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Earnings Per Share (Tables)
9 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Reconciliation of Components of Basic and Diluted EPS Calculations

A reconciliation of the components of the basic and diluted EPS calculations follows (in thousands, except per share amounts):

 

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,222

 

 

$

369

 

 

$

13,184

 

 

$

842

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used to compute basic EPS

 

 

13,889

 

 

 

14,176

 

 

 

14,042

 

 

 

14,163

 

Common stock equivalents (1)

 

 

137

 

 

 

197

 

 

 

178

 

 

 

129

 

Weighted-average shares used to compute diluted EPS

 

 

14,026

 

 

 

14,373

 

 

 

14,220

 

 

 

14,292

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income per basic share

 

$

0.74

 

 

$

0.03

 

 

$

0.94

 

 

$

0.06

 

Net income per diluted share

 

$

0.73

 

 

$

0.03

 

 

$

0.93

 

 

$

0.06

 

 

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