Earnings per Share

6 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings per Share

13. Earnings per Share

The calculations of basic and diluted net income per share and basic and diluted weighted average shares outstanding are as follows for the three and six months ended March 31, 2020 and 2019 (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Income (loss) from continuing operations	$	9,192	$	(2,829)	$	22,366	$	3,437
(Loss) income from discontinued operations, net of tax		(65)		6,250		(182)		14,399
Net income	$	9,127	$	3,421	$	22,184	$	17,836
Weighted average common shares outstanding used in computing basic earnings per share		73,708		72,077		73,331		71,760
Dilutive restricted stock units		81		215		421		455
Weighted average common shares outstanding used in computing diluted earnings per share		73,789		72,292		73,752		72,215
Basic net income per share:
Income (loss) from continuing operations	$	0.12	$	(0.04)	$	0.30	$	0.05
(Loss) income from discontinued operations, net of tax		(0.00)		0.09		(0.00)		0.20
Basic net income per share	$	0.12	$	0.05	$	0.30	$	0.25
Diluted net income per share:
Income (loss) from continuing operations	$	0.12	$	(0.04)	$	0.30	$	0.05
(Loss) income from discontinued operations, net of tax		(0.00)		0.09		(0.00)		0.20
Diluted net income per share	$	0.12	$	0.05	$	0.30	$	0.25
Dividend declared per share	$	0.10	$	0.10	$	0.20	$	0.20

During the three and six months ended March 31, 2020, antidilutive restricted stock units of 190,723 and 167,161, respectively, were excluded from the computation of diluted earnings per share based on the treasury stock method. During the three and six months ended March 31, 2019, antidilutive restricted stock units of 4,599 and 8,751, respectively, were excluded from the computation of diluted earnings per share based on the treasury stock method.