Earnings per Share

9 Months Ended

Jun. 30, 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 nine-month periods ended June 30, 2023 and 2022: 

	Quarter Ended June 30,				Nine Months Ended June 30,
	2023		2022		2023		2022
	(In thousands, except per share data)
Numerator for diluted and basic earnings per share:
Net income	$	128,758	$	93,500	$	327,951	$	282,842
Denominator — share:
Basic weighted-average shares	24,959		25,634		25,040		26,319
Effect of dilutive securities	378		233		359		289
Diluted weighted-average shares	25,337		25,867		25,399		26,608
Earnings per share:
Basic	$	5.16	$	3.65	$	13.10	$	10.75
Diluted	$	5.08	$	3.61	$	12.91	$	10.63