Earnings per Share

12 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) during fiscal 2018, 2017 and 2016:

	Year Ended September 30,
	2018		2017		2016
	(In thousands, except per share data)
Numerator for basic and diluted earnings per share — net income	$	142,415	$	128,256	$	109,448
Denominator — share:
Basic weighted-average shares	29,711		30,862		31,129
Effect of dilutive securities	1,469		1,383		1,179
Diluted weighted-average shares	31,180		32,245		32,308
Earnings per share:
Basic	$	4.79	$	4.16	$	3.52
Diluted	$	4.57	$	3.98	$	3.39

The computation of diluted EPS excludes options to purchase approximately 5,000, 8,000, and 9,000 shares of common stock for fiscal 2018, 2017 and 2016, respectively, because the exercise prices of the options exceeded the average market price of our common stock in these fiscal years and their inclusion would be antidilutive.