Earnings Per Share

12 Months Ended

Sep. 30, 2022

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)	2022		2021		2020
Numerator:
Net income attributable to Evoqua Water Technologies Corp.	$	72,198	$	51,482	$	113,649
Denominator:
Denominator for basic net income per common share—weighted average shares	121,138		119,575		116,721
Effect of dilutive securities:
Share‑based compensation	3,744		3,368		4,342
Denominator for diluted net loss per common share—adjusted weighted average shares	124,882		122,943		121,063
Basic income per common share	$	0.60	$	0.43	$	0.97
Diluted income per common share	$	0.58	$	0.42	$	0.94

Because of their anti-dilutive effect, 474, 1,784, and 2,512 common share equivalents, comprised of employee stock options, have been excluded from the diluted EPS calculation for the years ended September 30, 2022, 2021, and 2020, respectively.