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Note 17 - Net Income Per Share
9 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]
1
7
.
NET
INCOME
PER SHARE
 
The following table sets forth the computation of basic and diluted net income per share:
 
   
Three months Ended
   
Nine months Ended
 
   
June 30,
   
June 30,
 
   
2020
   
2019
   
2020
   
2019
 
Net income
  $
1,504,077
    $
638,041
    $
2,425,979
    $
2,862,831
 
                                 
Basic income per share
  $
0.05
    $
0.02
    $
0.07
    $
0.09
 
Diluted income per share
  $
0.04
    $
0.02
    $
0.07
    $
0.09
 
                                 
Weighted average shares outstanding - basic
   
33,289,426
     
32,575,118
     
33,122,042
     
32,684,311
 
Assumed exercise of dilutive options
   
991,489
     
797,659
     
756,201
     
656,746
 
Weighted average shares outstanding - diluted
   
34,280,915
     
33,372,777
     
33,878,243
     
33,341,057
 
                                 
Potentially diluted securities outstanding at period end excluded from diluted computation as the inclusion would have been antidilutive:
                               
Options
   
893,750
     
761,250
     
893,750
     
976,750