EARNINGS PER SHARE

12 Months Ended

Sep. 30, 2023

EARNINGS PER SHARE

EARNINGS PER SHARE

3. EARNINGS PER SHARE:

Basic earnings per share available to common shareholders is calculated by dividing net income by the weighted average number of common shares outstanding for each period. Diluted earnings per share available to common shareholders is calculated by dividing income from operations by the sum of the weighted average number of common shares outstanding and the weighted average dilutive equity awards.

	For Fiscal Years
	2023		2022
	Basic		Basic
Weighted average number of common shares outstanding		584,148		567,697
Net income available to common shareholders	$	11,596,393	$	16,672,257
Net earnings per share available to common shareholders	$	19.85	$	29.37

	For Fiscal Years
	2023		2022
	Diluted		Diluted
Weighted average number of common shares outstanding		584,148		567,697
Weighted average of net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)		11,702		15,365
Weighted average number of shares outstanding		595,850		583,062
Net income available to common shareholders	$	11,596,393	$	16,672,257
Net earnings per share available to common shareholders	$	19.46	$	28.59

(1) Diluted earnings per share calculation includes all equity-based awards deemed to be dilutive.