Earnings per Share (Tables)

6 Months Ended

Mar. 31, 2020

Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share

The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) for the quarters and six-month periods ended March 31, 2020 and 2019:



	Quarter Ended March 31,				Six Months Ended March 31,
	2020		2019		2020		2019
	(In thousands, except per share data)
Numerator for diluted and basic earnings per share:
Net Income	$	58,288	$	33,381	$	113,209	$	73,388
Denominator - share:
Basic weighted-average shares	29,194		29,074		29,109		29,017
Effect of dilutive securities	791		1,185		967		1,280
Diluted weighted-average shares	29,985		30,259		30,076		30,297
Earnings per share:
Basic	$	2.00	$	1.15	$	3.89	$	2.53
Diluted	$	1.94	$	1.10	$	3.76	$	2.42