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Earnings per Share Data (Tables)
3 Months Ended
Dec. 31, 2018
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, 2018 and 2017:

 

     December 31,
2018
     December 31,
2017
 

Net income

   $ 313,000      $ 2,346,000  
  

 

 

    

 

 

 

Common Shares:

     

Weighted-average common shares outstanding

     14,541,000        14,458,000  

Effect of dilutive stock options

     158,000        265,000  
  

 

 

    

 

 

 

Weighted-average diluted shares outstanding

     14,699,000        14,723,000  
  

 

 

    

 

 

 

Basic:

     

Net income per share

   $ 0.02      $ 0.16  
  

 

 

    

 

 

 

Diluted:

     

Net income per share

   $ 0.02      $ 0.16