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Earnings per Share (EPS) and Common Stock (Tables)
3 Months Ended
Dec. 31, 2024
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

 

 

 

December 31,
2024

 

 

December 31,
2023

 

Net income

 

$

82,232

 

 

$

66,387

 

Weighted-average shares outstanding—Basic

 

 

120,243

 

 

 

119,124

 

Dilutive effect of restricted stock units

 

 

902

 

 

 

1,126

 

Weighted-average shares outstanding—Diluted

 

 

121,145

 

 

 

120,250

 

Earnings per share—Basic

 

$

0.68

 

 

$

0.56

 

Earnings per share—Diluted

 

$

0.68

 

 

$

0.55