EARNINGS PER SHARE

9 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table presents the calculation of the Company's basic and diluted earnings per share for:

	Three Months Ended					Nine Months Ended
	June 30,					June 30,
(Thousands, except per share amounts)	2013		2012			2013		2012
Net income (loss), as reported	$	29,155	$	(10,320	)	$	134,830	$	101,572
Basic earnings per share
Weighted average shares of common stock outstanding-basic	41,608		41,560			41,697		41,501
Basic earnings (loss) per common share	$0.70		$(0.25)			$3.23		$2.45
Diluted earnings per share
Weighted average shares of common stock outstanding-basic	41,608		41,560			41,697		41,501
Incremental shares (1)	124		—			123		142
Weighted average shares of common stock outstanding-diluted	41,732		41,560			41,820		41,643
Diluted earnings (loss) per common share (2)	$0.70		$(0.25)			$3.22		$2.44

(1) Incremental shares consist of stock options, stock awards and performance units.

(2) Since there was a net loss for the three months ended June 30, 2012, incremental shares of 140 were not included in the computation of diluted loss per common share, as their effect would have been anti-dilutive. There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for the three and nine months endedJune 30, 2013 and the nine months endedJune 30, 2012.