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Earnings per share
12 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings per share Earnings Per Share
The following table sets forth the computation of basic and diluted income from continuing operations per common share:
 
Year Ended September 30,
(In thousands, except per share data)
2020
 
2019
 
2018
Numerator:
 
 
 
 
 
Net income (loss) attributable to Evoqua Water Technologies Corp.
$
113,649

 
$
(9,523
)
 
$
6,135

Denominator:
 
 
 
 
 
Denominator for basic net income per common share—weighted average shares
116,721

 
114,703

 
113,944

Effect of dilutive securities:
 
 
 
 
 
Share‑based compensation
4,342

 

 
6,221

Denominator for diluted net loss per common share—adjusted weighted average shares
121,063

 
114,703

 
120,165

Basic income (loss) per common share
$
0.97

 
$
(0.08
)
 
$
0.05

Diluted income (loss) per common share
$
0.94

 
$
(0.08
)
 
$
0.05


Since the Company was in a net loss position for the year ended September 30, 2019, there was no difference between the number of shares used to calculate basic and diluted loss per share. Because of their anti-dilutive effect, 2,512 common share equivalents, comprised of employee stock options, have been excluded from the diluted EPS calculation for the year ended September 30, 2020.