Note 9 - Per Share Data

9 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 9. PER SHARE DATA

Basic net income per share of common stock attributable to the Company is computed on the basis of the weighted average number of shares of common stock outstanding. Diluted net income per share is computed on the basis of such weighted average number of shares of common stock outstanding plus the dilutive effect of incremental shares of common stock potentially issuable under outstanding options, warrants and unvested restricted stock units utilizing the treasury stock method.

	Three Month Period Ended				Nine Month Period Ended
	June 30,				June 30,
	2015		2014		2015		2014
Numerator:
Net income	$	149,000	$	1,707,000	$	783,000	$	6,225,000
Denominator:
Denominator for basic earnings per share-weighted average shares		12,446,365		12,324,689		12,446,365		12,208,449
Effect of dilutive securities:
Options		8,284		60,000		18,912		28,200
Warrants		-		5,076		-		-
Unvested restricted stock units		36,521		124,363		30,198		124,363
Denominator for diluted earnings per share-adjusted weighted-average shares		12,491,170		12,514,128		12,495,475		12,361,012
Net income per share:
Basic	$	0.01	$	0.14	$	0.06	$	0.51
Diluted	$	0.01	$	0.14	$	0.06	$	0.50

The following potential common share equivalents are not included in the above diluted computation because to do so would be anti-dilutive: 

	Three and Nine Month Periods Ended June 30,
	2015		2014
Options		1,328,000		640,000
Warrants		64,676		89,676
		1,392,676		729,676