Earnings per Share

12 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Earnings (Loss) per Share

Earnings per Share

Basic earnings per share is based on the average number of common shares outstanding during the period. Diluted earnings per share is based on the average number of shares used for the basic earnings per share calculation, adjusted for the dilutive effect of share options, RSE, and PRSE awards.

The following is the reconciliation between the number of weighted-average shares used in the basic and diluted earnings per share calculation:

	Fiscal Year
	2024	2023	2022
Basic weighted-average shares outstanding	49.7	51.2	53.1
Effect of dilutive securities:
Options, RSE and PRSE awards	0.4	0.6	0.5
Total dilutive securities	0.4	0.6	0.5
Diluted weighted-average shares outstanding	50.1	51.8	53.6

The following weighted-average common shares were excluded from the calculation of diluted net earnings per share because the effect of including these awards was antidilutive.

	Fiscal Year
	2024	2023	2022
Options, RSE and PRSE awards	1.3	1.2	1.0