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Earnings Per Share
9 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
Basic earnings per share (EPS) is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted EPS is computed similarly to basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if potentially dilutive common shares had been issued. In the case of a net loss, diluted earnings per share is calculated in the same manner as basic EPS.
 
For the three and nine months ended June 30, 2014, options for 1,016,000 shares and 38,000 restricted stock awards are excluded from the diluted EPS calculations because they are anti-dilutive. For the three and nine months ended June 30, 2013, options for 1,064,000 shares and 38,000 restricted stock awards were excluded from the diluted EPS calculations because they were anti-dilutive.

 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
 
(in thousands, except per share amounts)
 
(in thousands, except per share amounts)
Basic Loss Per Share Computation
 
 
 
 
 
 
 
Net loss attributable to Amtech Systems, Inc.
$
(5,257
)
 
$
(12,101
)
 
$
(9,802
)
 
$
(18,386
)
Weighted Average Shares Outstanding:
 
 
 
 
 
 
 
Common stock
9,843

 
9,539

 
9,694

 
9,524

Basic loss per share attributable to Amtech shareholders
$
(0.53
)
 
$
(1.27
)
 
$
(1.01
)
 
$
(1.93
)
Diluted Loss Per Share Computation
 
 
 
 
 
 
 
Net loss attributable to Amtech Systems, Inc.
$
(5,257
)
 
$
(12,101
)
 
$
(9,802
)
 
$
(18,386
)
Weighted Average Shares Outstanding:
 
 
 
 
 
 
 
Common stock
9,843

 
9,539

 
9,694

 
9,524

Common stock equivalents (1)

 

 

 

Diluted shares
9,843

 
9,539

 
9,694

 
9,524

Diluted loss per share attributable to Amtech shareholders
$
(0.53
)
 
$
(1.27
)
 
$
(1.01
)
 
$
(1.93
)

(1)
The number of common stock equivalents is calculated using the treasury stock method and the average market price during the period.