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Earnings Per Share (Tables)
6 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share Reconciliation
A reconciliation of basic and diluted earnings per share is presented below:
 
 
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
 
2018
 
2017
 
2018
 
2017
 
Net Income
$
3,465,929

 
$
3,225,199

 
$
5,525,391

 
$
5,457,417

 
Weighted average common shares
7,371,694

 
7,215,329

 
7,309,215

 
7,204,847

 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
Options to purchase common stock
41,657

 
29,516

 
45,018

 
22,647

 
Diluted average common shares
7,413,351

 
7,244,845

 
7,354,233

 
7,227,494

 
Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
 
Basic
$
0.47

 
$
0.45

 
$
0.76

 
$
0.76

 
Diluted
$
0.47

 
$
0.45

 
$
0.75

 
$
0.76