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EARNINGS PER SHARE
 9 Months Ended
Jun. 30, 2014
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)
2014
2013
2014
2013
Net (loss) income
$
(14,274
)
$
29,155

$
166,390

$
134,830

Basic earnings per share




Weighted average shares of common stock outstanding-basic
42,117

41,608

42,072

41,697

Basic (loss) earnings per common share
$(0.34)
$0.70
$3.95
$3.23
Diluted earnings per share




Weighted average shares of common stock outstanding-basic
42,117

41,608

42,072

41,697

Incremental shares (1)
—

124

384

123

Weighted average shares of common stock outstanding-diluted
42,117

41,732

42,456

41,820

Diluted earnings per common share (2)
$(0.34)
$0.70
$3.92
$3.22
(1)
Incremental shares consist of stock options, stock awards and performance shares.
(2)
Since there was a net loss for the three months ended June 30, 2014, incremental shares of 384 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 nine months ended June 30, 2014, and for the three and nine months ended June 30, 2013.