Income Per Common Share

6 Months Ended

Mar. 31, 2015

Income Per Common Share [Abstract]

Income Per Common Share

(4)Income per Common Share

Basic net income per share was computed by dividing net income available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period.  Diluted net income per share was computed by dividing net income available to common stockholders for the period by the weighted average number of shares of common stock that would have been outstanding assuming dilution from stock-based compensation awards during the period.

The following table sets forth the computation of net income per share:

	Three Months Ended March 31,				Six Months Ended March 31,
(Dollars in Thousands, Except per Share)	2015		2014 (As Restated)		2015		2014 (As Restated)
Basic Net Income per Share:
Net income attributed to Landauer, Inc.	$	3,547	$	4,514	$	7,924	$	8,335
Less:  Income allocated to unvested restricted stock		18		46		47		91
Net income available to common stockholders	$	3,529	$	4,468	$	7,877	$	8,244
Basic weighted average shares outstanding		9,493		9,460		9,464		9,441
Net income per share - Basic	$	0.37	$	0.47	$	0.83	$	0.87
Diluted Net Income per Share:
Net income attributed to Landauer, Inc.	$	3,547	$	4,514	$	7,924	$	8,335
Less:   Income allocated to unvested restricted stock		18		46		47		91
Net income available to common stockholders	$	3,529	$	4,468	$	7,877	$	8,244
Basic weighted average shares outstanding		9,493		9,460		9,464		9,441
Effect of dilutive securities		27		41		28		44
Diluted weighted averages shares outstanding		9,520		9,501		9,492		9,485
Net income per share - Diluted	$	0.37	$	0.47	$	0.83	$	0.87
Dividends paid per share	$	0.275	$	0.55	$	0.825	$	1.10