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Earnings Per Share (Tables)
9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share amounts):

 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
893

 
$
4,979

 
$
2,153

 
$
7,741

Net income (loss) from discontinued operations
$
1,154

 
$
(8
)
 
$
(8,113
)
 
$
6,517

Net income (loss)
$
2,047

 
$
4,971

 
$
(5,960
)
 
$
14,258

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares used to compute basic EPS
14,245

 
14,925

 
14,231

 
14,867

Common stock equivalents (1)
71

 
166

 
36

 
314

Weighted-average shares used to compute diluted EPS
14,316

 
15,091

 
14,267

 
15,181

 
 
 
 
 
 
 
 
Basic income per share from continuing operations
$
0.06

 
$
0.33

 
$
0.15

 
$
0.52

Basic income (loss) per share from discontinued operations
$
0.08

 
$
0.00

 
$
(0.57
)
 
$
0.44

Net income (loss) per basic share
$
0.14

 
$
0.33

 
$
(0.42
)
 
$
0.96

 
 
 
 
 
 
 
 
Diluted income per share from continuing operations
$
0.06

 
$
0.33

 
$
0.15

 
$
0.51

Diluted income (loss) per share from discontinued operations
$
0.08

 
$
0.00

 
$
(0.57
)
 
$
0.43

Net income (loss) per diluted share
$
0.14

 
$
0.33

 
$
(0.42
)
 
$
0.94


(1) The number of common stock equivalents is calculated using the treasury method and the average market price during the period.