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EARNINGS PER SHARE (Tables)
 9 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table presents the computation of basic and diluted earnings per share:
 
Three months ended June 30,
 
Nine months ended June 30,
 
2015
 
2014
 
2015
 
2014
 
(in thousands, except per share amounts)
Income for basic earnings per common share:
 
 
 
 
 
 
 
Net income attributable to RJF
$
133,195

 
$
122,689

 
$
372,954

 
$
343,882

Less allocation of earnings and dividends to participating securities (1)
(410
)
 
(710
)
 
(1,235
)
 
(2,250
)
Net income attributable to RJF common shareholders
$
132,785

 
$
121,979

 
$
371,719

 
$
341,632

 
 
 
 
 
 
 
 
Income for diluted earnings per common share:
 

 
 

 
 
 
 
Net income attributable to RJF
$
133,195

 
$
122,689

 
$
372,954

 
$
343,882

Less allocation of earnings and dividends to participating securities (1)
(403
)
 
(696
)
 
(1,211
)
 
(2,206
)
Net income attributable to RJF common shareholders
$
132,792

 
$
121,993

 
$
371,743

 
$
341,676

 
 
 
 
 
 
 
 
Common shares:
 

 
 

 
 
 
 
Average common shares in basic computation
143,252

 
140,270

 
142,303

 
139,747

Dilutive effect of outstanding stock options and certain restricted stock units
3,241

 
3,715

 
3,567

 
3,565

Average common shares used in diluted computation
146,493

 
143,985

 
145,870

 
143,312

 
 
 
 
 
 
 
 
Earnings per common share:
 

 
 

 
 
 
 
Basic
$
0.93

 
$
0.87

 
$
2.61

 
$
2.44

Diluted
$
0.91

 
$
0.85

 
$
2.55

 
$
2.38

Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive
1,900

 
233

 
2,945

 
392


(1)
Represents dividends paid during the period to participating securities plus an allocation of undistributed earnings to participating securities.  Participating securities represent unvested restricted stock and certain restricted stock units and amounted to weighted-average shares of 449 thousand and 819 thousand for the three months ended June 30, 2015 and 2014, respectively. Participating securities amounted to weighted-average shares of 478 thousand and 924 thousand for the nine months ended June 30, 2015 and 2014, respectively. Dividends paid to participating securities amounted to $100 thousand for both the three months ended June 30, 2015 and 2014.  Dividends paid to participating securities amounted to $200 thousand and $400 thousand for the nine months ended June 30, 2015 and 2014, respectively.  Undistributed earnings are allocated to participating securities based upon their right to share in earnings if all earnings for the period had been distributed.
Dividends per Common Share Declared and Paid
Dividends per common share declared and paid are as follows:
 
Three months ended June 30,
 
Nine months ended June 30,
 
2015
 
2014
 
2015
 
2014
Dividends per common share - declared
$
0.18

 
$
0.16

 
$
0.54

 
$
0.48

Dividends per common share - paid
$
0.18

 
$
0.16

 
$
0.52

 
$
0.46