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Earnings (Loss) Per Share
12 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

6. EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of earnings (loss) per share.

 

 

 

Year ended September 30,

 

 

 

2017

 

 

2016

 

 

2015

 

Numerator for basic and diluted earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

3,531,933

 

 

$

(10,286,884

)

 

$

9,321,341

 

Denominator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares (including for 2017, 2016

   and 2015, unissued, vested directors' shares of

   253,603, 263,057 and 246,442, respectively)

 

 

16,900,185

 

 

 

16,840,856

 

 

 

16,768,904