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Earnings Per Share (Tables)
9 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Reconciliation of Net Earnings to Net Earnings Per Share Basic and Diluted

The following is a reconciliation of net earnings to basic earnings per share and diluted earnings per share:

 

 

Three Months Ended
June 30,

 

 

Nine Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

108,448

 

 

$

102,075

 

 

$

304,488

 

 

$

289,675

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic shares outstanding

 

 

59,680

 

 

 

60,425

 

 

 

59,442

 

 

 

60,290

 

Dilutive effect of stock options; restricted and performance stock

 

 

1,808

 

 

 

2,097

 

 

 

1,932

 

 

 

2,005

 

Diluted shares outstanding

 

 

61,488

 

 

 

62,522

 

 

 

61,374

 

 

 

62,295

 

Income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.82

 

 

$

1.69

 

 

$

5.12

 

 

$

4.80

 

Diluted earnings per share

 

$

1.76

 

 

$

1.63

 

 

$

4.96

 

 

$

4.65

 

Anti-dilutive Stock Options Grants And Restricted Stock Awards Excluded from Computation of Earnings Per Share

The following stock option grants and restricted stock awards were outstanding but were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive:

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Restricted stock and option awards

 

 

38

 

 

 

80

 

 

 

20

 

 

 

53

 

Weighted-average price

 

$

193.09

 

 

$

137.76

 

 

$

185.74

 

 

$

134.79

 

Schedule of Treasury Stock Shares Held for Deferred Compensation Included in Basic and Diluted Shares Outstanding

The weighted-average shares of common stock outstanding for basic and diluted earnings per share included the weighted-average treasury stock shares held for deferred compensation obligations of the following:

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Weighted-average treasury stock shares held for deferred compensation obligations

 

 

30

 

 

 

53

 

 

 

34

 

 

 

54