Earnings per Share

6 Months Ended

Mar. 31, 2023

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 and six-month periods ended March 31, 2023 and 2022: 

	Quarter Ended March 31,				Six Months Ended March 31,
	2023		2022		2023		2022
	(In thousands, except per share data)
Numerator for diluted and basic earnings per share:
Net income	$	101,550	$	104,383	$	199,193	$	189,342
Denominator — share:
Basic weighted-average shares	25,116		26,145		25,080		26,662
Effect of dilutive securities	303		276		351		316
Diluted weighted-average shares	25,419		26,421		25,431		26,978
Earnings per share:
Basic	$	4.04	$	3.99	$	7.94	$	7.10
Diluted	$	4.00	$	3.95	$	7.83	$	7.02