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Earnings Per Share (Tables)
3 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

 

 

Three Months Ended

December 31,

 

 

 

2018

 

 

2017

 

Basic Earnings Per Share:

 

 

 

 

 

 

 

 

Net Income

 

$

67.3

 

 

$

116.0

 

Less: Income allocated to participating securities

 

 

0.1

 

 

 

0.2

 

Income Available to Common Shareholders

 

$

67.2

 

 

$

115.8

 

Weighted Average Shares Outstanding (in millions)

 

 

50.6

 

 

 

48.2

 

Basic Earnings Per Share

 

$

1.33

 

 

$

2.40

 

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

Net Income

 

$

67.3

 

 

$

116.0

 

Less: Income allocated to participating securities

 

 

0.1

 

 

 

0.2

 

Income Available to Common Shareholders

 

$

67.2

 

 

$

115.8

 

Weighted Average Shares Outstanding (in millions)

 

 

50.6

 

 

 

48.2

 

Dilutive Effect of Restricted Stock and Restricted Stock Units (in millions)*

 

 

0.2

 

 

 

0.2

 

Weighted Average Diluted Shares (in millions)

 

 

50.8

 

 

 

48.4

 

Diluted Earnings Per Share

 

$

1.32

 

 

$

2.39

 

 

 

 

 

 

 

 

 

 

* Calculation excludes certain outstanding shares (shown in millions by period at the

    right) attributable to stock units subject to performance or market conditions and

    restricted stock, which could have a dilutive effect in the future

 

 

0.4

 

 

 

0.3