Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Net Income Per Share

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Note 2 - Net Income Per Share
 3 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 2.  Net Income Per Share

Basic net income per common share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding for the reporting period.  Diluted EPS equals net income divided by the sum of the weighted average number of shares of common stock outstanding plus all additional common stock equivalents, such as stock options and restricted stock awards, when dilutive.

   
Three Months Ended December 31
 
   
2014
   
2013
 
Net income
  $ 1,069,373     $ 1,982,326  
Weighted average common shares
    13,222,180       12,689,412  
Dilutive potential common shares
    359,254       855,012  
Weighted average dilutive common shares outstanding
    13,581,434       13,544,424  
Net income per common share:
               
    Basic
  $ 0.08     $ 0.16  
    Diluted
  $ 0.08     $ 0.15