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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Revenue $ 284,193 $ 265,391 $ 567,336 $ 487,169
Cost of sales 163,091 150,571 317,552 273,016
Gross profit 121,102 114,820 249,784 214,153
Operating expenses:        
Research, development and technical 13,230 12,778 26,041 26,818
Selling, general and administrative 56,209 50,328 110,648 111,456
Total operating expenses 69,439 63,106 136,689 138,274
Operating income 51,663 51,714 113,095 75,879
Interest Expense 10,753 13,331 22,673 20,221
Interest income 143 568 458 1,587
Other income (expense), net (1,010) (1,014) (1,407) (2,425)
Income before income taxes 40,043 37,937 89,473 54,820
Provision for income taxes 7,144 10,800 18,025 14,240
Net income $ 32,899 $ 27,137 $ 71,448 $ 40,580
Basic earnings per share (in dollars per share) $ 1.12 $ 0.94 $ 2.45 $ 1.45
Diluted earnings per share (in dollars per share) $ 1.11 $ 0.92 $ 2.41 $ 1.42
Weighted average basic shares outstanding (in shares) 29,287,211 28,997,632 29,182,528 28,065,759
Weighted average diluted shares outstanding (in shares) 29,725,179 29,479,114 29,666,436 28,607,033