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Earnings Per Share (Tables)
6 Months Ended
Mar. 31, 2014
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

March 31,

 

 

March 31,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

6,976

 

 

 

6,202

 

 

 

14,243

 

 

 

13,322

 

Income from discontinued operations

 

8,617

 

 

 

616

 

 

 

9,604

 

 

 

881

 

Net income

$

15,593

 

 

$

6,818

 

 

$

23,847

 

 

$

14,203

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

12,004

 

 

 

11,953

 

 

 

11,999

 

 

 

11,946

 

Dilutive effect of restricted stock units

 

60

 

 

 

76

 

 

 

58

 

 

 

75

 

Weighted average diluted shares with assumed conversions

 

12,064

 

 

 

12,029

 

 

 

12,057

 

 

 

12,021

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

0.58

 

 

$

0.52

 

 

$

1.19

 

 

$

1.12

 

Discontinued operations

 

0.72

 

 

 

0.05

 

 

 

0.80

 

 

 

0.07

 

Basic earnings per share

$

1.30

 

 

$

0.57

 

 

$

1.99

 

 

$

1.19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

0.58

 

 

$

0.52

 

 

$

1.18

 

 

$

1.11

 

Discontinued operations

 

0.71

 

 

 

0.05

 

 

 

0.80

 

 

 

0.07

 

Diluted earnings per share

$

1.29

 

 

$

0.57

 

 

$

1.98

 

 

$

1.18