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Earnings per Share
3 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings per Share

(5) Earnings per share. The following details the computations of the basic and diluted earnings per common share (dollars in thousands, except per share amounts):

 

Three Months ended  
  December 31,  
  2013   2012  
Weighted average common shares        
 outstanding during the period        
 - shares used for basic        
 earnings per common share   9,568       9,452    
                 
Common shares issuable under                
 share based payment plans                
 which are potentially dilutive   106       97    
                 
Common shares used for diluted                
 earnings per common share   9,674       9,549    
                 
Net income $ 2,341       3,123    
                 
Earnings per common share                
 Basic $ 0.24       0.33    
 Diluted $ 0.24       0.33    

 

For the three months ended December 31, 2013, 31,790 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three months ended December 31, 2012, 173,240 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per common share because their inclusion would have been anti-dilutive.