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Net Income Per Share (Tables)
9 Months Ended
Jun. 30, 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

 

Nine Months Ended

 

 

 

June 30,

 

June 30,

 

June 30,

 

June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

1,129,544

 

$

495,924

 

$

3,340,940

 

$

1,023,091

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

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

 

12,191,778

 

12,008,420

 

12,125,262

 

12,036,124

 

Effect of dilutive stock options

 

595,832

 

364,920

 

450,864

 

303,921

 

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

 

12,787,610

 

12,373,340

 

12,576,126

 

12,340,045

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

0.09

 

$

0.04

 

$

0.28

 

$

0.09

 

Dilute net income per share

 

$

0.09

 

$

0.04

 

$

0.27

 

$

0.08