Loss Per Common Share

6 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Loss Per Common Share

12.   Loss Per Common 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 data):

	Three Months Ended						Six Months Ended
	March 31, 2020			March 31, 2019			March 31, 2020			March 31, 2019
Net income (loss)	$	(11,804	)	$	707		$	(13,093	)	$	(5,146	)
Less: Income (loss) allocable to unvested restricted stock		—			(12	)		—			—
Income (loss) attributable to common shareholders for    diluted earnings per share	$	(11,804	)	$	695		$	(13,093	)	$	(5,146	)
Weighted average number of common share equivalents:
Common shares used in basic income (loss) per share		13,541,404			13,401,135			13,503,486			13,369,932
Common share equivalents outstanding related to    stock options and RSUs		—			156,050			—			—
Total weighted average common shares and common    share equivalents used in diluted income (loss) per share		13,541,404			13,557,185			13,503,486			13,369,932
Income (loss) per share:
Basic	$	(0.87	)	$	0.05		$	(0.97	)	$	(0.38	)
Diluted	$	(0.87	)	$	0.05		$	(0.97	)	$	(0.38	)

For the calculation of diluted loss per share for the three and six months ended March 31, 2020, 103,100 stock options and 265,220 non-vested RSUs were excluded in the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive.  For the calculation of diluted loss per share for the six months ended March 31, 2019, 165,600 stock options and 161,300 non-vested RSUs, respectively, were excluded in the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive.