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Earnings Per Share
6 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
We compute basic earnings per share by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common and potential common share include the weighted average of additional shares associated with the incremental effect of dilutive restricted stock and restricted stock units.
The following table reconciles basic and diluted weighted average shares used in the computation of earnings per share (in thousands, except per share data):
 Three months ended March 31,Six months ended March 31,
 2024202320242023
Numerator:  
Net income$33,488 $8,473 $57,573 $9,636 
Denominator:    
Weighted average basic shares11,992 11,878 11,966 11,869 
Dilutive effect of restricted stock and restricted stock units199 271 201 240 
Weighted average diluted shares12,191 12,149 12,167 12,109 
Earnings per share:    
Basic$2.79 $0.71 $4.81 $0.81 
Diluted$2.75 $0.70 $4.73 $0.80