Earnings per Share (Tables)

3 Months Ended

Dec. 31, 2016

Earnings per Share

Schedule of computation of basic and diluted earnings per share

	Three Months Ended December 31,
	2016			2015
	(in thousands, except per share amounts)
Numerator:
Income (loss) from continuing operations	$	(34,554	)	$	15,898
Income (loss) from discontinued operations	(509		)	104
Net income	(35,063		)	16,002
Adjustment for basic earnings per share:
Earnings allocated to unvested shareholders	(446		)	(260		)
Numerator for basic earnings per share:
From continuing operations	(35,000		)	15,638
From discontinued operations	(509		)	104
	(35,509		)	15,742
Adjustment for diluted earnings per share:
Effect of reallocating undistributed earnings of unvested shareholders	—			—
Numerator for diluted earnings per share:
From continuing operations	(35,000		)	15,638
From discontinued operations	(509		)	104
	$	(35,509	)	$	15,742
Denominator:
Denominator for basic earnings per share — weighted-average shares	108,276			107,852
Effect of dilutive shares from stock options and restricted stock	—			557
Denominator for diluted earnings per share — adjusted weighted-average shares	108,276			108,409
Basic earnings per common share:
Income (loss) from continuing operations	$	(0.33	)	$	0.15
Income (loss) from discontinued operations	—			—
Net income	$	(0.33	)	$	0.15
Diluted earnings per common share:
Income (loss) from continuing operations	$	(0.33	)	$	0.15
Income (loss) from discontinued operations	—			—
Net income	$	(0.33	)	$	0.15

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

	Three Months Ended
	December 31,
	2016		2015
	(in thousands, except per share amounts)
Shares excluded from calculation of diluted earnings per share	555		1,899
Weighted-average price per share	$	80.63	$	63.66