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Earnings Per Share
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Sep. 30, 2012
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| Earnings Per Share |
(4) Earnings Per Share
Basic earnings per share ("EPS") have been computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Shares issued during the period are weighted for the portion of the period that they were outstanding. Our calculation of diluted earnings per common share includes the dilutive effects for the assumed vesting of restricted stock awards.
During the first quarter of 2012, we determined that our restricted stock awards should be included in our diluted weighted average common shares outstanding. We have corrected the diluted weighted average common shares outstanding as of September 30, 2011 to include the dilutive effect of the restricted stock awards. The effect of this change was inconsequential to the September 30, 2011 financial statements.
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