EARNINGS PER SHARE

3 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS PER SHARE

8. 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)	2022		2021
Net income, as reported	$	115,921	$	111,312
Basic earnings per share
Weighted average shares of common stock outstanding-basic	96,485		95,944
Basic earnings per common share	$1.20		$1.16
Diluted earnings per share
Weighted average shares of common stock outstanding-basic	96,485		95,944
Incremental shares (1)	598		412
Weighted average shares of common stock outstanding-diluted	97,083		96,356
Diluted earnings per common share	$1.19		$1.16

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