XML 20 R9.htm IDEA: XBRL DOCUMENT v3.3.1.900
Earnings Per Common Share
3 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE

The computation of basic and diluted earnings per share for the three months ended December 31, 2015 and 2014 is as follows:
 
 
Three Months Ended
(In thousands, except per share amounts)
Net
Income
 
Shares
 
Per Share
Amount
December 31, 2015
 
 
 
 
 
Basic earnings per share
$
39,081

 
64,765

 
$
0.60

Effect of dilutive securities:
 
 
 
 
 
Stock options

 

 

Restricted stock and performance units

 
156

 

Diluted earnings per share
$
39,081

 
64,921

 
$
0.60

December 31, 2014
 
 
 
 
 
Basic earnings per share
$
46,218

 
64,405

 
0.72

Effect of dilutive securities:
 
 
 
 
 
Stock options

 
99

 

Restricted stock and performance units

 
511

 
(0.01
)
Diluted earnings per share
$
46,218

 
65,015

 
$
0.71



For the purpose of calculating diluted earnings per share for the three months ended December 31, 2015, there were approximately 1,584,000 anti-dilutive securities and for the three months ended December 31, 2014, there were approximately 600,000 anti-dilutive securities.