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Net Income Per Share (Tables)
6 Months Ended
Mar. 31, 2013
Net Income Per Share  
Schedule of reconciliation of the numerator and denominator in the basic and diluted net income per share

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31,

 

March 31,

 

March 31,

 

March 31,

 

 

 

2013

 

2012

 

2013

 

2012

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

1,199,250

 

$

602,514

 

$

2,211,395

 

$

527,167

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic net income per share- weighted average shares outstanding

 

12,146,969

 

12,003,167

 

12,092,003

 

12,049,900

 

Effect of share-based awards

 

457,130

 

232,534

 

390,555

 

208,502

 

Denominator for diluted net income per share- weighted average shares outstanding

 

12,604,099

 

12,235,701

 

12,482,558

 

12,258,402

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

0.10

 

$

0.05

 

$

0.18

 

$

0.04

 

Diluted net income per share

 

$

0.10

 

$

0.05

 

$

0.18

 

$

0.04