Earnings per Share (Tables)

6 Months Ended

Mar. 31, 2020

Schedule of basic and diluted earnings per share

The following information was used in the computation of basic and diluted earnings per share (EPS) for the three and six months ended March 31, 2020 and 2019.


	Three Months Ended March 31,						Six Months Ended March 31,
	2020		2019		2020		2019
	(dollars in thousands, except per share data)
Net income	$	(740,618)	$	44,511	$	(697,344)	$	90,297

Weighted average common shares outstanding	55,906,002		56,994,817		56,141,816		57,484,838
Dilutive effect of stock based compensation	—		79,857		—		72,146
Weighted average common shares outstanding for diluted earnings per share calculation	55,906,002		57,074,674		56,141,816		57,556,984

Basic earnings per share	$	(13.25)	$	0.78	$	(12.42)	$	1.57
Diluted earnings per share	$	(13.25)	$	0.78	$	(12.42)	$	1.57