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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Jun. 30, 2020
Earnings Per Share [Abstract] |
Schedule of earnings per share | Basic and diluted earnings per share for the three and nine months ended June 30, 2020 and 2019 were calculated by dividing net income by the weighted-average number of shares outstanding for the period considering the effect of dilutive equity options and stock awards for the diluted earnings per share calculations.
|  | Three Months |  |  | Nine Months |
|  | Ended June 30, |  |  | Ended June 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
|  | (In thousands except for per share data) |
Income applicable to common shares |  | $ | 509 |  |  | $ | 726 |  |  | $ | 1,367 |  |  | $ | 2,178 |
Weighted average number of common shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
outstanding - basic |  |  | 5,815 |  |  |  | 5,821 |  |  |  | 5,821 |  |  |  | 5,821 |
Stock options and restricted stock |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Weighted average number of common shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
and common share equivalents - diluted |  |  | 5,815 |  |  |  | 5,821 |  |  |  | 5,821 |  |  |  | 5,821 |
Basic earnings per share |  | $ | 0.09 |  |  | $ | 0.12 |  |  | $ | 0.24 |  |  | $ | 0.37 |
Diluted earnings per share |  | $ | 0.09 |  |  | $ | 0.12 |  |  | $ | 0.24 |  |  | $ | 0.37

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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