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Per Share Information
3 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
5. PER SHARE INFORMATION

The following tables reconcile the components of basic and diluted earnings per share for the three months ended December 31, 2023 and 2022:
Three Months Ended December 31,
20232022
Numerator:
Net income attributable to IES Holdings, Inc.$40,956 $26,402 
Increase in noncontrolling interest(2,782)(3,055)
Net income attributable to restricted stockholders of IES Holdings, Inc.— (11)
Net income attributable to common stockholders of IES Holdings, Inc.$38,174 $23,336 
Denominator:
Weighted average common shares outstanding — basic20,199,587 20,242,114 
Effect of dilutive stock options and non-vested securities235,561 206,921 
Weighted average common and common equivalent shares outstanding — diluted
20,435,148 20,449,035 
Earnings per share attributable to common stockholders of IES Holdings, Inc.:
Basic$1.89 $1.15 
Diluted$1.87 $1.14 
For the three months ended December 31, 2023 and 2022, the average price of our common shares exceeded the exercise price of all of our outstanding stock options; therefore, all of our outstanding stock options were included in the computation of diluted earnings per share. For the three months ended December 31, 2023 and 2022, the computation of diluted earnings per share excluded 64,500 and 60,212 unvested Employee PSUs (as defined below), respectively, as the inclusion of such instruments would have been anti-dilutive.