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Earnings Per Share (Table)
12 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings per share table
Basic and diluted earnings per share for the fiscal years ended September 30 are calculated as follows:
 
2020
 
2019
 
2018
 
(In thousands, except per share data)
Basic Earnings Per Share
 
 
 
 
 
Net Income
$
601,443

 
$
511,406

 
$
603,064

Less: Income allocated to participating securities
444

 
416

 
580

Net Income available to common shareholders
$
600,999

 
$
510,990

 
$
602,484

Basic weighted average shares outstanding
122,788

 
117,200

 
111,012

Net Income per share — Basic
$
4.89

 
$
4.36

 
$
5.43

 
 
 
 
 
 
Diluted Earnings Per Share
 
 
 
 
 
Net Income available to common shareholders
$
600,999

 
$
510,990

 
$
602,484

Effect of dilutive shares

 

 

Net Income available to common shareholders
$
600,999

 
$
510,990

 
$
602,484

Basic weighted average shares outstanding
122,788

 
117,200

 
111,012

Dilutive shares
84

 
261

 

Diluted weighted average shares outstanding
122,872

 
117,461

 
111,012

Net Income per share — Diluted
$
4.89

 
$
4.35

 
$
5.43