EARNINGS PER SHARE (Tables)

9 Months Ended

Jun. 30, 2020

EARNINGS PER SHARE

Schedule of net earnings per share available to common shareholders

	For the three months ended June
	2020				2019
	Basic		Diluted		Basic		Diluted
Weighted average common shares outstanding		565,483		565,483		592,768		592,768
Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)		—		4,419		—		13,510
Weighted average number of shares outstanding		565,483		569,902		592,768		606,278
Net income available to common shareholders	$	1,579,566	$	1,579,566	$	665,679	$	665,679
Net earnings per share available to common shareholders	$	2.79	$	2.77	$	1.12	$	1.10

(1) Diluted earnings per share calculation includes all stock options and restricted stock units deemed to be dilutive.

	For the nine months ended June
	2020				2019
	Basic		Diluted		Basic		Diluted
Weighted average common shares outstanding		564,578		564,578		607,505		607,505
Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)		—		5,295		—		10,382
Weighted average number of shares outstanding		564,578		569,873		607,505		617,887
Net income available to common shareholders	$	2,730,754	$	2,730,754	$	3,434,215	$	3,434,215
Net earnings per share available to common shareholders	$	4.84	$	4.79	$	5.65	$	5.56

(1) Diluted earnings per share calculation includes all stock options and restricted stock units deemed to be dilutive.