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Earnings Per Share
 6 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic income per share is calculated by dividing net income by the weighted-average number of shares outstanding during the period. Diluted income per share adjusts the basic income per share for the effects of any potentially dilutive securities in periods in which the Company has net income and such effects are dilutive under the treasury stock method.
Following is a summary of the components of basic and diluted income per share for the periods presented:
Three Months Ended March 31,Six Months Ended March 31,
in thousands (except per share data)2025202420252024
Numerator:
Income from continuing operations$12,778 $39,171 $15,908 $60,899 
Income (loss) from discontinued operations, net of tax— — — — 
Net income$12,778 $39,171 $15,908 $60,899 
Denominator:
Basic weighted-average shares30,119 30,769 30,274 30,681 
Dilutive effect of restricted stock awards146 357 201 375 
Dilutive effect of stock options— 7 4 8 
Diluted weighted-average shares(a)
30,265 31,133 30,479 31,064 
Basic income per share:
Continuing operations$0.42 $1.27 $0.53 $1.98 
Discontinued operations— — — — 
Total$0.42 $1.27 $0.53 $1.98 
Diluted income per share:
Continuing operations$0.42 $1.26 $0.52 $1.96 
Discontinued operations— — — — 
Total$0.42 $1.26 $0.52 $1.96 
(a) The following potentially dilutive shares were excluded from the calculation of diluted income per share as a result of their anti-dilutive effect.
Three Months Ended March 31,Six Months Ended March 31,
in thousands2025202420252024
Stock options1 — 1 — 
Time-based restricted stock179 1 102 2 
Performance-based restricted stock48 — — —