v3.26.1
Earnings Per Share
9 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
 
Basic earnings per share is calculated by dividing income available to common shareholders by the weighted average number of common shares outstanding and restricted stock grants that vested or are likely to vest during the period. Diluted earnings per share is calculated by dividing income available to common shareholders by the weighted average number of basic common shares outstanding, adjusted to reflect potentially dilutive securities, unless such effect is anti-dilutive. Diluted earnings per share is calculated using the treasury stock method.

Earnings per share information is presented in the table below (in thousands except for per share amounts):
Three Months EndedNine Months Ended
June 30,June 30,
2026202520262025
Numerator:
Net income (loss)
$(16,787)$289 $(20,646)$2,281 
Denominator:
Denominator for basic net income per share - weighted-average outstanding shares14,493 14,386 14,493 14,386 
Effect of dilutive securities:
Stock options and restricted stock (a)
— 64 — 72 
Denominator for diluted net income per share - weighted-average outstanding shares14,493 14,450 14,493 14,458 
Net income (loss) per share:
Basic$(1.16)$0.02 $(1.42)$0.16 
Diluted$(1.16)$0.02 $(1.42)$0.16 

(a) For the three and nine months ended June 30, 2026, stock options and restricted stock units representing approximately 68 thousand shares were excluded from the computation of diluted net loss per share because their effect would have been anti-dilutive.