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Earnings Per Share (Tables)
6 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Reconciliation of Components of Basic and Diluted EPS Calculations

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

 

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

970

 

 

$

3,204

 

 

$

(8,388

)

 

$

460

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used to compute basic EPS

 

 

14,197

 

 

 

14,028

 

 

 

14,193

 

 

 

14,018

 

Dilutive potential common shares due to stock
    options (1)

 

 

 

 

 

128

 

 

 

 

 

 

124

 

Dilutive potential common shares due to RSUs (1)

 

 

12

 

 

 

1

 

 

 

 

 

 

 

Weighted-average shares used to compute diluted EPS

 

 

14,209

 

 

 

14,157

 

 

 

14,193

 

 

 

14,142

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per basic share

 

$

0.07

 

 

$

0.23

 

 

$

(0.59

)

 

$

0.03

 

Net income (loss) per diluted share

 

$

0.07

 

 

$

0.23

 

 

$

(0.59

)

 

$

0.03

 

 

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