EARNINGS PER SHARE

6 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table presents the calculation of the Company's basic and diluted earnings per share for:

	Three Months Ended				Six Months Ended
	March 31,				March 31,
(Thousands, except per share amounts)	2014		2013		2014		2013
Net income	$	172,971	$	45,469	$	180,664	$	105,675
Basic earnings per share
Weighted average shares of common stock outstanding-basic	42,079		41,789		42,050		41,742
Basic earnings per common share	$4.11		$1.09		$4.30		$2.53
Diluted earnings per share
Weighted average shares of common stock outstanding-basic	42,079		41,789		42,050		41,742
Incremental shares (1)	378		183		378		183
Weighted average shares of common stock outstanding-diluted	42,457		41,972		42,428		41,925
Diluted earnings per common share (2)	$4.07		$1.08		$4.26		$2.52

(1) Incremental shares consist of stock options, stock awards and performance units.

(2) There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for the three and six months endedMarch 31, 2014 and 2013.