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Earnings (Loss) Per Share of Common Stock (Tables)
9 Months Ended
Jun. 30, 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
June 30,

 

 

Nine Months Ended
June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common stockholders

$

16.8

 

 

$

10.8

 

 

$

(24.1

)

 

$

(1.3

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding – basic

 

93,504,000

 

 

 

93,207,000

 

 

 

93,409,000

 

 

 

102,705,000

 

Basic earnings (loss) per share

$

0.18

 

 

$

0.12

 

 

$

(0.26

)

 

$

(0.01

)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding – diluted

 

94,001,000

 

 

 

93,436,000

 

 

 

93,409,000

 

 

 

102,705,000

 

Diluted earnings (loss) per share

$

0.18

 

 

$

0.12

 

 

$

(0.26

)

 

$

(0.01

)

Other Information:

 

 

 

 

 

 

 

 

 

 

 

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

 

4,663,000

 

 

 

4,180,000

 

 

 

4,712,000

 

 

 

4,968,000

 

 

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.