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Earnings Per Share (Tables)
6 Months Ended
Mar. 31, 2016
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 (in thousands, except per share data):

 

Three months ended March 31,

 

 

Six months ended March 31,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

5,567

 

 

$

(3,683

)

 

$

5,108

 

 

$

(3,922

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

11,369

 

 

 

12,018

 

 

 

11,382

 

 

 

12,029

 

Dilutive effect of restricted stock units

 

53

 

 

 

 

 

 

33

 

 

 

-

 

Weighted average diluted shares with assumed conversions

 

11,422

 

 

 

12,018

 

 

 

11,415

 

 

 

12,029

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.49

 

 

$

(0.31

)

 

$

0.45

 

 

$

(0.33

)

Diluted

$

0.49

 

 

$

(0.31

)

 

$

0.45

 

 

$

(0.33

)