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Earnings (Loss) Per Share of Common Stock
9 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share of Common Stock

14.Earnings (Loss) Per Share of Common Stock

Basic earnings (loss) per share is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding during the period, increased to include the number of shares of common stock that would have been outstanding had potential dilutive shares of common stock been issued. 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

 

 

Nine Months Ended

 

 

 

June 30,

2018

 

 

June 30,

2017

 

 

June 30,

2018

 

 

June 30,

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income available to common stockholders

 

$

(1,397

)

 

$

15,402

 

 

$

(4,139

)

 

$

(37,873

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding – Basic and Diluted

 

 

77,025

 

 

 

77,055

 

 

 

77,046

 

 

 

77,056

 

Basic and diluted (loss) earnings per share

 

$

(0.02

)

 

$

0.20

 

 

$

(0.05

)

 

$

(0.49

)

Other Information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

130

 

 

 

 

 

 

43

 

 

 

 

 

 

(a)

Weighted-average number of anti-dilutive options and restricted stock are based upon the average closing price of our common stock on the NYSE for the period.