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Earnings Per Share (Tables)
12 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table reconciles basic and diluted weighted average shares used in the computation of earnings per share for the years ended September 30, 2014, 2013 and 2012 (in thousands, except per share data):

 

 

Year Ended September 30,

 

 

2014

 

 

2013

 

 

2012

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

$

19,620

 

 

$

39,739

 

 

$

28,743

 

Income from discontinued operations

 

9,604

 

 

 

2,337

 

 

 

914

 

Net income

$

29,224

 

 

$

42,076

 

 

$

29,657

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

12,003

 

 

 

11,948

 

 

 

11,850

 

Dilutive effect of restricted stock units

 

55

 

 

 

46

 

 

 

75

 

Weighted average diluted shares with assumed conversions

 

12,058

 

 

 

11,994

 

 

 

11,925

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

1.63

 

 

$

3.32

 

 

$

2.43

 

Discontinued operations

 

0.80

 

 

 

0.20

 

 

 

0.07

 

Basic earnings per share

$

2.43

 

 

$

3.52

 

 

$

2.50

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

1.62

 

 

$

3.32

 

 

$

2.41

 

Discontinued operations

 

0.80

 

 

 

0.19

 

 

 

0.08

 

Diluted earnings per share

$

2.42

 

 

$

3.51

 

 

$

2.49