Earnings Per Share (Tables)

9 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Summary of Earnings Per Share

The following table summarizes the weighted-average number of basic common shares outstanding and the calculation of basic earnings per share for the periods presented (unaudited in thousands, except share and per share amounts):

	For the Three Months Ended June 30,				For the Nine Months Ended June 30,
	2021		2020		2021		2020
Numerator
Net income (loss) attributable to common shareholders	$	9,340	$	15,747	$	12,276	$	22,745
Denominator
Weighted average number of common shares outstanding, basic	51,686,735		51,489,211		51,620,143		51,489,211
Net income (loss) per common share attributable to common shareholders, basic	$	0.18	$	0.31	$	0.24	$	0.44

The following table summarizes the calculation of the weighted-average number of diluted common shares outstanding and the calculation of diluted earnings per share for the periods presented (unaudited in thousands, except share and per share amounts):

	For the Three Months Ended June 30,				For the Nine Months Ended June 30,
	2021		2020		2021		2020
Numerator
Net income (loss) attributable to common stockholders	$	9,340	$	15,747	$	12,276	$	22,745
Denominator
Weighted average number of basic common shares outstanding, basic	51,686,735		51,489,211		51,620,143		51,489,211
Effect of dilutive securities:
Restricted stock grants under 2018 Equity Incentive Plan	177,668		157,174		106,852		134,416
Weighted average number of diluted common shares outstanding	51,864,403		51,646,385		51,726,994		51,623,627
Net income (loss) per diluted common share attributable to common stockholders	$	0.18	$	0.30	$	0.24	$	0.44