Earnings per Share

12 Months Ended

Sep. 30, 2019

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 2019, 2018 and 2017: 

	Year Ended September 30,
	2019		2018		2017
			As Adjusted		As Adjusted
	(In thousands, except per share data)
Numerator for basic and diluted earnings per share — net income	$	192,124	$	126,482	$	133,414
Denominator — share:
Basic weighted-average shares	28,980		29,711		30,862
Effect of dilutive securities	1,314		1,469		1,383
Diluted weighted-average shares	30,294		31,180		32,245
Earnings per share:
Basic	$	6.63	$	4.26	$	4.32
Diluted	$	6.34	$	4.06	$	4.14

The computation of diluted EPS excludes options to purchase approximately 4,000, 5,000, and 8,000 shares of common stock for fiscal 2019, 2018 and 2017, 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.