Net Income (Loss) Per Share (Tables)

6 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Components and Calculation of Basic and Diluted Net Income (Loss) Per Share

The following table presents the components and calculations of basic and diluted net income (loss) per share for each period presented (in thousands, except share and per share amounts):

	Three Months Ended March 31,						Six Months Ended March 31,
	2019			2018			2019			2018
Net income (loss)	$	(68,086	)	$	(66,655	)	$	(68,979	)	$	941
Dividends on preferred shares		6,000			6,000			12,000			6,000
Net income (loss) attributable to common shareholders	$	(74,086	)	$	(72,655	)	$	(80,979	)	$	(5,059	)
Undistributed income allocated to participating securities		-			-			-			-
Net income (loss) attributable to common shareholders - basic and diluted	$	(74,086	)	$	(72,655	)	$	(80,979	)	$	(5,059	)
Weighted-average common shares outstanding - basic		68,451,920			68,019,300			68,348,850			67,922,276
Effect of common share equivalents		-			-			-			-
Weighted-average common shares outstanding - diluted		68,451,920			68,019,300			68,348,850			67,922,276
Net income (loss) per share - basic	$	(1.08	)	$	(1.07	)	$	(1.18	)	$	(0.07	)
Net income (loss) per share - diluted	$	(1.08	)	$	(1.07	)	$	(1.18	)	$	(0.07	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table includes the number of shares that may be dilutive common shares in the future. These shares were not included in the computation of diluted net income (loss) per share because the effect was either anti-dilutive or the requisite performance conditions were not met:

	Three Months Ended March 31,				Six Months Ended March 31,
	2019		2018		2019		2018
Stock options		1,534,920		275,209		1,544,719		281,742
Restricted stock units		75,599		90,024		196,914		45,012
Preferred Stock		9,694,619		9,586,901		9,694,619		4,740,776