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EARNINGS PER SHARE (Tables)

12 Months Ended

Sep. 30, 2019

EARNINGS PER SHARE

Schedule of net earnings per share available to common shareholders

		For Fiscal Years
		2019			2018
		Basic			Basic
Weighted average common shares outstanding			597,961			660,925
Net income available to common shareholders		$	3,202,943		$	3,614,610
Net earnings per share available to common shareholders		$	5.36		$	5.47

		For Fiscal Years
		2019			2018
		Diluted			Diluted
Weighted average common shares outstanding			597,961			660,925
Weighted average of net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock and conversion of preferred stock(1)			11,875			11,524
Weighted average number of shares outstanding			609,836			672,449
Net income available to common shareholders		$	3,202,943		$	3,614,610
Net earnings per share available to common shareholders		$	5.25		$	5.38

(1) Diluted earnings per share calculation includes all stock options and restricted stock units deemed to be dilutive.

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- References

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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