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Earnings per Share (EPS) and Common Stock (Tables)
9 Months Ended
Jun. 30, 2022
Earnings Per Share And Common Stock [Abstract]  
Earnings per Share Basic and Diluted

The following table presents the calculation for both basic and diluted EPS:

(in thousands, except per share data)

 

Three months ended

 

 

Nine months ended

 

 

 

June 30,
2022

 

 

June 30,
2021

 

 

June 30,
2022

 

 

June 30,
2021

 

Net income

 

$

70,476

 

 

$

51,203

 

 

$

206,244

 

 

$

183,980

 

Weighted-average shares outstanding—Basic

 

 

117,073

 

 

 

116,934

 

 

 

117,114

 

 

 

116,702

 

Dilutive effect of restricted stock units

 

 

895

 

 

 

1,677

 

 

 

983

 

 

 

1,479

 

Weighted-average shares outstanding—Diluted

 

 

117,968

 

 

 

118,611

 

 

 

118,097

 

 

 

118,181

 

Earnings per share—Basic

 

$

0.60

 

 

$

0.44

 

 

$

1.76

 

 

$

1.58

 

Earnings per share—Diluted

 

$

0.60

 

 

$

0.43

 

 

$

1.75

 

 

$

1.56