v3.26.1
Earnings per Common Share
9 Months Ended
Jun. 30, 2026
Earnings per Common Share [Abstract]  
Earnings per Common Share
Note 8. Earnings per Common Share

 

Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive securities for this calculation consist of in-the-money outstanding stock options and restricted stock units (which were assumed to have been exercised at the average market price of the common shares during the reporting period). The treasury stock method is used to measure the dilutive impact of in-the-money stock options.

 

 

The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding:

 

    Quarter Ended     Year-to-Date  
    June 30, 2026     July 1, 2025     June 30, 2026     July 1, 2025  
Weighted-average shares outstanding basic     10,557,896       10,582,491       10,556,636       10,632,434  
Effect of potentially dilutive securities:                                
Stock options     -       -       -       -  
Restricted stock units     93,000       79,000       93,000       79,000  
Weighted-average shares outstanding diluted     10,650,896       10,661,491       10,649,636       10,711,434  
Excluded from diluted weighted average shares outstanding:                                
Antidilutive     414,393       436,049       414,393       436,049