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Earnings per Share
3 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Earnings per Share

(6) Earnings per share. The following details the computations of the basic and diluted earnings per common share (dollars in thousands, except per share amounts):

   THREE MONTHS
   ENDED DECEMBER 31,
   2012  2011
Weighted average common shares      
outstanding during the period      
- shares used for basic      
earnings per common share   9,452    9,290 
           
Common shares issuable under          
share based payment plans          
which are potentially dilutive   97    132 
           
Common shares used for diluted          
earnings per common share   9,549    9,422 
           
Net income  $3,123    2,124 
           
Earnings per common share          
Basic  $0.33    0.23 
Diluted  $0.33    0.23 

 

For the three months ended December 31, 2012, 173,240 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three months ended December 31, 2011, 172,060 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per common share because their inclusion would have been anti-dilutive.