Per Share Information

3 Months Ended

Dec. 31, 2015

4. PER SHARE INFORMATION

The following table reconciles the components of the basic and diluted earnings (loss) per share for the three months ended December 31, 2015 and 2014:

	Three Months Ended December 31,
	2015		2014
Numerator:
Net earnings from continuing operations attributable to common shareholders	$	5,745	$	3,471
Net earnings from continuing operations attributable to restricted shareholders		54		2
Net earnings from continuing operations		5,799		3,473
Net loss from discontinued operations attributable to common shareholders		-		(181)
Net loss from discontinued operations		-		(181)
Net earnings attributable to common shareholders		5,745		3,290
Net earnings attributable to restricted shareholders		54		2
Net earnings	$	5,799	$	3,292

Denominator:
Weighted average common shares outstanding — basic		21,269,543		21,734,591
Effect of dilutive stock options and non-vested restricted stock		77,951		45,137
Weighted average common and common equivalent shares outstanding — diluted		21,347,494		21,779,728

Basic earnings (loss) per share:
From continuing operations	$	0.27	$	0.16
From discontinued operations		-		(0.01)
Basic earnings per share	$	0.27	$	0.15
Diluted earnings (loss) per share:
From continuing operations	$	0.27	$	0.16
From discontinued operations		-		(0.01)
Diluted earnings per share	$	0.27	$	0.15

For the three months ended December 31, 2015 and 2014, 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.