Net Income Per Share

12 Months Ended

Sep. 30, 2015

15. NET INCOME PER SHARE:

The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income per share for the fiscal years ended September 30,

	2013		2014		2015
Weighted average common shares outstanding used in calculating basic income per share		23,253,992		23,916,238		24,466,243
Effect of dilutive options and non-vested restricted stock awards		749,736		739,024		636,046
Weighted average common and common equivalent shares used in calculating diluted income per share		24,003,728		24,655,262		25,102,289

During the fiscal years ended September 30, 2013, 2014, and 2015 there were 1,728,042, 1,144,600, and 1,553,207 weighted average shares of options outstanding, respectively, that were not included in the computation of diluted income per share because the options’ exercise prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive.