Earnings Per Share

12 Months Ended

Sep. 30, 2013

Earnings Per Share

Earnings Per Share

11. Earnings Per Share

        The following table sets forth the computation of basic and diluted EPS for the years indicated. In accordance with ASC 260, income (loss) from continuing operations for each year is used as the control number in determining whether potentially dilutive common shares should be included in the diluted earnings per share computations for that year, even when the effect of doing so is anti-dilutive to the other per-share amounts:

(in thousands, except per-share amounts)	2011			2012			2013
Numerator:
Numerator for basic and diluted earnings per share from continuing operations—income (loss) from continuing operations	$	(133,932	)	$	(26,429	)	$	8,285
Numerator for basic and diluted earnings per share from discontinued operations—income (loss) from discontinued operations, net of income taxes		(95,989	)		(35,819	)		(1,148	)
Numerator for basic and diluted earnings per share—net income (loss)	$	(229,921	)	$	(62,248	)	$	7,137
Denominator:
Denominator for basic earnings per share—weighted-average shares outstanding		60,440			60,894			70,128
Effect of dilutive securities—shares issuable upon exercise of options and SARs and vesting of restricted stock		0			0			1,124
Denominator for diluted earnings per share—weighted-average shares outstanding after assumed exercises and vesting		60,440			60,894			71,252
Basic and diluted income (loss) per share from continuing operations	$	(2.21	)	$	(0.43	)	$	0.12
Basic and diluted loss per share from discontinued operations		(1.59	)		(0.59	)		(0.02	)
Basic and diluted income (loss) per share	$	(3.80	)	$	(1.02	)	$	0.10
Anti-dilutive securities not considered in diluted EPS calculation:
SARs		2,842			2,962			1,305
Stock options		1,674			1,382			968
Restricted stock		71			41			0