Income (Loss) Per Common Share

9 Months Ended

Jun. 30, 2015

Income (Loss) Per Common Share [Abstract]

Income (Loss) Per Common Share

(4)Income (Loss) per Common Share

Basic net income(loss) per share was computed by dividing net income(loss) available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period.  Diluted net income(loss) per share was computed by dividing net income(loss) 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 (loss) per share:

	Three Months Ended June 30,				Nine Months Ended June 30,
(Dollars in Thousands, Except per Share)	2015		2014 (As Restated)		2015		2014 (As Restated)
Basic Net Income (Loss) per Share:
Net income (loss) attributed to Landauer, Inc.	$	4,055	$	(36,335)	$	11,979	$	(28,000)
Less:  Income allocated to unvested restricted stock		20		-		67		-
Net income (loss) available to common stockholders	$	4,035	$	(36,335)	$	11,912	$	(28,000)
Basic weighted average shares outstanding		9,509		9,482		9,476		9,466
Net income (loss) per share - Basic	$	0.42	$	(3.83)	$	1.26	$	(2.96)
Diluted Net Income (Loss) per Share:
Net income (loss) attributed to Landauer, Inc.	$	4,055	$	(36,335)	$	11,979	$	(28,000)
Less:  Income allocated to unvested restricted stock		20		-		67		-
Net income (loss) available to common stockholders	$	4,035	$	(36,335)	$	11,912	$	(28,000)
Basic weighted average shares outstanding		9,509		9,482		9,476		9,466
Effect of dilutive securities		25		-		27		-
Diluted weighted averages shares outstanding		9,534		9,482		9,503		9,466
Net income (loss) per share - Diluted	$	0.42	$	(3.83)	$	1.25	$	(2.96)
Dividends paid per share	$	0.275	$	0.55	$	1.10	$	1.65

In periods where losses are recorded, inclusion of potentially dilutive securities in the calculation would decrease the loss per common share and, therefore, these securities are not added to the weighted average number of shares outstanding.  The computations of diluted net loss per common share for the three and nine months ended June 30, 2014 did not include the following outstanding shares of restricted stock as well as the effects of options to acquire common stock as the inclusion of these securities would have been antidilutive:

	Three Months Ended June 30,		Nine Months Ended June 30,
	2015	2014	2015	2014
Effect of antidilutive securities	-	37	-	39