v3.26.1
INCOME PER COMMON SHARE (Tables)
 6 Months Ended
Mar. 31, 2026
INCOME PER COMMON SHARE [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share
The following table provides a reconciliation of the basic and diluted earnings per share (“EPS”) computations for the three and six months ended March 31, 2026 and 2025:
 
                     
   Three Months Ended
 March 31, 		    Six Months Ended
 March 31, 		 
(in thousands, except per share data)
  2026     2025     2026     2025  
Income:
                   
Consolidated net income
 $999   $1,440   $1,699   $2,099 
Net income attributable to noncontrolling interests
  (282)     —     (563)     —  
Net income attributable to Janel Corporation
  717    1,440    1,136    2,099 
Preferred stock dividends
  (112)    (108)    (212)    (194) 
Non-controlling interest dividends
   —      —      —     (243) 
Net income available to common stockholders
 $605   $1,332   $924   $1,662 
                     
Common Shares:
                   
Basic - weighted average common shares
  1,186    1,186    1,186    1,186 
Effect of dilutive securities:
                   
Stock options
  24    20    29    20 
Diluted - weighted average common stock
  1,210    1,206    1,215    1,206 
                     
Income per Common Share:
                   
Basic                    
Consolidated net income
 $0.84   $1.21   $1.43   $1.77 
Net income attributable to noncontrolling interests
  (0.24)     —     (0.47)     —  
Preferred stock dividends
  (0.09)    (0.09)    (0.18)    (0.16) 
Noncontrolling interest dividends
   —      —      —     (0.20) 
Net income available to common shareholders
 $0.51   $1.12   $0.78   $1.41 
Diluted                    
Consolidated net income   $0.83   $1.19   $1.40   $1.74 
Net income attributable to noncontrolling interests
  (0.24)     —     (0.47)     —  
Preferred stock dividends
  (0.09)    (0.09)    (0.17)  
(0.16) 
Noncontrolling interest dividends
   —      —      —     (0.20) 
Net income available to common stockholders
 $0.50   $1.10   $0.76   $1.38