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EARNINGS PER SHARE (EPS)
9 Months Ended
Jun. 30, 2017
Earnings Per Share [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
 
Nine Months
 
 
 
Ended June 30,
 
Ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
Weighted Average Shares Outstanding - Basic
 
 
25,815
 
 
25,725
 
 
25,756
 
 
25,777
 
Dilutive Options and Restricted Shares
 
 
210
 
 
185
 
 
219
 
 
185
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Adjusted Shares - Diluted
 
 
26,025
 
 
25,910
 
 
25,975
 
 
25,962