Net Income (Loss) Per Share (Tables)

3 Months Ended

Dec. 31, 2015

Net Income (Loss) Per Share

Schedule of basic and diluted net income (loss) per share

	Three Months Ended
	December 31,
(in thousands, except share and per share data)	2014			2015
Numerator: Basic and Diluted
Net income	$	6,381		$	228
Dividends paid		(2,738)			(2,746)
Undistributed income (loss)		3,643			(2,518)
Percentage allocated to common shares		99.1	%		99.0	%
Undistributed income (loss) allocated to common shares		3,610			(2,493)
Dividends paid on common shares outstanding		2,713			2,719
Net income available to common shares		6,323			226
Denominator: Basic and Diluted
Weighted average common shares outstanding		12,333,550			12,345,564
Adjustment for dilutive potential common shares		12,923			7,520
Weighted average shares outstanding - Diluted		12,346,473			12,353,084
Basic net income per share	$	0.51		$	0.02
Diluted net income per share	$	0.51		$	0.02
Number of stock option shares excluded as their effect would be anti-dilutive		290,255			374,502
Number of restricted stock shares excluded as their effect would be anti-dilutive		112,750			121,410
(a) Percentage allocated to common shares - Weighted average
Common shares outstanding		12,333,550			12,345,564
Unvested participating shares		112,750			121,410
		12,446,300			12,466,974