Earnings Per Share (Tables)

6 Months Ended

Mar. 31, 2024

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 March 31,				For the Six Months Ended March 31,
	2024		2023		2024		2023
Numerator
Net income (loss) attributable to common stockholders	$	(1,124)	$	(5,481)	$	8,719	$	(3,589)
Denominator
Weighted average number of common shares outstanding, basic	51,938,216		51,827,365		51,915,069		51,826,143
Net income (loss) per common share attributable to common stockholders, basic	$	(0.02)	$	(0.11)	$	0.17	$	(0.07)

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 March 31,				For the Six Months Ended March 31,
	2024		2023		2024		2023
Numerator
Net income (loss) attributable to common stockholders	$	(1,124)	$	(5,481)	$	8,719	$	(3,589)
Denominator
Weighted average number of basic common shares outstanding, basic	51,938,216		51,827,365		51,915,069		51,826,143
Effect of dilutive securities:
Restricted stock grants	—		—		608,031		—
Weighted average number of diluted common shares outstanding:	51,938,216		51,827,365		52,523,100		51,826,143
Net income (loss) per diluted common share attributable to common stockholders	$	(0.02)	$	(0.11)	$	0.17	$	(0.07)