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Earnings Per Share (Tables)
3 Months Ended
Dec. 31, 2020
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):

 

 

 

Three Months Ended December 31,

 

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss) from continuing operations

 

$

719

 

 

$

(1,267

)

Net loss from discontinued operations

 

$

 

 

$

(665

)

Net income (loss)

 

$

719

 

 

$

(1,932

)

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares used to compute basic EPS

 

 

14,072

 

 

 

14,290

 

Common stock equivalents (1)

 

 

45

 

 

 

 

Weighted-average shares used to compute diluted EPS

 

 

14,117

 

 

 

14,290

 

 

 

 

 

 

 

 

 

 

Basic income (loss) per share from continuing operations

 

$

0.05

 

 

$

(0.09

)

Basic loss per share from discontinued operations

 

$

 

 

$

(0.05

)

Net income (loss) per basic share

 

$

0.05

 

 

$

(0.14

)

 

 

 

 

 

 

 

 

 

Diluted income (loss) per share from continuing operations

 

$

0.05

 

 

$

(0.09

)

Diluted loss per share from discontinued operations

 

$

 

 

$

(0.05

)

Net income (loss) per diluted share

 

$

0.05

 

 

$

(0.14

)

 

(1)

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