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Earnings per Share Data (Tables)
9 Months Ended
Jun. 30, 2020
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 nine months ended June 30, 2020 and 2019:
 
Quarter Ended June 30,
   
Nine Months Ended
 
June 30,
 
 
2020
   
2019
   
2020
   
2019
 
Net Income
  $
4,322,000
    $
2,444,000
    $
6,156,000
    $
10,217,000
 
                                 
Common Shares:
   
     
     
     
 
Weighted average common shares outstanding
   
14,601,000
     
14,541,000
     
14,592,000
     
14,541,000
 
Effect of dilutive stock options
   
118,000
     
164,000
     
125,000
     
163,000
 
                                 
Diluted shares outstanding
   
14,719,000
     
14,705,000
     
14,717,000
     
14,704,000
 
                                 
Basic:
   
     
     
     
 
Net earnings per share
  $
0.30
    $
0.17
    $
0.42
    $
0.70
 
                                 
Diluted:
   
     
     
     
 
Net earnings per share
  $
0.29
    $
0.17
    $
0.42
    $
0.69