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Earnings Per Share - Schedule of Earnings Per Share Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Earnings per share attributable to RCIHH common shareholders        
Net income attributable to RCIHH common shareholders - basic $ 3,841 $ 2,653 $ 10,498 $ 10,710
Adjustment to net income from assumed conversion of debentures [1] 33 5 100
Adjusted net income attributable to RCIHH common shareholders - diluted $ 3,841 $ 2,686 $ 10,503 $ 10,810
Weighted average number of common shares outstanding - basic [2],[3] 9,719,000 9,906,000 9,735,000 10,071,000
Effect of potentially dilutive restricted stock, warrants and options [2],[3] 1
Effect of potentially dilutive convertible debentures [1],[2],[3] 140 16 140
Adjusted weighted average number of common shares outstanding - diluted [2],[3] 9,719,000 10,047,000 9,751,000 10,211,000
Basic earnings per share $ 0.40 $ 0.27 $ 1.08 $ 1.06
Diluted earnings per share $ 0.40 $ 0.27 $ 1.08 $ 1.06
[1] Convertible debentures (principal and accrued interest) outstanding at the beginning of the three months ended June 30, 2017 and 2016 totaling $0 and $1.6 million, respectively, and at the beginning of the nine months ended June 30, 2017 and 2016 totaling $859,000 and $3.8 million, respectively, were convertible into common stock at a price of $10.25 and $12.50 per share in fiscal 2017, and $10.00, $10.25 and $12.50 per share in fiscal 2016. The last of the Company's convertible notes had been fully paid in March 2017.
[2] All outstanding restricted stock, warrants and options were considered for the EPS computation. Potentially dilutive options and warrants of 121,180 for the three and nine months ended June 30, 2016 have been excluded from earnings per share due to their being anti-dilutive. No restricted stock or options were outstanding during the three and nine months ended June 30, 2017.
[3] As of June 30, 2017, the Company has no outstanding restricted stock, stock options, warrants or convertible debt.