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Earnings Per Share
 12 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

7.Earnings per Share.

 

The following details the computations of the basic and diluted earnings per common share (dollars in thousands, except per share amounts):

 

    Years Ended September 30
    2015   2014   2013
Common shares:            
             
Weighted average common shares                        
 outstanding during the period -                        
 shares used for basic earnings                        
 per common share     9,756       9,629       9,523  
                         
Common shares issuable under share                        
 based payment plans which are                        
 potentially dilutive     71       81       82  
                         
Common shares used for diluted                        
 earnings per common share     9,827       9,710       9,605  
                         
Income from continuing operations    $  6,093       5,184       8,614  
Discontinued operations     2,179       4,835       6,771  
Net income   $ 8,272       10,019       15,385  
                         
Basic earnings per common share:                        
  Income from continuing operations   $ .62       .54       .90  
  Discontinued operations     .23       .50       .72  
  Net income   $ .85       1.04       1.62  
                         
Diluted earnings per common share                        
  Income from continuing operations   $ .62       .53       .90  
  Discontinued operations     .22       .50       .70  
  Net income   $ .84       1.03       1.60  

 

For 2015, 2014 and 2013, 56,110, 31,790 and 87,550 shares, respectively, attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.