EARNINGS PER SHARE

3 Months Ended

Dec. 31, 2012

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

14. EARNINGS PER SHARE

The standards of accounting for earnings per share require companies to provide a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations.  Basic and diluted earnings per share were calculated as follows:

	Three Months Ended
	December 31,
	2012		2011
Numerator:
Earnings available to common shares	$	9,703	$	10,415
Denominator:
Weighted average common shares		22,844,896		22,508,245
(Denominator for basic calculation)
Weighted average effect of dilutive securities:
Share-based compensation		812,734		417,768
Diluted weighted average common shares		23,657,630		22,926,013
(Denominator for diluted calculation)
Earnings per share:
Basic	$	0.42	$	0.46
Diluted	$	0.41	$	0.45

For the three months ended December 31, 2012 and 2011, approximately 1.7 million and 1.8 million shares, respectively, attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because the exercise price of the options was greater than the average market price of our common stock and, therefore, their inclusion would have been anti-dilutive.