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EARNINGS PER SHARE
3 Months Ended
Dec. 31, 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
 
December 31,
(Thousands, except per share amounts)
2014
2013
Net income, as reported
$
123,320

$
7,693

Basic earnings per share


Weighted average shares of common stock outstanding-basic
42,276

42,021

Basic earnings per common share
$2.92
$0.18
Diluted earnings per share


Weighted average shares of common stock outstanding-basic
42,276

42,021

Incremental shares (1)
511

218

Weighted average shares of common stock outstanding-diluted
42,787

42,239

Diluted earnings per common share (2)
$2.88
$0.18
(1)
Incremental shares consist primarily of stock awards and performance shares.
(2)
There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for the three months ended December 31, 2014, and 2013.