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Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Summary of the basic and diluted income per share
The following summarizes the basic and diluted loss per share:
 
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(Unaudited)
(dollars in thousands, except per share amounts)
Weighted average shares calculation:
 

 
 

 
 
 
 
Basic weighted average common shares outstanding
31,485,599

 
30,726,554

 
31,369,077

 
30,603,641

Treasury stock effect of options and restricted stock
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
Diluted weighted average common shares outstanding
31,485,599

 
30,726,554

 
31,369,077

 
30,603,641

 
 
 
 
 
 
 
 
Net loss
$
(8,614
)
 
$
(124
)
 
$
(25,220
)
 
$
(6,171
)
Basic and diluted loss per common share
$
(0.27
)
 
$
0.00

 
$
(0.80
)
 
$
(0.20
)