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Net Loss Per Share
3 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Net Loss Per Share

12. NET LOSS PER SHARE:

Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per share is calculated similarly, except that the calculation includes the dilutive effect of stock options and non-vested restricted stock awards. The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net loss per share:

 

     Three Months Ended
December 31,
 
     2012      2013  

Weighted average common shares outstanding used in calculating basic loss per share

     22,955,715         23,715,945   

Effect of dilutive options and non-vested restricted stock awards

     —           —     
  

 

 

    

 

 

 

Weighted average common and common equivalent shares used in calculating diluted loss per share

     22,955,715         23,715,945   
  

 

 

    

 

 

 

For the three months ended December 31, 2012 and 2013, no options or non-vested restricted stock awards were included in the computation of diluted loss per share because we reported a net loss and the effect of their inclusion would be anti-dilutive.