Net (Loss) Income Per Share

3 Months Ended

Dec. 31, 2021

Earnings Per Share, Basic and Diluted [Abstract]

Net (Loss) Income Per Share

Net (Loss) Income Per Share

The following table sets forth the computation for basic and diluted net (loss) income per share (in thousands, except per share amounts): 

	Three Months Ended December 31,
	2021		2020
Numerator:
Net (loss) income from continuing operations	$	(57,559)	$	6,954
Net income from discontinued operations	—		7,941
Net (loss) income	$	(57,559)	$	14,895
Denominator:
Weighted average common shares outstanding — basic	317,359		283,818
Dilutive effect of convertible instruments	—		21,636
Dilutive effect of employee stock compensation plans(a)	—		8,756
Weighted average common shares outstanding — diluted	317,359		314,210
Net (loss) income per common share - basic:
Continuing operations	$	(0.18)	$	0.02
Discontinued operations	—		0.03
Total net (loss) income per basic common share	$	(0.18)	$	0.05
Net (loss) income per common share - diluted:
Continuing operations	$	(0.18)	$	0.02
Discontinued operations	—		0.03
Total net (loss) income per diluted common share	$	(0.18)	$	0.05
Anti-dilutive equity instruments excluded from the calculation	—		580
Contingently issuable awards excluded from the calculation	112		—

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(a)Certain performance-based awards were excluded from the determination of dilutive net (loss) income per share as the conditions were not met at the end of the reporting period.