12. Earnings Per Share (Tables)

6 Months Ended

Mar. 31, 2017

	Three Months Ended March 31,						Six Months Ended March 31,
	2017			2016			2017			2016
Basic

Net income attributed to Live Ventures Incorporated	$	1,840,666		$	1,218,508		$	3,269,239		$	1,394,656
Less: preferred stock dividends		(480	)		(479	)		(959	)		(959	)
Net income applicable to common stock	$	1,840,186		$	1,218,029		$	3,268,280		$	1,393,697

Weighted average common shares outstanding		2,058,064			2,815,951			2,029,023			2,816,734

Basic earnings per share	$	0.89		$	0.43		$	1.61		$	0.49


Diluted

Net income applicable to common stock	$	1,840,186		$	1,218,029		$	3,268,280		$	1,393,697
Add: preferred stock dividends		480			479			959			959
Net income applicable for diluted earnings per share	$	1,840,666		$	1,218,508		$	3,269,239		$	1,394,656

Weighted average common shares outstanding		2,058,064			2,815,951			2,029,023			2,816,734
Add: Options		69,979			16,319			56,458			19,184
Add: Common Stock Warrants		–			305,528			–			325,954
Add: Series B Preferred Stock		1,071,200			–			1,071,200			–
Add: Series B Preferred Stock Warrants		590,145			–			590,145			–
Add: Series E Preferred Stock		127,840			127,840			127,840			127,840
Assumed weighted average common shares outstanding		3,917,228			3,265,638			3,874,666			3,289,712

Diluted earnings per share	$	0.47		$	0.37		$	0.84		$	0.42