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Earnings per Share
6 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings per Share

(7) 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   Six Months ended
  March 31,   March 31,
  2015  

2014

restated

  2015  

2014

restated

Weighted average common shares              
 outstanding during the period              
 - shares used for basic              
 earnings per common share   9,749       9,619       9,730       9,593  
                               
Common shares issuable under                              
 share based payment plans                              
 which are potentially dilutive   69       88       83       97  
                               
Common shares used for diluted                              
 earnings per common share   9,818       9,707       9,813       9,690  
                               
Income from continuing operations $ 845       917       1,976       2,083  
Discontinued operations    516        787       2,179       1,961  
Net income $ 1,361       1,704       4,155       4,044  
                               
Basic earnings per common share:                              
                               
                               
 Income from continuing operations $ 0.09       0.10       0.20       0.22  
 Discontinued operations   0.05       0.08       0.23       0.20  
 Net income $ 0.14       0.18       0.43       0.42  
                               
Diluted earnings per common share:                              
 Income from continuing operations $ 0.09       0.10       0.20       0.22  
 Discontinued operations   0.05       0.08       0.22       0.20  
 Net income $ 0.14       0.18       0.42       0.42  

 

 

For the three and six months ended March 31, 2015, 56,110 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 and six months ended March 31, 2014, 26,334 and 31,790 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.