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Earnings per Share Data (Tables)
6 Months Ended
Mar. 31, 2020
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 and six months ended March 31, 2020 and 2019:
   Quarter Ended March 31,   Six Months Ended March 31, 
   2020   2019   2020   2019 
Net Income (Loss)
  $(655,000  $7,460,000   $1,834,000   $7,773,000 
  
 
 
   
 
 
   
 
 
   
 
 
 
Common Shares:
        
Weighted average common shares outstanding
   14,586,000    14,541,000    14,586,000    14,541,000 
Effect of dilutive stock options
   —      167,000    128,000    164,000 
  
 
 
   
 
 
   
 
 
   
 
 
 
Diluted shares outstanding
   14,586,000    14,708,000    14,714,000    14,705,000 
  
 
 
   
 
 
   
 
 
   
 
 
 
Basic:
        
Net earnings (loss) per share
  $(0.04  $0.51   $0.13   $0.53 
  
 
 
   
 
 
   
 
 
   
 
 
 
Diluted:
        
Net earnings (loss) per share
  $(0.04  $0.51   $0.12   $0.53