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Earnings (Loss) Per Share
12 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

7. EARNINGS (LOSS) PER SHARE

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

 

 

 

Year Ended September 30,

 

 

 

2019

 

 

2018

 

 

2017

 

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

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(40,744,938

)

 

$

14,635,669

 

 

$

3,531,933

 

Denominator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares (including for 2019, 2018

   and 2017, unissued, vested directors' shares of

   168,586, 205,736 and 253,603, respectively)

 

 

16,743,746

 

 

 

16,952,664

 

 

 

16,900,185