XML 35 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings per Share Data (Tables)
6 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the quarters and six months ended March 31, 2015 and 2014:

 

     Quarter Ended March 31,      Six Months Ended March 31,  
     2015      2014      2015      2014  

Net Income

   $ 1,184,000       $ 1,901,000       $ 89,000       $ 2,347,000   
  

 

 

    

 

 

    

 

 

    

 

 

 

Common Shares:

Weighted average common shares outstanding

  9,519,000      9,518,000      9,519,000      9,518,000   

Effect of dilutive stock options

  65,000      73,000      69,000      58,000   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted shares outstanding

  9,584,000      9,591,000      9,588,000      9,576,000   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic:

Net earnings per share

$ 0.12    $ 0.20    $ 0.01    $ 0.25   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted:

Net earnings per share

$ 0.12    $ 0.20    $ 0.01    $ 0.25