Income Per Common Share

3 Months Ended

Dec. 31, 2016

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 December 31,
(Dollars in Thousands, Except per Share)	2016		2015
Basic Net Income per Share:
Net income attributed to Landauer, Inc.	$	4,401	$	3,643
Less:  Income allocated to unvested restricted stock		23		18
Net income available to common stockholders	$	4,378	$	3,625
Basic weighted average shares outstanding		9,540		9,460
Net income per share - Basic	$	0.46	$	0.38
Diluted Net Income per Share:
Net income attributed to Landauer, Inc.	$	4,401	$	3,643
Less:  Income allocated to unvested restricted stock		23		18
Net income available to common stockholders	$	4,378	$	3,625
Basic weighted average shares outstanding		9,540		9,460
Effect of dilutive securities		44		32
Diluted weighted averages shares outstanding		9,584		9,492
Net income per share - Diluted	$	0.46	$	0.38
Dividends paid per share	$	0.275	$	0.275

On November 30, 2016, the Company declared a regular quarterly cash dividend in the amount of $0.275 per share. The dividends were paid on January 3, 2017 to shareholders of record as of December 16, 2016.