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EARNINGS PER SHARE (EPS)
6 Months Ended
Mar. 31, 2024
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 March 31,Six Months Ended March 31,
 2024202320242023
Common shares outstanding49,637 57,205 49,637 57,205 
Unallocated ESOP shares(131)(933)(131)(933)
Non-vested restricted stock(2,337)(3,113)(2,337)(3,113)
Impact of weighted average shares777 (121)1,196 (350)
Weighted average shares outstanding - basic47,946 53,038 48,365 52,809 
Incremental shares from stock-based compensation1,985 — 2,349 — 
Weighted average shares outstanding - diluted49,931 53,038 50,714 52,809 
Anti-dilutive restricted stock excluded from diluted EPS computation— 2,326 — 2,525 
Shares of the ESOP that have been allocated to employee accounts are treated as outstanding in determining earnings per share.