Per Share Information

9 Months Ended

Jun. 30, 2017

4. PER SHARE INFORMATION

The following tables reconcile the components of basic and diluted earnings per share for the three and nine months ended June 30, 2017 and 2016:

	Three Months Ended June 30,
	2017		2016
Numerator:
Net income attributable to common shareholders of IES Holdings, Inc.	$	5,824	$	10,747
Net income attributable to restricted shareholders of IES Holdings, Inc.		44		58
Net income attributable to IES Holdings, Inc.	$	5,868	$	10,805

Denominator:
Weighted average common shares outstanding — basic		21,300,716		21,297,898
Effect of dilutive stock options and non-vested restricted stock		255,402		158,736
Weighted average common and common equivalent shares outstanding — diluted		21,556,118		21,456,634

Earnings per share attributable to IES Holdings, Inc.:
Basic	$	0.27	$	0.50
Diluted	$	0.27	$	0.50

	Nine Months Ended June 30,
	2017		2016
Numerator:
Net income attributable to common shareholders of IES Holdings, Inc.	$	10,195	$	18,641
Net income attributable to restricted shareholders of IES Holdings, Inc.		81		157
Net income attributable to IES Holdings, Inc.	$	10,276	$	18,798

Denominator:
Weighted average common shares outstanding — basic		21,295,254		21,280,469
Effect of dilutive stock options and non-vested restricted stock		255,550		131,874
Weighted average common and common equivalent shares outstanding — diluted		21,550,804		21,412,343

Earnings per share attributable to IES Holdings, Inc.:
Basic	$	0.48	$	0.88
Diluted	$	0.48	$	0.87

For the three and nine months ended June 30, 2017 and 2016, 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.