EARNINGS PER SHARE (EPS)

3 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

EARNINGS PER SHARE (EPS)

EARNINGS PER SHARE (EPS)

Basic EPS 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 plus additional common shares that could be issued in connection with stock based compensation.

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

	Three Months Ended December 31,
	2021	2020
Common shares outstanding	56,304	56,490
Unallocated ESOP shares	(1,816)	(2,010)
Non-vested restricted stock	(2,869)	(3,687)
Impact of weighted average shares	(441)	(197)
Weighted average shares outstanding - basic	51,178	50,596
Incremental shares from stock based compensation	2,575	2,596
Weighted average shares outstanding - diluted	53,753	53,192