Net Income Per Share

6 Months Ended

Mar. 31, 2015

Net Income Per Share [Abstract]

NET INCOME PER SHARE

NOTE 2 – NET INCOME PER SHARE

Basic Net Income per Share is calculated by dividing Net Income Attributable to Common Shareholders by the weighted-average number of common shares outstanding during the period. Diluted Net Income per Common Share is calculated by dividing Net Income Attributable to Common Shareholders by the weighted-average number of common shares outstanding plus the weighted-average number of net shares that would be issued upon exercise of stock options pursuant to the treasury stock method.

In addition, common stock equivalents of 154,001 and 106,437 shares are included in the diluted weighted average shares outstanding for the three months ended March 31, 2015 and 2014, respectively, and common stock equivalents of 143,274 and 97,889 shares are included in the diluted weighted average shares outstanding for the six months ended March 31, 2015 and 2014, respectively. For the diluted weighted average shares outstanding for the three months March 31, 2015 and 2014, -0- and 65,000 options to purchase shares of common stock, respectively, were antidilutive and for the six months ended March 31, 2015 and 2014, -0- and 130,000 options to purchase shares of common stock, respectively, were antidilutive.