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    <td style="text-align: left; width: 5%">(9)</td>
    <td style="text-align: left; text-decoration: underline; width: 95%">Income Taxes</td></tr>
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    <td style="layout-grid-mode: line; text-align: justify">For the three and six months ended September 30, 2012, the Company recorded provisions for federal, state and local income taxes of $393,000 and $1,039,000, respectively. Except for alternative minimum taxes, the Company did not record a provision or benefit for federal, state and local income taxes for the three and six months ended September 30, 2011 because any such provision or benefit would have been fully offset by a change in the valuation allowance against the net deferred tax asset. The Company reversed the full valuation allowance in the fourth quarter of fiscal 2012 because, in light of operating income generated in fiscal years 2012 and 2011 and other factors, the Company believed it was more likely than not that it would be able to utilize the net deferred tax assets to reduce its tax expense in future periods.</td></tr>
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<td>(9)</td>
<td>Income Taxes</td></tr>
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<td>For the three and six months ended September 30, 2012, the Company recorded provisions for federal, state and local income taxes of $393,000 and $1,039,000, respectively. Except for alternative minimum taxes, the Company did not record a provision or benefit for federal, state and local income taxes for the three and six months ended September 30, 2011 because any such provision or benefit would have been fully offset by a change in the valuation allowance against the net deferred tax asset. The Company reversed the full valuation allowance in the fourth quarter of fiscal 2012 because, in light of operating income generated in fiscal years 2012 and 2011 and other factors, the Company believed it was more likely than not that it would be able to utilize the net deferred tax assets to reduce its tax expense in future periods.</td></tr>
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