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EARNINGS PER SHARE
3 Months Ended
Dec. 31, 2016
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
 
December 31,
(Thousands, except per share amounts)
2016
2015
Net income, as reported
$
34,929

$
50,282

Basic earnings per share
 
 
Weighted average shares of common stock outstanding-basic
86,084

85,675

Basic earnings per common share
$0.41
$0.59
Diluted earnings per share
 
 
Weighted average shares of common stock outstanding-basic
86,084

85,675

Incremental shares (1)
771

1,001

Weighted average shares of common stock outstanding-diluted
86,855

86,676

Diluted earnings per common share (2)
$0.40
$0.58
(1)
Incremental shares consist primarily of unvested stock awards and performance shares.
(2)
There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for the three months ended December 31, 2016 and 2015.