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EARNINGS PER SHARE (EPS)

3 Months Ended

Dec. 31, 2018

Basic EPS (and diluted EPS in periods when a loss exists) was calculated by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted EPS was calculated by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding.

The following table is a reconciliation of the share amounts (in thousands) used in computing earnings per share:



	Three Months Ended December 31,
	2018	2017
Weighted average shares outstanding - basic	40,750	41,923
Incremental shares from stock based compensation	1,138	1,413
Weighted average shares outstanding - diluted	41,888	43,336