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EARNINGS PER SHARE (Tables)
 6 Months Ended
Mar. 31, 2016
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 March 31,
 
Six months ended March 31,
 
2016
 
2015
 
2016
 
2015
 
(in thousands, except per share amounts)
Income for basic earnings per common share:
 
 
 
 
 
 
 
Net income attributable to RJF
$
125,847

 
$
113,463

 
$
232,176

 
$
239,759

Less allocation of earnings and dividends to participating securities (1)
(313
)
 
(371
)
 
(549
)
 
(823
)
Net income attributable to RJF common shareholders
$
125,534

 
$
113,092

 
$
231,627

 
$
238,936

 
 
 
 
 
 
 
 
Income for diluted earnings per common share:
 

 
 

 
 
 
 
Net income attributable to RJF
$
125,847

 
$
113,463

 
$
232,176

 
$
239,759

Less allocation of earnings and dividends to participating securities (1)
(309
)
 
(364
)
 
(541
)
 
(803
)
Net income attributable to RJF common shareholders
$
125,538

 
$
113,099

 
$
231,635

 
$
238,956

 
 
 
 
 
 
 
 
Common shares:
 

 
 

 
 
 
 
Average common shares in basic computation
141,472

 
142,320

 
142,273

 
141,813

Dilutive effect of outstanding stock options and certain restricted stock units
2,540

 
3,730

 
2,774

 
4,375

Average common shares used in diluted computation
144,012

 
146,050

 
145,047

 
146,188

 
 
 
 
 
 
 
 
Earnings per common share:
 

 
 

 
 
 
 
Basic
$
0.89

 
$
0.79

 
$
1.63

 
$
1.68

Diluted
$
0.87

 
$
0.77

 
$
1.60

 
$
1.64

Stock options and certain restricted stock units excluded from weighted-average diluted common shares because their effect would be antidilutive
3,234

 
2,062

 
3,270

 
2,294


(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 362 thousand and 472 thousand for the three months ended March 31, 2016 and 2015, respectively. Participating securities represent unvested restricted stock and certain restricted stock units and amounted to weighted-average shares of 350 thousand and 493 thousand for the six months ended March 31, 2016 and 2015, respectively. Dividends paid to participating securities amounted to $65 thousand and $81 thousand for the three months ended March 31, 2016 and 2015, respectively.  Dividends paid to participating securities amounted to $114 thousand and $159 thousand for the six months ended March 31, 2016 and 2015, 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 March 31,
 
Six months ended March 31,
 
2016
 
2015
 
2016
 
2015
Dividends per common share - declared
$
0.20

 
$
0.18

 
$
0.40

 
$
0.36

Dividends per common share - paid
$
0.20

 
$
0.18

 
$
0.38

 
$
0.34