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Earnings Per Share Data
 3 Months Ended
Dec. 31, 2011
Earnings Per Share Data [Abstract]  
Earnings Per Share Data

Note 5—Earnings per Share Data

The following table sets forth the computation of basic and diluted earnings per share for the quarters ended December 31, 2011 and 2010:

 

                 
     December 31, 2011      December 31, 2010  

Net income

    $ 875,000       $ 1,105,000   
    

 

 

     

 

 

  

Common Shares:

                  

Weighted average common shares outstanding

      9,518,000         9,518,000   

Effect of dilutive stock options

      —           —     
    

 

 

     

 

 

  

Diluted shares outstanding

      9,518,000         9,518,000   
    

 

 

     

 

 

  

Basic:

                  

Net income per share

    $ 0.09       $ 0.12   
    

 

 

     

 

 

  

Diluted:

                  

Net income per share

    $ 0.09       $ 0.12