Per Share Information

3 Months Ended

Dec. 31, 2016

4. PER SHARE INFORMATION

The following table reconciles the components of the basic and diluted earnings per share for the three months ended December 31, 2016 and 2015:

	Three Months Ended December 31,
	2016		2015
Numerator:
Net income attributable to common shareholders of IES Holdings, Inc.	$	3,841	$	5,745
Net income attributable to restricted shareholders of IES Holdings, Inc.		31		54
Net income attributable to IES Holdings, Inc.	$	3,872	$	5,799

Denominator:
Weighted average common shares outstanding — basic		21,286,090		21,269,543
Effect of dilutive stock options and non-vested restricted stock		271,748		77,951
Weighted average common and common equivalent shares outstanding — diluted		21,557,838		21,347,494

Earnings per share attributable to IES Holdings, Inc.:
Basic	$	0.18	$	0.27
Diluted	$	0.18	$	0.27

For the three months ended December 31, 2016 and 2015, the average price of our common shares exceeded the exercise price of all of our outstanding options; therefore, all of our outstanding stock options were included in the computation of fully diluted earnings per share.