Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.0.1
Earnings Per Share (Tables)
 3 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Reconciliation of Components of Basic and Diluted EPS Calculations

A reconciliation of the components of the basic and diluted EPS calculations follows (in thousands, except per share amounts):

 

 

 

Three Months Ended December 31,

 

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

Net income

 

$

997

 

 

$

719

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted-average shares used to compute basic EPS

 

 

14,254

 

 

 

14,072

 

Common stock equivalents (1)

 

 

231

 

 

 

45

 

Weighted-average shares used to compute diluted EPS

 

 

14,485

 

 

 

14,117

 

 

 

 

 

 

 

 

Income per share:

 

 

 

 

 

 

Net income per basic share

 

$

0.07

 

 

$

0.05

 

Net income per diluted share

 

$

0.07

 

 

$

0.05

 

 

(1)
The number of common stock equivalents is calculated using the treasury method and the average market price during the period.