Loss Per Common Share

3 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Loss Per Common Share

11.   Loss Per Common Share

The Company applies the two-class method in calculating per share data.  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 data):

	Three Months Ended
	December 31, 2018			December 31, 2017
Net loss	$	(5,853	)	$	(9,480	)
Less: Loss allocable to unvested restricted stock		—			—
Loss available to common shareholders		(5,853	)		(9,480	)
Reallocation of participating earnings		—			—
Loss attributable to common shareholders for diluted    earnings per share	$	(5,853	)	$	(9,480	)
Weighted average number of common share equivalents:
Common shares used in basic loss per share		13,339,408			13,202,384
Common share equivalents outstanding related to    stock options and RSUs		—			—
Total weighted average common shares and common    share equivalents used in diluted loss per share		13,339,408			13,202,384
Loss per share:
Basic	$	(0.44	)	$	(0.72	)
Diluted	$	(0.44	)	$	(0.72	)

For the calculation of diluted loss per share for the three months ended December 31, 2018 and 2017, 165,600 and 201,800 stock options and 147,800 and zero non-vested RSUs, respectively, were excluded in the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive.