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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Sep. 30, 2020
EARNINGS PER SHARE |
Schedule of net earnings per share available to common shareholders |
|  | For Fiscal Years
|  | 2020 |  | 2019
|  | Basic |  | Basic
Weighted average common shares outstanding |  |  | 561,166 |  |  | 597,961
Net income available to common shareholders |  | $ | 5,542,590 |  | $ | 3,202,943
Net earnings per share available to common shareholders |  | $ | 9.88 |  | $ | 5.36
|  | For Fiscal Years
|  | 2020 |  | 2019
|  | Diluted |  | Diluted
Weighted average common shares outstanding |  |  | 561,166 |  |  | 597,961
Weighted average of net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock and conversion of preferred stock(1) |  |  | 6,795 |  |  | 11,875
Weighted average number of shares outstanding |  |  | 567,961 |  |  | 609,836
Net income available to common shareholders |  | $ | 5,542,590 |  | $ | 3,202,943
Net earnings per share available to common shareholders |  | $ | 9.76 |  | $ | 5.25
| (1) |  | Diluted earnings per share calculation includes all stock options and restricted stock units deemed to be dilutive.

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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 + Details
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