EARNINGS PER SHARE

12 Months Ended

Sep. 30, 2024

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
	2024		2023
	Basic		Basic
Weighted average number of common shares outstanding		599,020		584,148
Net income available to common shareholders	$	4,336,489	$	11,596,393
Net earnings per share available to common shareholders	$	7.24	$	19.85

	For Fiscal Years
	2024		2023
	Diluted		Diluted
Weighted average number of common shares outstanding		599,020		584,148
Weighted average of net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)		7,762		11,702
Weighted average number of shares outstanding		606,782		595,850
Net income available to common shareholders	$	4,336,489	$	11,596,393
Net earnings per share available to common shareholders	$	7.15	$	19.46

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