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Earnings Per Share
 3 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings (Loss) 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.
 
 
(in thousands)
 
 
Three Months Ended
 
 
December 31,
 
 
2016
 
2015
Numerator:
 
 
 
 
Net income (loss)
 
324

 
(116
)
Denominator:
 

 

Denominator for basic net income (loss) per share - weighted-average outstanding shares
 
11,201

 
9,568

Effect of dilutive securities:
 

 

Stock options and restricted stock
 
1,489

 
—

Denominator for diluted net income per share - weighted-average outstanding shares
 
12,690

 
9,568

 
 

 

Net income per share - basic
 
$
0.03

 
$
(0.01
)
Net income per share - diluted
 
$
0.03

 
$
(0.01
)