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Earnings Per Share
12 Months Ended
Sep. 30, 2014
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.)

 

    Years Ended September 30
    2014   2013   2012
Common shares:            
             
Weighted average common shares                        
 outstanding during the period -                        
 shares used for basic earnings                        
 per common share     9,629       9,523       9,360  
                         
Common shares issuable under share                        
 based payment plans which are                        
 potentially dilutive     81       82       114  
                         
Common shares used for diluted                        
 earnings per common share     9,710       9,605       9,474  
                         
Net income   $ 10,019       15,385       7,808  
                         
Earnings per common share                        
 Basic   $ 1.04       1.62       .83  
 Diluted   $ 1.03       1.60       .82  

 

For 2014, 2013 and 2012, 31,790, 87,550, and 164,560 shares, respectively, attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.