XML 46 R35.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings per Share (Tables)
9 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Summary of Calculation of Weighted Average Number of Shares Outstanding Used in Computing Basic and Diluted Net Income Loss Per Share
The following table summarizes the computation of basic and diluted earnings per common share under the as-converted or two-class method, as well as the anti-dilutive shares excluded:

Three Months EndedNine Months Ended
June 30,June 30,
 2020201920202019
Basic earnings per common share:
Net (loss) income$(13,268) $(365) $1,558  $(13,345) 
Less: Preferred stock dividend declared(1,309) (1,309) (3,941) (3,927) 
Loss available for distribution(14,577) (1,674) (2,383) (17,272) 
Income allocated to participating securities—  —  —  —  
Net loss available to common shareholders$(14,577) $(1,674) $(2,383) $(17,272) 
Weighted average basic shares outstanding32,607  25,498  28,871  25,410  
Basic loss per common share$(0.45) $(0.07) $(0.08) $(0.68) 
Three Months EndedNine Months Ended
June 30,June 30,
 2020201920202019
Diluted earnings per common share:
Loss available for distribution$(14,577) $(1,674) $(2,383) $(17,272) 
Weighted average basic shares outstanding32,607  25,498  28,871  25,410  
Dilutive effect related to employee stock plans—  —  —  —  
Dilutive effect related to preferred stock—  —  —  —  
Weighted average diluted shares outstanding 32,607  25,498  28,871  25,410  
Diluted loss per common share$(0.45) $(0.07) $(0.08) $(0.68) 
Anti-dilutive shares excluded:
Outstanding stock-based grants281  273  297  387  
Convertible preferred stock21,021  21,021  21,021  21,021  
   Total anti-dilutive shares excluded21,302  21,294  21,318  21,408  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the computation of basic and diluted earnings per common share under the as-converted or two-class method, as well as the anti-dilutive shares excluded:

Three Months EndedNine Months Ended
June 30,June 30,
 2020201920202019
Basic earnings per common share:
Net (loss) income$(13,268) $(365) $1,558  $(13,345) 
Less: Preferred stock dividend declared(1,309) (1,309) (3,941) (3,927) 
Loss available for distribution(14,577) (1,674) (2,383) (17,272) 
Income allocated to participating securities—  —  —  —  
Net loss available to common shareholders$(14,577) $(1,674) $(2,383) $(17,272) 
Weighted average basic shares outstanding32,607  25,498  28,871  25,410  
Basic loss per common share$(0.45) $(0.07) $(0.08) $(0.68) 
Three Months EndedNine Months Ended
June 30,June 30,
 2020201920202019
Diluted earnings per common share:
Loss available for distribution$(14,577) $(1,674) $(2,383) $(17,272) 
Weighted average basic shares outstanding32,607  25,498  28,871  25,410  
Dilutive effect related to employee stock plans—  —  —  —  
Dilutive effect related to preferred stock—  —  —  —  
Weighted average diluted shares outstanding 32,607  25,498  28,871  25,410  
Diluted loss per common share$(0.45) $(0.07) $(0.08) $(0.68) 
Anti-dilutive shares excluded:
Outstanding stock-based grants281  273  297  387  
Convertible preferred stock21,021  21,021  21,021  21,021  
   Total anti-dilutive shares excluded21,302  21,294  21,318  21,408