v3.26.1
Net Income Per Share
9 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income Per Share
15.
NET INCOME PER SHARE:

The following table presents shares used in the calculation of basic and diluted net income per share:

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

Weighted average common shares outstanding used in
   calculating basic net income per share

 

22,068,431

 

 

 

21,515,092

 

 

 

22,012,594

 

 

 

22,249,076

 

 

Effect of dilutive options and non-vested restricted stock
   awards

 

1,089,380

 

 

 

 

 

 

815,233

 

 

 

 

 

Weighted average common and common equivalent shares
   used in calculating diluted net income per share

 

23,157,811

 

 

 

21,515,092

 

 

 

22,827,827

 

 

 

22,249,076

 

 

For the three months ended June 30, 2026 and 2025, there were 0.01 million and 1.9 million weighted average shares of options outstanding and non-vested restricted stock outstanding, respectively, that were not included in the computation of diluted net income per share because the options’ exercise prices or non-vested restricted stock prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive. For the nine months ended June 30, 2026 and 2025, there were approximately 0.02 million and 1.8 million weighted average shares of options outstanding and non-vested restricted stock outstanding, respectively, that were not included in the computation of diluted net income per share because the options’ exercise prices or non-vested restricted stock prices were greater than the average market price of our common stock, and therefore, their effect would be anti-dilutive.