XML 29 R18.htm IDEA: XBRL DOCUMENT v3.20.4
Loss Per Common Share
3 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Loss Per Common Share

11.   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

 

 

 

December 31, 2020

 

 

December 31, 2019

 

Net loss

 

$

(1,050

)

 

$

(9,282

)

Less: Loss allocable to unvested restricted stock

 

 

 

 

 

 

Loss attributable to common shareholders for

   diluted earnings per share

 

$

(1,050

)

 

$

(9,282

)

Weighted average number of common share equivalents:

 

 

 

 

 

 

 

 

Common shares used in basic loss per share

 

 

13,571,510

 

 

 

13,454,254

 

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

 

 

13,571,510

 

 

 

13,454,254

 

Loss per share:

 

 

 

 

 

 

 

 

Basic

 

$

(0.08

)

 

$

(0.69

)

Diluted

 

$

(0.08

)

 

$

(0.69

)

 

For the calculation of diluted loss per share for the three months ended December 31, 2020, 38,800 stock options and 315,375 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 three months ended December 31, 2019, 165,600 stock options and 253,320 non-vested RSUs, respectively, were excluded in the calculation of weighted average shares outstanding since their impact on diluted loss per share was antidilutive.