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Earnings Per Share (Tables)
9 Months Ended
Jun. 30, 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 June 30,

 

 

Nine months ended June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

4,894

 

 

$

7,049

 

 

$

10,002

 

 

$

3,127

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

11,397

 

 

 

11,802

 

 

 

11,387

 

 

 

11,953

 

Dilutive effect of restricted stock units

 

76

 

 

 

43

 

 

 

48

 

 

 

38

 

Weighted average diluted shares with assumed conversions

 

11,473

 

 

 

11,845

 

 

 

11,435

 

 

 

11,991

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.43

 

 

$

0.60

 

 

$

0.88

 

 

$

0.26

 

Diluted

$

0.43

 

 

$

0.60

 

 

$

0.87

 

 

$

0.26