XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.21.1

Net Income Per Common Share (Tables) | 6 Months Ended
--- | ---
Mar. 31, 2021
Earnings Per Share [Abstract] |
Schedule of Earnings per Share | Information regarding the calculation of basic and diluted net income per common share for the three and six months ended March 31, 2021 and 2020 is as follows (dollars in thousands, except per share amounts):
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2021 |  | 2020 |  | 2021 |  | 2020
Basic net income per common share computation |  |  |  |  |  |  |
Numerator – net income | $ | 7,251 |  |  | $ | 5,049 |  |  | $ | 14,541 |  |  | $ | 11,701 |
Denominator – weighted average common shares outstanding | 8,331,121 |  |  | 8,344,201 |  |  | 8,322,210 |  |  | 8,342,828 |
Basic net income per common share | $ | 0.87 |  |  | $ | 0.61 |  |  | $ | 1.75 |  |  | $ | 1.40 |
Diluted net income per common share computation |  |  |  |  |  |  |
Numerator – net income | $ | 7,251 |  |  | $ | 5,049 |  |  | $ | 14,541 |  |  | $ | 11,701 |
Denominator – weighted average common shares outstanding | 8,331,121 |  |  | 8,344,201 |  |  | 8,322,210 |  |  | 8,342,828 |
Effect of dilutive stock options (1) | 113,677 |  |  | 112,458 |  |  | 106,385 |  |  | 123,066 |
Weighted average common shares outstanding - assuming dilution | 8,444,798 |  |  | 8,456,659 |  |  | 8,428,595 |  |  | 8,465,894 |
Diluted net income per common share | $ | 0.86 |  |  | $ | 0.60 |  |  | $ | 1.73 |  |  | $ | 1.38 |
____________________________________________ (1) For the three and six months ended March 31, 2021, average options to purchase 135,590 and 136,631 shares of common stock, respectively, were outstanding but not included in the computation of diluted net income per share, because their effect would have been anti-dilutive. For the three and six months ended March 31, 2020, average options to purchase 138,362 and 121,497 shares of common stock, respectively, were outstanding but not included in the computation of diluted net income per shares, because their effect would have been anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration