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(Loss) Earnings Per Share of Common Stock (Tables)
6 Months Ended
Mar. 31, 2023
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 (loss) earnings per share calculation for the periods indicated:

 

 

Three Months Ended
March 31,

 

 

Six Months Ended
March 31,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income available to common stockholders

$

(22.0

)

 

$

0.7

 

 

$

(40.9

)

 

$

(12.1

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding – basic

 

93,475,000

 

 

 

100,282,000

 

 

 

93,362,000

 

 

 

102,705,000

 

Basic (loss) earnings per share

$

(0.23

)

 

$

0.01

 

 

$

(0.44

)

 

$

(0.12

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding – diluted

 

93,475,000

 

 

 

100,608,000

 

 

 

93,362,000

 

 

 

102,705,000

 

Diluted (loss) earnings per share

$

(0.23

)

 

$

0.01

 

 

$

(0.44

)

 

$

(0.12

)

Other Information:

 

 

 

 

 

 

 

 

 

 

 

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

 

5,320,000

 

 

 

4,005,787

 

 

 

5,321,000

 

 

 

5,363,000

 

 

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.