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Earnings (Loss) Per Share
 3 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
 
Basic earnings (loss) per share is calculated by dividing income available to common shareholders by the weighted average number of common shares outstanding and restricted stock grants that vested or are likely to vest during the period. Diluted earnings per share is calculated by dividing income (loss) available to common shareholders by the weighted average number of basic common shares outstanding, adjusted to reflect potentially dilutive securities. Diluted earnings per share is calculated using the treasury stock method.
 
 
 
(in thousands)
 
 
 
Three Months Ended
 
 
 
December 31,
 
 
 
2015
 
2014
Numerator:
 
 
 
 
 
Net income (loss)
 
 
$
(116
)
 
$
134

Denominator:
 
 
 
 
 
Denominator for basic net income per share - weighted-average outstanding shares
 
 
9,568

 
9,601

Effect of dilutive securities:
 
 
 
 
 
Stock options and restricted stock
 
 
514

 
447

Denominator for diluted net income per share - weighted-average outstanding shares
 
 
10,082

 
10,048

 
 
 
 
 
 
Net income (loss) per share - basic
 
$
(0.01
)
 
$
0.01

Net income (loss) per share - diluted
 
$
(0.01
)
 
$
0.01