A reconciliation of the components of the basic and diluted EPS calculations follows, in thousands, except per share amounts:
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Three Months Ended June 30, |
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Nine Months Ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Numerator: |
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Net income (loss) |
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$ |
1,658 |
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$ |
106 |
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$ |
2,932 |
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$ |
(31,394 |
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Denominator: |
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Weighted-average shares used to compute basic EPS |
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15,440 |
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14,314 |
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14,744 |
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14,294 |
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Dilutive potential common shares due to stock
options (1) |
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514 |
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— |
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418 |
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— |
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Dilutive potential common shares due to RSUs (1) |
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86 |
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— |
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102 |
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— |
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Weighted-average shares used to compute diluted EPS |
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16,040 |
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14,314 |
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15,264 |
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14,294 |
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Income (loss) per share: |
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Net income (loss) per basic share |
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$ |
0.11 |
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$ |
0.01 |
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$ |
0.20 |
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$ |
(2.20 |
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Net income (loss) per diluted share |
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$ |
0.10 |
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$ |
0.01 |
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$ |
0.19 |
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$ |
(2.20 |
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(1) The number of common stock equivalents is calculated using the treasury method and the average market price of our shares during the period.
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