XML 124 R23.htm IDEA: XBRL DOCUMENT v3.22.0.1
Net Income Per Share
3 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Income Per Share

16.

NET INCOME PER SHARE:

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

 

 

Three Months Ended

 

 

December 31,

 

 

2020

 

 

2021

 

Weighted average common shares outstanding used in

   calculating basic net income per share

 

22,025,898

 

 

 

21,899,264

 

Effect of dilutive options and non-vested restricted stock

   awards

 

719,227

 

 

 

764,430

 

Weighted average common and common equivalent shares

   used in calculating diluted net income per share

 

22,745,125

 

 

 

22,663,694

 

 

For the three months ended December 31, 2020 and 2021, there were 30,807 and 328,185 weighted average shares of options and non-vested restricted stock outstanding, respectively, that were not included in the computation of diluted net income per share because the options’ exercise prices or non-vested restricted stock prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive.