v3.26.1
INCOME PER COMMON SHARE (Tables)
9 Months Ended
Jun. 30, 2026
INCOME PER COMMON SHARE [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share
The following table provides a reconciliation of the basic and diluted earnings per share (“EPS”) computations for the three and nine months ended June 30, 2026 and 2025:
 
                             
   
Three Months Ended
 June 30,
   Nine Months Ended
 
June 30,
 
(in thousands, except per share data)
   2026      2025      2026      2025  
Income:
                           
Consolidated net income
 $ 2,543    $ 887    $ 4,242    $ 2,986  
Net income attributable to noncontrolling interests
   (446 )       -      (1,009 )       -  
Net income attributable to Janel Corporation
   2,097      887      3,233      2,986  
Preferred stock dividends
   (114 )     (77 )     (326 )     (271 ) 
Non-controlling interest dividends
   -      -      -      (243 ) 
Net income available to common stockholders
 $ 1,983    $ 810    $ 2,907    $ 2,472  
                             
Common Shares:
                           
Basic - weighted average common shares
   1,186      1,186      1,186      1,186  
Effect of dilutive securities:
                           
Stock options
   30      21      31      20  
Diluted - weighted average common stock
   1,216      1,207      1,217      1,206  
                             
Income per Common Share:
                           
Basic
                           
Consolidated net income
 $ 2.14    $ 0.75    $ 3.58    $ 2.52  
Net income attributable to noncontrolling interests
   (0.37 )     -      (0.86 )     -  
Preferred stock dividends
   (0.10 )     (0.07 )     (0.27 )     (0.24 ) 
Noncontrolling interest dividends
    -      -      -      (0.20 ) 
Net income available to common shareholders
 $ 1.67    $ 0.68    $ 2.45    $ 2.08  
Diluted
                           
Consolidated net income
 $ 2.09    $ 0.74    $ 3.49    $ 2.48  
Net income attributable to noncontrolling interests
   (0.37 )     -      (0.83 )     -  
Preferred stock dividends
   (0.09 )     (0.07 )     (0.27 )     (0.23 ) 
Noncontrolling interest dividends
   -      -      -      (0.20 ) 
Net income available to common stockholders
 $ 1.63    $ 0.67    $ 2.39    $ 2.05