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EARNINGS PER SHARE (EPS)
9 Months Ended
Jun. 30, 2020
EARNINGS PER SHARE (EPS)  
EARNINGS PER SHARE (EPS)

4.    EARNINGS PER SHARE (EPS)

Basic EPS is calculated using the weighted average number of common shares outstanding during the period. Diluted EPS is calculated using the weighted average number of common shares outstanding during the period plus shares issuable upon the assumed exercise of dilutive common share options and vesting of performance-accelerated restricted shares (restricted shares) by using the treasury stock method. The number of shares used in the calculation of earnings per share for each period presented is as follows (in thousands):

    

Three Months Ended

Nine Months Ended

    

June 30, 

June 30, 

2020

    

2019

    

2020

    

2019

Weighted Average Shares Outstanding - Basic

 

26,031

 

25,971

 

26,002

 

25,935

 

Dilutive Options and Restricted Shares

103

138

128

155

Adjusted Shares - Diluted

 

26,134

 

26,109

 

26,130

 

26,090