011
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| ASSETS | |||||
| Cash | $ 549 | $ 700 | [1] | ||
| Trade receivables - net | 5,715 | 5,526 | [1] | ||
| Inventories - net | 6,440 | 5,594 | [1] | ||
| Prepaid expenses and other | 274 | 326 | [1] | ||
| Total current assets | 12,978 | 12,146 | [1] | ||
| PROPERTY AND EQUIPMENT - Net | 1,246 | 1,138 | [1] | ||
| GOODWILL | 556 | 556 | [1] | ||
| INTANGIBLES | 369 | 369 | [1] | ||
| OTHER ASSETS - Net | 135 | 205 | [1] | ||
| TOTAL | 15,284 | 14,414 | [1] | ||
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||||
| Current portion of long term debt - bank | 60 | 60 | [1] | ||
| Capital lease obligations - current portion | 16 | 16 | [1] | ||
| Accounts payable - trade | 2,893 | 2,852 | [1] | ||
| Accrued expenses and other current liabilities | 1,203 | 1,043 | [1] | ||
| Total current liabilities | 4,172 | 3,971 | [1] | ||
| LONG-TERM DEBT - Less current portion: | |||||
| Long term debt - bank | 2,970 | 2,400 | [1] | ||
| Capital lease obligations | 10 | 19 | [1] | ||
| Total long-term debt | 2,980 | 2,419 | [1] | ||
| DEFERRED TAX LIABILITIES | 125 | 125 | [1] | ||
| Total liabilities | 7,277 | 6,515 | [1] | ||
| STOCKHOLDERS' EQUITY: | |||||
| Common stock: 11,290 and 10,939 shares issued | 11 | 11 | [1] | ||
| Additional paid-in capital | 52,046 | 51,963 | [1] | ||
| Accumulated deficit | (44,050) | (44,075) | [1] | ||
| Total stockholders' equity | 8,007 | 7,899 | [1] | ||
| TOTAL | $ 15,284 | $ 14,414 | [1] | ||
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