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Earnings Per Share
 6 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
 
Basic earnings per share is calculated by dividing income available to common shareholders by the weighted average number of common shares outstanding and restricted stock grants that vested or are likely to vest during the period. Diluted earnings per share is calculated by dividing income available to common shareholders by the weighted average number of basic common shares outstanding, adjusted to reflect potentially dilutive securities. Diluted earnings per share is calculated using the treasury stock method.

Earnings per share information is presented in the table below (in thousands except for per share amounts):
Three Months EndedSix Months Ended
March 31,March 31,
2025202420252024
Numerator:
Net income
$878 $1,812 $1,992 $3,963 
Denominator:
Denominator for basic net income per share - weighted-average outstanding shares14,386 14,205 14,386 14,118 
Effect of dilutive securities:
Stock options and restricted stock68 741 68 705 
Denominator for diluted net income per share - weighted-average outstanding shares14,454 14,946 14,454 14,823 
Net income per share - basic
$0.06 $0.13 $0.14 $0.28 
Net income per share - diluted
$0.06 $0.12 $0.14 $0.27