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Earnings (Loss) Per Share
 12 Months Ended
Sep. 30, 2018
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,

 

 

 

2018

 

 

2017

 

 

2016

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

14,635,669

 

 

$

3,531,933

 

 

$

(10,286,884

)

Denominator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares (including for 2018, 2017

   and 2016, unissued, vested directors' shares of

   205,736, 253,603 and 263,057, respectively)

 

 

16,952,664

 

 

 

16,900,185

 

 

 

16,840,856