Equity (Tables)

9 Months Ended

Jun. 30, 2018

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands, except share amounts):


	Three Months Ended June 30,						Nine Months Ended June 30,
	2018		2017		2018		2017
Numerator for basic and diluted (loss) earnings per share attributable to common stockholders:
Net (loss) income attributable to common stockholders	$	(4,689)	$	(3,402)	26,884		8,139

Denominator:
Denominator for basic (loss) earnings per share—weighted average number of shares	14,411,940		14,035,074		14,224,680		13,983,495
Effect of diluted securities (a)	—		—		133,333		—
Denominator for diluted (loss) earnings per share—adjusted weighted average number of shares and assumed conversions	14,411,940		14,035,074		14,358,013		13,983,495

Basic (loss) earnings per share	$	(0.33)	$	(0.24)	$	1.89	$	0.58
Diluted (loss) earnings per share	$	(0.33)	$	(0.24)	$	1.87	$	0.58

(a) For the three months ended June 30, 2018, no shares were included as their effect would have been anti-dilutive.