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Earnings Per Common Share
9 Months Ended
Jun. 30, 2012
Earnings Per Common Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE

The computation of basic and diluted earnings per share is as follows (in thousands, except per share amounts):
 
 
Three Months Ended
 
Nine Months Ended
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net Income
 
Shares
 
Per Share
Amount
June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
$
51,711

 
65,362
 
$
0.79

 
$
176,645

 
65,221
 
$
2.71

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options

 
461
 
$

 

 
494
 
$
(0.02
)
Diluted earnings per share
$
51,711

 
65,823
 
$
0.79

 
$
176,645

 
65,715
 
$
2.69

June 30, 2011
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
$
75,285

 
64,820
 
$
1.16

 
$
198,747

 
64,689
 
$
3.07

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options

 
650
 
$
(0.01
)
 

 
666
 
$
(0.03
)
Diluted earnings per share
$
75,285

 
65,470
 
$
1.15

 
$
198,747

 
65,355
 
$
3.04



The calculation of diluted earnings per share for the three and nine months ended June 30, 2012 and 2011 excludes shares of common stock related to approximately 672,000 and 684,000 outstanding stock options, respectively, because such options were anti-dilutive. These options could potentially dilute basic earnings per share in the future.