Earnings Per Share of Common Stock (Tables)

9 Months Ended

Jun. 30, 2022

Earnings Per Share of Common Stock

Schedule of basic and diluted earnings per share computations

Basic and diluted earnings per share computations for the Company’s reported net loss attributable to common stockholders are as follows:

	Three months ended				Nine months ended
	June 30,		June 30,		June 30,		June 30,
	2022		2021		2022		2021
	(Amounts in thousands except per share data)
Net income (loss)	$	684	$	(423)	$	474	$	(119)
Less: net income attributable to nonvested common stock		38		—		24		—
Net income (loss) attributable to common shareholders	$	646	$	(423)	$	450	$	(119)
Weighted average total shares outstanding – basic		4,535		4,179		4,481		4,137
Less: weighted average non–vested shares outstanding		255		—		230		—
Weighted average number of common shares outstanding – basic		4,280		4,179		4,251		4,137
Add: potential common shares from non–vested stock awards and the assumed exercise of stock options		3		—		14		—
Weighted average common shares outstanding – diluted		4,283		4,179		4,265		4,137
Net income (loss) per common share - basic	$	0.15	$	(0.10)	$	0.11	$	(0.03)
Net income (loss) per common share - diluted	$	0.15	$	(0.10)	$	0.11	$	(0.03)