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Earnings Per Share & Diluted Earnings Per Share (Tables)
12 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of Denominators of Basic and Diluted EPS Calculations

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

 

 

 

Years Ended September 30,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income from continuing operations

 

$

3,135

 

 

$

6,631

 

 

$

2,194

 

Net (loss) income from discontinued operations

 

$

(8,297

)

 

$

(1,326

)

 

$

5,892

 

Net loss from non-controlling interest -

   discontinued operations

 

$

 

 

$

 

 

$

1,045

 

Net (loss) income

 

$

(5,162

)

 

$

5,305

 

 

$

9,131

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used to compute basic

   EPS

 

 

14,240

 

 

 

14,833

 

 

 

13,378

 

Common stock equivalents (1)

 

 

35

 

 

 

232

 

 

 

123

 

Weighted-average shares used to compute diluted

   EPS

 

 

14,275

 

 

 

15,065

 

 

 

13,501

 

Basic income per share from continuing operations

 

$

0.22

 

 

$

0.45

 

 

$

0.16

 

Basic (loss) income per share from discontinued

   operations

 

$

(0.58

)

 

$

(0.09

)

 

$

0.52

 

Net (loss) income per basic share

 

$

(0.36

)

 

$

0.36

 

 

$

0.68

 

Diluted income per share from continuing operations

 

$

0.22

 

 

$

0.44

 

 

$

0.16

 

Diluted (loss) income per share from discontinued

   operations

 

$

(0.58

)

 

$

(0.09

)

 

$

0.52

 

Net (loss) income per diluted share

 

$

(0.36

)

 

$

0.35

 

 

$

0.68

 

 

(1)

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