Note 3 - Earnings Per Common Share - Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 9 Months Ended | ||||
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Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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Net income | $ (12.6) | $ (21.6) | $ 276.8 | $ 248.6 | ||
Provision for preferred dividends | 3.7 | 3.7 | 11.1 | 11.1 | ||
(Loss) income allocated to participating securities | 0.0 | (0.1) | 0.4 | 0.4 | ||
(Loss) Income Available to Common Shareholders | $ (16.3) | $ (25.2) | $ 265.3 | $ 237.1 | ||
Basic (in shares) | 57.7 | 52.5 | 55.6 | 52.5 | ||
Basic (Loss) Earnings Per Common Share (in dollars per share) | $ (0.28) | $ (0.48) | $ 4.77 | $ 4.52 | ||
Dilutive Effect of forward sales of common stock, restricted stock and restricted stock units (in millions)* (in shares) | [1] | 0.0 | 0.0 | 0.1 | 0.1 | |
Weighted Average Diluted Common Shares (in millions) (in shares) | 57.7 | 52.5 | 55.7 | 52.6 | ||
Diluted (Loss) Earnings Per Common Share (in dollars per share) | $ (0.28) | $ (0.48) | $ 4.76 | $ 4.51 | ||
* Calculation excludes certain outstanding or potential common shares (shown in millions by period at the right) attributable to (1) forward sales of common stock, (2) stock units subject to performance or market conditions and (3) restricted stock, which could have a dilutive effect in the future (in shares) | 0.4 | 2.7 | 0.4 | 2.5 | ||
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- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. No definition available.
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- Definition Amount of undistributed earnings (loss) allocated to participating securities for the basic earnings (loss) per share or per unit calculation under the two-class method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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