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EARNINGS PER SHARE (Tables)
6 Months Ended 12 Months Ended
Mar. 31, 2015
Sep. 30, 2014
EARNINGS PER SHARE    
Computation of basic and diluted earnings per share

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31,

 

March 31,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

149,536

 

$

174,589

 

$

352,593

 

$

347,771

 

Loss from discontinued operations

 

1

 

(19

)

(14

)

(19

)

Net income

 

149,537

 

174,570

 

352,579

 

347,752

 

Adjustment for basic earnings per share:

 

 

 

 

 

 

 

 

 

Earnings allocated to unvested shareholders

 

(948

)

(1,035

)

(2,212

)

(2,027

)

Numerator for basic earnings per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

148,588

 

173,554

 

350,381

 

345,744

 

From discontinued operations

 

1

 

(19

)

(14

)

(19

)

 

 

148,589

 

173,535

 

350,367

 

345,725

 

Adjustment for diluted earnings per share:

 

 

 

 

 

 

 

 

 

Effect of reallocating undistributed earnings of unvested shareholders

 

3

 

8

 

9

 

17

 

Numerator for diluted earnings per share:

 

 

 

 

 

 

 

 

 

From continuing operations

 

148,591

 

173,562

 

350,390

 

345,761

 

From discontinued operations

 

1

 

(19

)

(14

)

(19

)

 

 

$

148,592

 

$

173,543

 

$

350,376

 

$

345,742

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share — weighted-average shares

 

107,646

 

107,692

 

107,812

 

107,417

 

Effect of dilutive shares from stock options and restricted stock

 

724

 

1,389

 

808

 

1,528

 

Denominator for diluted earnings per share — adjusted weighted-average shares

 

108,370

 

109,081

 

108,620

 

108,945

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

1.38

 

$

1.61

 

$

3.25

 

$

3.22

 

Income from discontinued operations

 

 

 

 

 

Net income

 

$

1.38

 

$

1.61

 

$

3.25

 

$

3.22

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

1.37

 

$

1.59

 

$

3.23

 

$

3.17

 

Income from discontinued operations

 

 

 

 

 

Net income

 

$

1.37

 

$

1.59

 

$

3.23

 

$

3.17

 

 

 

                                                                                                                                                                                    

 

 

September 30,

 

 

 

2014

 

2013

 

2012

 

 

 

(in thousands)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

708,766

 

$

721,453

 

$

573,609

 

Income (loss) from discontinued operations

 

 

(47

)

 

15,186

 

 

7,436

 

 

 

 

 

 

 

 

 

Net income

 

 

708,719

 

 

736,639

 

 

581,045

 

Adjustment for basic earnings per share

 

 

 

 

 

 

 

 

 

 

Earnings allocated to unvested shareholders

 

 

(4,145

)

 

(3,842

)

 

(2,246

)

 

 

 

 

 

 

 

 

Numerator for basic earnings per share:

 

 

 

 

 

 

 

 

 

 

From continuing operations

 

 

704,621

 

 

717,611

 

 

571,363

 

From discontinued operations

 

 

(47

)

 

15,186

 

 

7,436

 

 

 

 

 

 

 

 

 

 

 

 

704,574

 

 

732,797

 

 

578,799

 

Adjustment for diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

Effect of reallocating undistributed earnings of unvested shareholders

 

 

30

 

 

46

 

 

31

 

Numerator for diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

From continuing operations

 

 

704,651

 

 

717,657

 

 

571,394

 

From discontinued operations

 

 

(47

)

 

15,186

 

 

7,436

 

 

 

 

 

 

 

 

 

 

 

$

704,604

 

$

732,843

 

$

578,830

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share—weighted-average shares

 

 

107,800

 

 

106,286

 

 

106,819

 

Effect of dilutive shares from stock options and restricted stock

 

 

1,341

 

 

1,593

 

 

1,558

 

 

 

 

 

 

 

 

 

Denominator for diluted earnings per share—adjusted weighted-average shares

 

 

109,141

 

 

107,879

 

 

108,377

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

6.54

 

$

6.75

 

$

5.35

 

Income from discontinued operations

 

 

 

 

0.14

 

 

0.07

 

 

 

 

 

 

 

 

 

Net income

 

$

6.54

 

$

6.89

 

$

5.42

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

6.46

 

$

6.65

 

$

5.27

 

Income from discontinued operations

 

 

 

 

0.14

 

 

0.07

 

 

 

 

 

 

 

 

 

Net income

 

$

6.46

 

$

6.79

 

$

5.34

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares attributable to outstanding equity awards excluded from the calculation of diluted earnings per share

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31,

 

March 31,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

Shares excluded from calculation of diluted earnings per share

 

667 

 

215 

 

667 

 

256 

 

Weighted-average price per share

 

$

72.85 

 

$

79.67 

 

$

72.85 

 

$

79.67 

 

 

 

                                                                                                                                                                                    

 

 

2014

 

2013

 

2012

 

 

 

(in thousands, except per share amounts)

 

Shares excluded from calculation of diluted earnings per share

 

 

215 

 

 

743 

 

 

446 

 

Weighted-average price per share

 

$

79.67 

 

$

57.27 

 

$

59.68