Earnings Per Share

12 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Earnings Per Share

Note 21 — Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Year Ended September 30,
	2024			2023			2022
Numerator:
Net income attributable to Amdocs Limited	$	493,197		$	540,709		$	549,501
Net income and dividends attributable to participating restricted stock		(9,338	)		(9,169	)		(7,880	)
Numerator for basic earnings per common share	$	483,859		$	531,540		$	541,621
Undistributed income allocated to participating restricted stock		5,245			5,719			5,159
Undistributed income reallocated to participating restricted stock		(5,215	)		(5,679	)		(5,124	)
Numerator for diluted earnings per common share	$	483,889		$	531,580		$	541,656
Denominator:
Weighted average number of shares outstanding - basic		115,489			119,687			122,812
Weighted average number of participating restricted stock		(2,187	)		(2,030	)		(1,761	)
Weighted average number of common shares - basic		113,302			117,657			121,051
Effect of dilutive equity-based compensation awards		656			832			838
Weighted average number of common shares - diluted		113,958			118,489			121,889
Basic earnings per common share attributable to Amdocs Limited	$	4.27		$	4.52		$	4.47
Diluted earnings per common share attributable to Amdocs Limited	$	4.25		$	4.49		$	4.44

For the fiscal years ended September 30, 2024, 2023 and 2022, 48, 47 and 42 shares, respectively, on a weighted average basis, were attributable to antidilutive outstanding equity-based compensation awards. Shares attributable to antidilutive outstanding stock equity-based compensation awards were not included in the calculation of diluted earnings per share.