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Earnings per Share Data (Tables)
3 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the quarters ended December 31, 2016 and 2015:

 

     December 31, 2016      December 31, 2015  

Net income

   $ 1,394,000       $ 1,575,000   
  

 

 

    

 

 

 

Common Shares:

     

Weighted-average common shares outstanding

     14,380,000         14,307,000   

Effect of dilutive stock options

     209,000         118,000   
  

 

 

    

 

 

 

Weighted-average diluted shares outstanding

     14,589,000         14,425,000   
  

 

 

    

 

 

 

Basic:

     

Net income per share

   $ 0.10       $ 0.11   
  

 

 

    

 

 

 

Diluted:

     

Net income per share

   $ 0.10       $ 0.11