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Earnings (Loss) Per Share of Common Stock (Tables)
6 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator for Basic and Diluted Earnings (loss) Per Share Calculation Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings (loss) per share calculation for the periods indicated:

 

 

Three Months Ended
March 31,

 

 

Six Months Ended
March 31,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common stockholders

$

0.7

 

 

$

6.3

 

 

$

(12.1

)

 

$

(5.7

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding – basic

 

100,282,000

 

 

 

105,183,000

 

 

 

102,705,000

 

 

 

105,165,000

 

Basic income (loss) per share

$

0.01

 

 

$

0.06

 

 

$

(0.12

)

 

$

(0.05

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding – diluted

 

100,608,000

 

 

 

105,670,000

 

 

 

102,705,000

 

 

 

105,165,000

 

Diluted income (loss) per share

$

0.01

 

 

$

0.06

 

 

$

(0.12

)

 

$

(0.05

)

Other Information:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of anti-dilutive options and restricted stock(a)

 

4,005,787

 

 

 

7,719,000

 

 

 

5,363,000

 

 

 

7,754,000

 

 

(a)
Weighted average number of anti-dilutive options is based upon the average closing price of the Company’s common stock on the NYSE for the period.