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Earnings Per Share & Diluted Earnings Per Share (Tables)
12 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Reconciliation of Denominators of Basic and Diluted EPS Calculations

A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share amounts):

 

 

 

Years Ended September 30,

 

 

 

2021

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

1,508

 

 

$

(3,907

)

 

$

3,135

 

Net loss from discontinued operations

 

$

 

 

$

(11,816

)

 

$

(8,297

)

Net income (loss)

 

$

1,508

 

 

$

(15,723

)

 

$

(5,162

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average shares used to compute basic
   EPS

 

 

14,189

 

 

 

14,159

 

 

 

14,240

 

Common stock equivalents (1)

 

 

151

 

 

 

 

 

 

35

 

Weighted-average shares used to compute diluted
   EPS

 

 

14,340

 

 

 

14,159

 

 

 

14,275

 

Basic income (loss) per share from continuing
   operations

 

$

0.11

 

 

$

(0.28

)

 

$

0.22

 

Basic loss per share from discontinued
   operations

 

$

 

 

$

(0.83

)

 

$

(0.58

)

Net income (loss) per basic share

 

$

0.11

 

 

$

(1.11

)

 

$

(0.36

)

Diluted income (loss) per share from continuing
   operations

 

$

0.11

 

 

$

(0.28

)

 

$

0.22

 

Diluted loss per share from discontinued
   operations

 

$

 

 

$

(0.83

)

 

$

(0.58

)

Net income (loss) per diluted share

 

$

0.11

 

 

$

(1.11

)

 

$

(0.36

)

 

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