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EARNINGS PER SHARE (Tables)
12 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
The following table presents the calculation of the Company’s basic and diluted earnings per share for the fiscal years ended September 30:
(Thousands, except per share amounts)202120202019
Net income, as reported$117,890 $163,007 $123,935 
Basic earnings per share
Weighted average shares of common stock outstanding-basic96,227 94,798 89,242 
Basic earnings per common share$1.23$1.72$1.39
Diluted earnings per share
Weighted average shares of common stock outstanding-basic96,227 94,798 89,242 
Incremental shares (1)
333 305 354 
Weighted average shares of common stock outstanding-diluted96,560 95,103 89,596 
Diluted earnings per common share (2)
$1.22$1.71$1.38
(1)Incremental shares consist primarily of unvested stock awards and performance units.
(2)There were anti-dilutive shares of 74,000 excluded from the calculation of diluted earnings per share related to the equity forward sale agreement for fiscal 2020. There were no anti-dilutive shares excluded from the calculation of diluted earnings per share for fiscal 2021 and 2019