XML 47 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income (Loss) Per Share
3 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
13. NET INCOME (LOSS) PER SHARE:

The following is a reconciliation of the shares used in the denominator for calculating basic and diluted net income (loss) per share:

 

     Three Months Ended
December 31,
 
     2013      2014  

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

     23,715,945         24,278,586   

Effect of dilutive options and non-vested restricted stock awards

     —           669,382   
  

 

 

    

 

 

 

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

     23,715,945         24,947,968   
  

 

 

    

 

 

 

For the three months ended December 31, 2014, there were 806,086 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. For the three months ended December 31, 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.