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EARNINGS PER SHARE
 3 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
We compute basic earnings per share by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted earnings per common and potential common share includes the weighted average of additional shares associated with the incremental effect of dilutive restricted stock and restricted stock units, as prescribed by the FASB guidance on 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 December 31,
 
2016
 
2015
Numerator:
 
 
 
Net loss
$
(300
)
 
$
(459
)
Denominator:
 
 
 
Weighted average basic shares
11,438

 
11,395

Dilutive effect of restricted stock units
—

 
—

Weighted average diluted shares with assumed conversions
11,438

 
11,395

Net loss per share:
 
 
 
Basic
$
(0.03
)
 
$
(0.04
)
Diluted
$
(0.03
)
 
$
(0.04
)


For the quarters ended December 31, 2016 and 2015, we incurred net losses and therefore all potential common shares were deemed to be anti-dilutive.