Earnings per Share

9 Months Ended

Jun. 30, 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				Nine Months ended
	June 30,				June 30,
	2014		2013		2014		2013
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		9,651		9,549		9,613		9,511
Common shares issuable under
share based payment plans
which are potentially dilutive		67		76		87		81
Common shares used for diluted
earnings per common share		9,718		9,625		9,700		9,592
Net income	$	3,485		3,002		7,529		8,396
Earnings per common share
Basic	$	0.36		0.31		0.78		0.88
Diluted	$	0.36		0.31		0.78		0.88

For the three and nine months ended June 30, 2014, 24,290 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 nine months ended June 30, 2013, 87,550 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.