EARNINGS (LOSSES) PER COMMON SHARE (Tables)

6 Months Ended

Mar. 31, 2022

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share:


	Three Months Ended March 31,				Six Months Ended March 31,
(in thousands, except per share amounts)	2022		2021		2022		2021
Numerator:
Loss from continuing operations	$	(4,624)	$	(123,296)	$	(55,955)	$	(201,220)
Income (loss) from discontinued operations	(352)		2,293		(383)		9,786
Net loss	(4,976)		(121,003)		(56,338)		(191,434)
Adjustment for basic earnings (loss) per share
Earnings allocated to unvested shareholders	(396)		(354)		(770)		(714)

Numerator for basic earnings (loss) per share:
From continuing operations	(5,020)		(123,650)		(56,725)		(201,934)
From discontinued operations	(352)		2,293		(383)		9,786
	(5,372)		(121,357)		(57,108)		(192,148)



Numerator for diluted earnings (loss) per share:
From continuing operations	(5,020)		(123,650)		(56,725)		(201,934)
From discontinued operations	(352)		2,293		(383)		9,786
	$	(5,372)	$	(121,357)	$	(57,108)	$	(192,148)
Denominator:
Denominator for basic earnings (loss) per share - weighted-average shares	105,393		107,861		106,494		107,738
Effect of dilutive shares from stock options, restricted stock and performance units	—		—		—		—
Denominator for diluted earnings (loss) per share - adjusted weighted-average shares	105,393		107,861		106,494		107,738

Basic earnings (loss) per common share:
Loss from continuing operations	$	(0.05)	$	(1.15)	$	(0.53)	$	(1.87)
Income from discontinued operations	—		0.02		—		0.09
Net loss	$	(0.05)	$	(1.13)	$	(0.53)	$	(1.78)

Diluted earnings (loss) per common share:
Loss from continuing operations	$	(0.05)	$	(1.15)	$	(0.53)	$	(1.87)
Income from discontinued operations	—		0.02		—		0.09
Net loss	$	(0.05)	$	(1.13)	$	(0.53)	$	(1.78)

Schedule of Shares Attributable to Outstanding Equity Awards Excluded from the Calculation of Diluted Earnings Per Share

The following potentially dilutive average shares attributable to outstanding equity awards were excluded from the calculation of diluted earnings (loss) per share because their inclusion would have been anti-dilutive:


	Three Months Ended March 31,				Six Months Ended March 31,
(in thousands, except per share amounts)	2022		2021		2022		2021
Potentially dilutive shares excluded as anti-dilutive	2,675		3,920		2,856		4,146
Weighted-average price per share	$	60.26	$	57.15	$	59.58	$	56.79