XML 24 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share
9 Months Ended
Jun. 30, 2018
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.

 
 
Three Months Ended
 
Nine Months Ended
 
 
June 30,
 
June 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
     Net income
 
$
1,614

 
$
945

 
$
79

 
$
2,248

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic net income per share - weighted-average outstanding shares
 
11,899

 
11,299

 
11,875

 
11,250

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock
 
985

 
1,146

 
997

 
1,167

Denominator for diluted net income per share - weighted-average outstanding shares
 
12,884

 
12,445

 
12,872

 
12,417

 
 
 
 
 
 
 
 
 
Net income per share - basic
 
$
0.14

 
$
0.08

 
$
0.01

 
$
0.20

Net income per share - diluted
 
$
0.13

 
$
0.08

 
$
0.01

 
$
0.18