Earnings Per Share

9 Months Ended

Jun. 30, 2020

The below details the calculation of basic and diluted earnings per share for the periods indicated:


	(In thousands, except per share amounts)
	Three Months Ended						Nine Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Numerator:
Net income	$	2,124	$	803	$	5,752	$	3,758
Denominator:
Denominator for basic net income per share - weighted-average outstanding shares	12,354		12,036		12,246		12,011
Effect of dilutive securities:
Stock options and restricted stock	874		1,041		804		1,037
Denominator for diluted net income per share - weighted-average outstanding shares	13,228		13,077		13,050		13,048

Net income per share - basic	$	0.17	$	0.07	$	0.47	$	0.31
Net income per share - diluted	$	0.16	$	0.06	$	0.44	$	0.29