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Per Share Information
3 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
5. PER SHARE INFORMATION

The following tables reconcile the components of basic and diluted earnings per share for the three months ended December 31, 2019, and 2018:
 
 
Three Months Ended December 31,
 
 
2019
 
2018
Numerator:
 
 
 
 
 
 
Net income attributable to common stockholders of IES Holdings, Inc.
 
$
8,337

 
$
6,884

Increase (decrease) in noncontrolling interest
 
 
45

 
 

Net income attributable to restricted stockholders of IES Holdings, Inc.
 
 
120

 
 

Net income attributable to IES Holdings, Inc.
 
$
8,502

 
$
6,884

 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average common shares outstanding — basic
 
 
20,883,477

 
 
21,233,132

Effect of dilutive stock options and non-vested restricted stock
 
 
264,835

 
 
27,933

Weighted average common and common equivalent shares outstanding — diluted
 
 
21,148,312

 
 
21,261,065

 
 
 
 
 
 
 
Earnings per share attributable to IES Holdings, Inc.:
 
 
 
 
 
 
Basic
 
$
0.40

 
$
0.32

Diluted
 
$
0.39

 
$
0.32



For the three months ended December 31, 2019, and 2018, the average price of our common shares exceeded the exercise price of all of our outstanding options; therefore, all of our outstanding stock options were included in the computation of fully diluted earnings per share.