10. Earnings (Loss) Per Share (Tables)

6 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Basic and diluted net loss per share

	Three Months Ended March 31,						Six Months Ended March 31,
	2016			2015			2016			2015
Basic
Net income (loss) attributed to Live Ventures Incorporated	$	1,218,508		$	(1,095,220	)	$	1,394,656		$	(6,042,654	)
Less: preferred stock dividends		(479	)		(479	)		(959	)		(962	)
Net income (loss) applicable to common stock	$	1,218,029		$	(1,095,699	)	$	1,393,697		$	(6,043,616	)
Weighted average common shares outstanding		16,895,709			16,045,823			16,900,429			15,573,357
Basic earnings (loss) per share	$	0.07		$	(0.07	)	$	0.08		$	(0.39	)
Diluted
Net income (loss) applicable to common stock	$	1,218,029		$	(1,095,699	)	$	1,393,697		$	(6,043,616	)
Add: preferred stock dividends		479			0			959			0
Net income (loss) applicable for diluted earnings (loss) per share	$	1,218,508		$	(1,095,699	)	$	1,394,656		$	(6,043,616	)
Weighted average common shares outstanding		16,895,709			16,045,823			16,900,429			15,573,357
Add: Options		97,912			0			115,106			0
Add: Warrants		1,833,168			0			1,955,722			0
Add: preferred stock		127,800			0			127,800			0
Assumed weighted average common shares outstanding		18,954,589			16,045,823			19,099,057			15,573,357
Diluted earnings (loss) per share	$	0.06		$	(0.07	)	$	0.07		$	(0.39	)

Potentially dilutive securities

	Three Months Ended March 31,				Six Months Ended March 31,
	2016		2015		2016		2015
Options to purchase shares of common stock		1,050,000		600,000		1,050,000		600,000
Warrants to purchase shares of common stock		3,540,876		3,540,876		3,540,876		3,540,876
Series E convertible preferred stock		127,840		127,840		127,840		127,840
Total potentially dilutive shares		4,718,716		4,268,716		4,718,716		4,268,716