Earnings per Share

6 Months Ended

Mar. 31, 2024

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, 2024 and 2023: 

	Quarter Ended March 31,				Six Months Ended March 31,
	2024		2023		2024		2023
	(In thousands, except per share data)
Numerator for diluted and basic earnings per share:
Net income	$	129,799	$	101,550	$	250,864	$	199,193
Denominator — share:
Basic weighted-average shares	24,819		25,116		24,791		25,080
Effect of dilutive securities	335		303		395		351
Diluted weighted-average shares	25,154		25,419		25,186		25,431
Earnings per share:
Basic	$	5.23	$	4.04	$	10.12	$	7.94
Diluted	$	5.16	$	4.00	$	9.96	$	7.83