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Earnings Per Share (Tables)
3 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic Shares to Diluted Shares

The following table presents the reconciliation of the numerator and denominator for calculating net income per share:

 

 

 

Three Months Ended December 31,

 

in thousands, except per share data

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income - basic and diluted

 

$

19,044

 

 

$

20,941

 

Interest on Convertible Senior Notes, net of tax

 

 

1,911

 

 

 

1,831

 

Net income - diluted

 

$

20,955

 

 

$

22,772

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

38,839

 

 

 

37,180

 

Dilutive effect of restricted stock awards

 

 

854

 

 

 

1,506

 

Dilutive effect of the Notes

 

 

4,677

 

 

 

4,677

 

Weighted average common shares outstanding - diluted

 

 

44,370

 

 

 

43,363

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

Basic

 

$

0.49

 

 

$

0.56

 

Diluted

 

$

0.47

 

 

$

0.53