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Per Share Information
3 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
5. PER SHARE INFORMATION

The following table reconciles the components of basic and diluted earnings per share for the three months ended December 31, 2024 and 2023:
Three Months Ended December 31,
20242023
Numerator:
Net income attributable to IES Holdings, Inc.$56,303 $40,956 
Increase in noncontrolling interest(1,144)(2,782)
Net income attributable to common stockholders of IES Holdings, Inc.$55,159 $38,174 
Denominator:
Weighted average common shares outstanding — basic19,989,951 20,199,587 
Effect of dilutive stock options and non-vested securities255,891 235,561 
Weighted average common and common equivalent shares outstanding — diluted
20,245,842 20,435,148 
Earnings per share attributable to common stockholders of IES Holdings, Inc.:
Basic$2.76 $1.89 
Diluted$2.72 $1.87 
Potentially dilutive securities excluded from the computation of diluted earnings per share as the effect of their inclusion would have been anti-dilutive:
Employee phantom stock units53,050 64,500 
For the three months ended December 31, 2023, the average price of our common shares exceeded the exercise price of all of our outstanding stock options. As a result, all of our outstanding stock options were included in the computation of diluted earnings per share.