Earnings Per Share

12 Months Ended

Sep. 30, 2024

EARNINGS PER SHARE

The following summarizes basic and diluted EPS for the years ended September 30:


(In millions, except per share data)	2024		2023		2022
Numerator
Income from continuing operations	$	214.5	$	199.4	$	109.4
(Loss) income from discontinued operations, net of tax	(3.0)		1,220.3		314.9
Net income	$	211.5	$	1,419.7	$	424.3

Denominator
Weighted average common shares outstanding	130.1		161.6		179.1
Effect of potentially dilutive securities (a)	0.9		1.0		1.3
Weighted average diluted shares outstanding	131.0		162.6		180.4

Basic earnings per share
Continuing operations	$	1.65	$	1.24	$	0.61
Discontinued operations	(0.02)		7.55		1.76
Basic earnings per share	$	1.63	$	8.79	$	2.37

Diluted earnings per share
Continuing operations	$	1.63	$	1.23	$	0.61
Discontinued operations	(0.02)		7.50		1.74
Diluted earnings per share	$	1.61	$	8.73	$	2.35

(a)There were 0.1 million outstanding securities, primarily SARs, not included in the computation of diluted earnings per share in the year ended September 30, 2024 because the effect would have been antidilutive and 0.2 million for each of the years ended September 30, 2023 and 2022.