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Note 13 - Earnings Per Share
 12 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

(13)

Earnings per Share

 

The weighted average common shares outstanding used in the calculation of basic earnings per share and weighted average common shares outstanding, adjusted for common stock equivalents, used in the computation of diluted earnings per share were as follows:

 

  

September 30,

 
  

2023

  

2022

 

Weighted average common stock outstanding, basic

  7,580,120   7,483,342 

Dilutive impact of RSUs

  23,556   74,666 

Weighted average common stock outstanding, diluted

  7,603,676   7,558,008 

 

For fiscal years 2023 and 2022, the Company excluded 100,569 and 282 common stock equivalents, respectively, from the diluted earnings per share calculations because they were not dilutive. In each case, the excluded common stock equivalents consisted of vested RSUs.