Earnings per Share

6 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings per Share

(5) 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				Six Months ended
	March 31,				March 31,
	2014		2013		2014		2013
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		9,619		9,527		9,593		9,481
Common shares issuable under
share based payment plans
which are potentially dilutive		88		72		97		84
Common shares used for diluted
earnings per common share		9,707		9,599		9,690		9,565
Net income	$	1,703		2,271		4,044		5,394
Earnings per common share
Basic	$	0.18		0.24		0.42		0.57
Diluted	$	0.18		0.24		0.42		0.56

For the three and six months ended March 31, 2014, 26,334 and 31,790 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 and six months ended March 31, 2013, 165,740 and 173,240 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.