v3.7.0.1
Earnings Per Share (Tables)
 9 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share Reconciliation
A reconciliation of basic and diluted earnings per share is presented below:
 
 
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
 
2017
 
2016
 
2017
 
2016
 
Net Income
$
615,562

 
$
627,068

 
$
6,072,979

 
$
5,661,305

 
Weighted average common shares
7,227,171

 
7,160,650

 
7,212,289

 
7,140,914

 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
Options to purchase common stock
46,669

 
12,062

 
32,275

 
7,951

 
Diluted average common shares
7,273,840

 
7,172,712

 
7,244,564

 
7,148,865

 
Earnings Per Share of Common Stock:
 
 
 
 
 
 
 
 
Basic
$
0.09

 
$
0.09

 
$
0.84

 
$
0.79

 
Diluted
$
0.08

 
$
0.09

 
$
0.84

 
$
0.79