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Loss Per Common Share (Tables)
12 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Calculation of Net Loss and Weighted Average Common Shares and Common Equivalent Shares Outstanding for Computation of Loss Per Share

The following table summarizes the calculation of net loss and weighted average common shares and common equivalent shares outstanding for purposes of the computation of loss per share (in thousands, except share and per share amounts):

 

 

 

YEAR ENDED SEPTEMBER 30,

 

 

 

2018

 

 

2017

 

 

2016

 

Net loss

 

$

(19,212

)

 

$

(56,791

)

 

$

(45,970

)

Less: Income allocable to unvested restricted stock

 

 

 

 

 

 

 

 

 

Loss available to common shareholders

 

 

(19,212

)

 

 

(56,791

)

 

 

(45,970

)

Reallocation of participating earnings

 

 

 

 

 

 

 

 

 

Loss attributable to common shareholders

   for diluted earnings per share

 

$

(19,212

)

 

$

(56,791

)

 

$

(45,970

)

Weighted average number of common share equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares used in basic loss per share

 

 

13,250,867

 

 

 

13,134,071

 

 

 

13,044,875

 

Common share equivalents outstanding related to

   stock options

 

 

 

 

 

 

 

 

 

Total weighted average common shares and common share

   equivalents used in diluted loss per share

 

 

13,250,867

 

 

 

13,134,071

 

 

 

13,044,875

 

Loss per shares:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(1.45

)

 

$

(4.32

)

 

$

(3.52

)

Diluted

 

$

(1.45

)

 

$

(4.32

)

 

$

(3.52

)