EARNINGS PER SHARE

12 Months Ended

Sep. 30, 2022

EARNINGS PER SHARE

EARNINGS PER SHARE

3. EARNINGS PER SHARE:

Basic earnings per share available to common shareholders is calculated by dividing net income by the weighted average number of common shares outstanding for each period. Diluted earnings per share available to common shareholders is calculated by dividing income from operations by the sum of the weighted average number of common shares outstanding and the weighted average dilutive equity awards.

	For Fiscal Years
	2022		2021
	Basic		Basic
Weighted average number of common shares outstanding		567,697		550,551
Net income available to common shareholders	$	16,672,257	$	15,545,265
Net earnings per share available to common shareholders	$	29.37	$	28.24

	For Fiscal Years
	2022		2021
	Diluted		Diluted
Weighted average number of common shares outstanding		567,697		550,551
Weighted average of net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)		15,365		17,552
Weighted average number of shares outstanding		583,062		568,103
Net income available to common shareholders	$	16,672,257	$	15,545,265
Net earnings per share available to common shareholders	$	28.59	$	27.36

(1) Diluted earnings per share calculation includes all equity-based awards deemed to be dilutive.