Earnings Per Share

12 Months Ended

Sep. 30, 2015

Earnings per Share

The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) during fiscal 2015, 2014 and 2013:



	Year Ended September 30,
	2015		2014		2013
	(In thousands, except per share data)
Numerator for basic and diluted earnings per share — net income	$	86,502	$	94,879	$	90,095
Denominator — share:
Basic weighted-average shares	31,402		33,870		35,332
Effect of dilutive securities	1,207		994		960
Diluted weighted-average shares	32,609		34,864		36,292
Earnings per share:
Basic	$	2.75	$	2.80	$	2.55
Diluted	$	2.65	$	2.72	$	2.48

The computation of diluted EPS excludes options to purchase approximately 138,000, 11,000, and 111,000 shares of common stock for fiscal 2015, 2014 and 2013, respectively, because the options’ exercise prices exceeded the average market price of our common stock in these fiscal years and their inclusion would be antidilutive.