Earnings per Share

3 Months Ended

Dec. 31, 2020

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”) for the quarters ended December 31, 2020 and 2019: 

	Quarter Ended December 31,
	2020		2019
	(In thousands, except per share data)
Numerator for diluted and basic earnings per share:
Net income	$	86,492	$	54,921
Denominator - share:
Basic weighted-average shares	29,127		29,025
Effect of dilutive securities	662		1,144
Diluted weighted-average shares	29,789		30,169
Earnings per share:
Basic	$	2.97	$	1.89
Diluted	$	2.90	$	1.82