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EARNINGS PER SHARE (EPS)
6 Months Ended
Mar. 31, 2017
Earnings Per Share (EPS) [Abstract]  
EARNINGS PER SHARE (EPS)
3.
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
 
Six Months
 
 
 
Ended March 31,
 
Ended March 31,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
Weighted Average Shares Outstanding - Basic
 
 
25,723
 
 
25,786
 
 
25,721
 
 
25,801
 
Dilutive Options and Restricted Shares
 
 
188
 
 
145
 
 
224
 
 
185
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Adjusted Shares - Diluted
 
 
25,911
 
 
25,931
 
 
25,945
 
 
25,986