Point of Emphasis at Work

[SMEngmann]

Today I had a situation that tested the points of emphasis in a bizarre game and I wanted to see what you guys would have done. Girls varsity game, I ejected coach B with two Ts earlier in the 4th quarter (separate incidents), and Team B led by 2 with 9.4 seconds to go and was inbounding at division line following an excessive timeout technical on team A (Chris Webber reincarnated). B1 inbounding the ball and B2 runs around A1 out of bounds in front of the inbounds passer and receives the ball. I had anticipated the play but came up with a no-call, which I regret to a point now, as team B was able to run several seconds off the clock before team A fouled (they had 1 to give). I admittedly thought about the advantage B got from going OOB and considered the ramifications had I T'ed B2, which would have given team A two shots to tie plus the ball, plus the fact that it probably would have led to an ejection of team Bs assistant and a real ugly situation, but I did ignore the POE. Had I called the T, I would've had a helluva time in my opinion trying to explain myself and my call to any evaluator or others in the association. What would you have done in this situation, and if you think I was right, why do we have a POE like this if it would be considered the wrong call, a "ticky-tack" over-officious call in a situation like this?