XML 35 R24.htm IDEA: XBRL DOCUMENT v3.19.1
Earnings Per Share (Tables)
6 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share amounts):

 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
1,012

 
$
1,061

 
$
1,260

 
$
2,762

Net (loss) income from discontinued operations
$
(6,647
)
 
$
1,774

 
$
(9,267
)
 
$
6,525

Net (loss) income
$
(5,635
)
 
$
2,835

 
$
(8,007
)
 
$
9,287

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares used to compute basic EPS
14,228

 
14,891

 
14,224

 
14,835

Common stock equivalents (1)
30

 
263

 
31

 
388

Weighted-average shares used to compute diluted EPS
14,258

 
15,154

 
14,255

 
15,223

 
 
 
 
 
 
 
 
Basic income per share from continuing operations
$
0.07

 
$
0.07

 
$
0.09

 
$
0.19

Basic (loss) income per share from discontinued operations
$
(0.47
)
 
$
0.12

 
$
(0.65
)
 
$
0.44

Net (loss) income per basic share
$
(0.40
)
 
$
0.19

 
$
(0.56
)
 
$
0.63

 
 
 
 
 
 
 
 
Diluted income per share from continuing operations
$
0.07

 
$
0.07

 
$
0.09

 
$
0.18

Diluted (loss) income per share from discontinued operations
$
(0.47
)
 
$
0.12

 
$
(0.65
)
 
$
0.43

Net (loss) income per diluted share
$
(0.40
)
 
$
0.19

 
$
(0.56
)
 
$
0.61


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