XML 64 R50.htm IDEA: XBRL DOCUMENT v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - IMPACT OF ASC 740 ON UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2021
Mar. 31, 2020
OPERATING EXPENSES            
Depreciation and amortization $ 26,848   $ 27,516   $ 54,210 $ 52,153
Total operating expenses 600,979   541,131   943,804 1,051,549
Operating income 201,208   98,483   312,688 203,101
Income before income taxes and equity in earnings of affiliates 186,062   86,541   281,873 175,375
Income tax provision (benefit) 39,057   16,284   56,498 32,755
Net income $ 149,809 $ 81,045 $ 73,846 $ 75,752 $ 230,854 $ 149,598
EARNINGS PER COMMON SHARE            
Basic (usd per share) $ 1.56   $ 0.78   $ 2.40 $ 1.60
Diluted (usd per share) $ 1.55   $ 0.77   $ 2.39 $ 1.59
As Previously Reported            
OPERATING EXPENSES            
Depreciation and amortization     $ 30,784     $ 58,542
Total operating expenses     544,399     1,057,938
Operating income     95,215     196,712
Income before income taxes and equity in earnings of affiliates     83,273     168,986
Income tax provision (benefit)     (1,643)     (1,902)
Net income     $ 88,505 89,361   $ 177,866
EARNINGS PER COMMON SHARE            
Basic (usd per share)     $ 0.93     $ 1.90
Diluted (usd per share)     $ 0.92     $ 1.89
Effect of Change            
OPERATING EXPENSES            
Depreciation and amortization     $ (3,268)     $ (6,389)
Total operating expenses     (3,268)     (6,389)
Operating income     3,268     6,389
Income before income taxes and equity in earnings of affiliates     3,268     6,389
Income tax provision (benefit)     17,927     34,657
Net income     $ (14,659) $ (13,609)   $ (28,268)
EARNINGS PER COMMON SHARE            
Basic (usd per share)     $ (0.15)     $ (0.30)
Diluted (usd per share)     $ (0.15)     $ (0.30)