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Earnings per Share (EPS) and Common Stock (Tables)
6 Months Ended
Mar. 31, 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

 

 

Six months ended

 

 

 

March 31,

2022

 

 

March 31,

2021

 

 

March 31,

2022

 

 

March 31,

2021

 

Net income

 

$

89,679

 

 

$

109,262

 

 

$

135,768

 

 

$

132,777

 

Weighted-average shares outstanding—Basic

 

 

117,008

 

 

 

116,777

 

 

 

117,135

 

 

 

116,587

 

Dilutive effect of restricted stock units

 

 

803

 

 

 

1,554

 

 

 

1,027

 

 

 

1,379

 

Weighted-average shares outstanding—Diluted

 

 

117,811

 

 

 

118,331

 

 

 

118,162

 

 

 

117,966

 

Earnings per share—Basic

 

$

0.77

 

 

$

0.94

 

 

$

1.16

 

 

$

1.14

 

Earnings per share—Diluted

 

$

0.76

 

 

$

0.92

 

 

$

1.15

 

 

$

1.13