Income Per Common Share
 3 Months Ended
Dec. 31, 2014
Income Per Common Share [Abstract]  
Income Per Common Share

(4)Income per Common Share

 

Basic net income per share was computed by dividing net income available to common stockholders for the period by the weighted average number of shares of common stock outstanding during the period.  Diluted net income per share was computed by dividing net income available to common stockholders for the period by the weighted average number of shares of common stock that would have been outstanding assuming dilution from stock-based compensation awards during the period.    

 

The following table sets forth the computation of net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended
December 31,

(Dollars in Thousands, Except per Share)

2014

 

2013
(As Restated)

Basic Net Income per Share:

 

 

 

 

 

 

Net income attributed to Landauer, Inc.

 

$
4,377 

 

$
3,821 

Less:  Income allocated to unvested restricted stock

 

 
29 

 

 
46 

Net income available to common stockholders

 

$
4,348 

 

$
3,775 

Basic weighted average shares outstanding

 

 
9,446 

 

 
9,422 

Net income per share - Basic

 

$
0.46 

 

$
0.40 

 

 

 

 

 

 

 

Diluted Net Income per Share:

 

 

 

 

 

 

Net income attributed to Landauer, Inc.

 

$
4,377 

 

$
3,821 

Less:   Income allocated to unvested restricted stock

 

 
29 

 

 
46 

Net income available to common stockholders

 

$
4,348 

 

$
3,775 

Basic weighted average shares outstanding

 

 
9,446 

 

 
9,422 

Effect of dilutive securities

 

 
28 

 

 
45 

Diluted weighted averages shares outstanding

 

 
9,474 

 

 
9,467 

Net income per share - Diluted

 

$
0.46 

 

$
0.40 

Dividends paid per share

 

$
0.55 

 

$
0.55 

 

On March 9, 2015, the Company declared a reduction in dividend to $0.275 per share, compared to $0.55 per share in the previous quarter.