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Net Income Per Share (Tables)
6 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Net Income Per Share

The following table presents shares used in the calculation of basic and diluted net income per share:

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

March 31,

 

 

March 31,

 

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

Weighted average common shares outstanding used in

   calculating basic income per share

 

 

22,836,571

 

 

 

21,520,215

 

 

 

22,807,756

 

 

 

21,486,995

 

Effect of dilutive options and non-vested restricted stock

   awards

 

 

581,117

 

 

 

440,070

 

 

 

601,117

 

 

 

438,110

 

Weighted average common and common equivalent shares

   used in calculating diluted income per share

 

 

23,417,688

 

 

 

21,960,285

 

 

 

23,408,873

 

 

 

21,925,105