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EARNINGS PER SHARE (Tables)

9 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

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)	2016			2015			2016			2015
Net (loss) income, as reported	$	(17,363	)	$	(7,460	)	$	106,272		$	176,763
Basic earnings per share
Weighted average shares of common stock outstanding-basic	85,960			85,449			85,823			85,110
Basic (loss) earnings per common share	$(.20)			$(.09)			$1.24			$2.08
Diluted earnings per share
Weighted average shares of common stock outstanding-basic	85,960			85,449			85,823			85,110
Incremental shares ⁽¹⁾	—			—			868			1,018
Weighted average shares of common stock outstanding-diluted	85,960			85,449			86,691			86,128
Diluted (loss) earnings per common share ⁽²⁾	$(.20)			$(.09)			$1.23			$2.05


(1)	Incremental shares consist primarily of unvested stock awards and performance shares.


(2)	Since there was a net loss for the three months ended June 30, 2016, and 2015, incremental shares of 897 and 1,018, respectively, 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, 2016 and 2015.