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Earnings Per Share (Tables)
12 Months Ended
Sep. 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 for the years ended September 30, 2016, 2015 and 2014 (in thousands, except per share data): 

 

 

Year Ended September 30,

 

 

2016

 

 

2015

 

 

2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

$

15,510

 

 

$

9,439

 

 

$

19,620

 

Income from discontinued operations

 

 

 

 

 

 

 

9,604

 

Net income

$

15,510

 

 

$

9,439

 

 

$

29,224

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

11,400

 

 

 

11,869

 

 

 

12,003

 

Dilutive effect of restricted stock units

 

31

 

 

 

39

 

 

 

55

 

Weighted average diluted shares with assumed conversions

 

11,431

 

 

 

11,908

 

 

 

12,058

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

1.36

 

 

$

0.80

 

 

$

1.63

 

Discontinued operations

 

 

 

 

 

 

 

0.80

 

Basic earnings per share

$

1.36

 

 

$

0.80

 

 

$

2.43

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

$

1.36

 

 

$

0.79

 

 

$

1.62

 

Discontinued operations

 

 

 

 

 

 

 

0.80

 

Diluted earnings per share

$

1.36

 

 

$

0.79

 

 

$

2.42