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11. Earnings Per Share (Details - Computation of loss per share) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2017 | Mar. 31, 2016
Basic |  |  |  |
Net income attributed to Live Ventures Incorporated | $ 1,840,666 | $ 1,218,508 | $ 3,269,239 | $ 1,394,656
Less: preferred stock dividends | (480) | (479) | (959) | (959)
Net income applicable to common stock | $ 1,840,186 | $ 1,218,029 | $ 3,268,280 | $ 1,393,697
Weighted average common shares outstanding | 2,058,064 | 2,815,951 | 2,029,023 | 2,816,734
Basic earnings per share | $ .89 | $ .43 | $ 1.61 | $ .49
Diluted |  |  |  |
Net income applicable to common stock | $ 1,840,186 | $ 1,218,029 | $ 3,268,280 | $ 1,393,697
Add: preferred stock dividends | 480 | 479 | 959 | 959
Net income applicable for diluted earnings per share | $ 1,840,666 | $ 1,218,508 | $ 3,269,239 | $ 1,394,656
Weighted average common shares outstanding | 2,058,064 | 2,815,951 | 2,029,023 | 2,816,734
Add: Options | 69,979 | 16,319 | 56,458 | 19,184
Add: Common Stock Warrants | 0 | 305,528 | 0 | 325,954
Assumed weighted average common shares outstanding | 3,917,228 | 3,265,638 | 3,874,666 | 3,289,712
Diluted earnings per share | $ 0.47 | $ .37 | $ .84 | $ .42
Series B Preferred Stock [Member] |  |  |  |
Diluted |  |  |  |
Add: Preferred Stock | 1,071,200 | 0 | 1,071,200 | 0
Series B Preferred Stock Warrants [Member] |  |  |  |
Diluted |  |  |  |
Add: Preferred Stock | 590,145 | 0 | 590,145 | 0
Series E Preferred Stock [Member] |  |  |  |
Basic |  |  |  |
Less: preferred stock dividends |  |  | $ (959) | $ (959)
Diluted |  |  |  |
Add: Preferred Stock | 127,840 | 127,840 | 127,840 | 127,840

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