Per Share Information

9 Months Ended

Jun. 30, 2016

4. PER SHARE INFORMATION

The following table reconciles the components of the basic and diluted earnings (loss) per share for the three and nine months ended June 30, 2016 and 2015:

	Three Months Ended June 30,
	2016		2015
Numerator:
Net income from continuing operations attributable to common shareholders of IES Holdings, Inc.	$	10,747	$	3,927
Net income from continuing operations attributable to restricted shareholders of IES Holdings, Inc.		58		35
Net income from continuing operations attributable to IES Holdings, Inc.		10,805		3,962
Net loss from discontinued operations attributable to common shareholders of IES Holdings, Inc.		-		(5)
Net loss from discontinued operations attributable to IES Holdings, Inc.		-		(5)
Net income attributable to common shareholders		10,747		3,922
Net income attributable to restricted shareholders		58		35
Net income attributable to IES Holdings, Inc.	$	10,805	$	3,957

Denominator:
Weighted average common shares outstanding — basic		21,297,898		21,319,444
Effect of dilutive stock options and non-vested restricted stock		158,736		51,190
Weighted average common and common equivalent shares outstanding — diluted		21,456,634		21,370,634

Earnings per share attributable to IES Holdings, Inc.:
Basic	$	0.50	$	0.19
Diluted	$	0.50	$	0.19

	Nine Months Ended June 30,
	2016		2015
Numerator:
Net income from continuing operations attributable to common shareholders of IES Holdings, Inc.	$	18,641	$	9,258
Net income from continuing operations attributable to restricted shareholders of IES Holdings, Inc.		157		32
Net income from continuing operations attributable to IES Holdings, Inc.		18,798		9,290
Net loss from discontinued operations attributable to common shareholders of IES Holdings, Inc.		-		(231)
Net loss from discontinued operations attributable to IES Holdings, Inc.		-		(231)
Net income attributable to common shareholders		18,641		9,027
Net income attributable to restricted shareholders		157		32
Net income attributable to IES Holdings, Inc.	$	18,798	$	9,059

Denominator:
Weighted average common shares outstanding — basic		21,280,469		21,542,289
Effect of dilutive stock options and non-vested restricted stock		131,874		47,148
Weighted average common and common equivalent shares outstanding — diluted		21,412,343		21,589,437

Basic earnings (loss) per share attributable to IES Holdings, Inc.:
From continuing operations	$	0.88	$	0.43
From discontinued operations		-		(0.01)
Basic earnings per share attributable to IES Holdings, Inc.	$	0.88	$	0.42
Diluted earnings (loss) per share attributable to IES Holdings, Inc.:
From continuing operations	$	0.87	$	0.43
From discontinued operations		-		(0.01)
Diluted earnings per share attributable to IES Holdings, Inc.	$	0.87	$	0.42

For the three and nine months ended June 30, 2016 and 2015, 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.