Earnings per Share

9 Months Ended

Jun. 30, 2015

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				Nine Months ended
	June 30,				June 30,
	2015		2014		2015		2014
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		9,777		9,651		9,745		9,613
Common shares issuable under
share based payment plans
which are potentially dilutive		62		67		77		87
Common shares used for diluted
earnings per common share		9,839		9,718		9,822		9,700
Income from continuing operations	$	2,047		1,754		4,022		3,837
Discontinued operations		—		1,731		2,179		3,692
Net income	$	2,047		3,485		6,201		7,529
Basic earnings per common share:
Income from continuing operations	$	0.21		0.18		0.41		0.40
Discontinued operations		0.00		0.18		0.23		0.38
Net income	$	0.21		0.36		0.64		0.78
Diluted earnings per common share:
Income from continuing operations	$	0.21		0.18		0.41		0.40
Discontinued operations		0.00		0.18		0.22		0.38
Net income	$	0.21		0.36		0.63		0.78

For the three and nine months ended June 30, 2015, 62,021 and 76,691 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 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 common share because their inclusion would have been anti-dilutive.