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EARNINGS PER SHARE (Tables)
6 Months Ended
Mar. 31, 2022
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 EndedSix Months Ended
March 31,March 31,
(Thousands, except per share amounts)2022202120222021
Net income, as reported$96,035 $149,809 $207,347 $230,854 
Basic earnings per share
Weighted average shares of common stock outstanding-basic96,068 96,248 96,006 96,181 
Basic earnings per common share$1.00$1.56$2.16$2.40
Diluted earnings per share
Weighted average shares of common stock outstanding-basic96,068 96,248 96,006 96,181 
Incremental shares (1)
448 370 474 417 
Weighted average shares of common stock outstanding-diluted96,516 96,618 96,480 96,598 
Diluted earnings per common share (2)
$1.00$1.55$2.15$2.39
(1)Incremental shares consist primarily of unvested stock awards and performance shares.
(2)There were anti-dilutive shares of 24,101 and 65,334 excluded from the calculation of diluted earnings per share related to an equity forward sale agreement during the three and six months ended March 31, 2021, respectively.