XML 27 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings per Share Data (Tables)
6 Months Ended
Mar. 31, 2018
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, 2018 and 2017:

 

     Quarter Ended March 31,      Six Months Ended March 31,  
     2018      2017      2018      2017  

Net Income

   $ 3,764,000      $ 3,415,000      $ 6,110,000      $ 4,809,000  
  

 

 

    

 

 

    

 

 

    

 

 

 

Common Shares:

           

Weighted average common shares outstanding

     14,482,000        14,390,000        14,470,000        14,384,000  

Effect of dilutive stock options

     246,000        207,000        255,000        210,000  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted shares outstanding

     14,728,000        14,597,000        14,725,000        14,594,000  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic:

           

Net earnings per share

   $ 0.26      $ 0.24      $ 0.42      $ 0.33  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted:

           

Net earnings per share

   $ 0.26      $ 0.23      $ 0.41      $ 0.33