Earnings per Share

9 Months Ended

Jun. 30, 2016

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 share and per share amounts):

	Three Months ended				Nine Months ended
	June 30,				June 30,
	2016		2015		2016		2015
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		9,864		9,777		9,839		9,745
Common shares issuable under
share based payment plans
which are potentially dilutive		43		62		45		77
Common shares used for diluted
earnings per common share		9,907		9,839		9,884		9,822
Income from continuing operations	$	774		2,046		10,067		4,022
Discontinued operations		—		—		—		2,179
Net income	$	774		2,046		10,067		6,201
Basic earnings per common share:
Income from continuing operations	$	0.08		0.21		1.02		0.41
Discontinued operations		0.00		0.00		0.00		0.23
Net income	$	0.08		0.21		1.02		0.64
Diluted earnings per common share:
Income from continuing operations	$	0.08		0.21		1.02		0.41
Discontinued operations		0.00		0.00		0.00		0.22
Net income	$	0.08		0.21		1.02		0.63

For the three and nine months ended June 30, 2016, 72,090 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, 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.