XML 20 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share
9 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE

The computation of basic and diluted earnings per share for the three and nine months ended June 30, 2014 and 2013 is as follows:
 
 
Three Months Ended
 
Nine Months Ended
(In thousands, except per share amounts)
Net
Income
 
Shares
 
Per Share
Amount
 
Net Income
 
Shares
 
Per Share
Amount
June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
$
71,925

 
64,309
 
$
1.12

 
$
228,622

 
64,204

 
$
3.56

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options

 
216
 
$

 

 
250

 
$
(0.01
)
Restricted stock

 
535
 
$
(0.01
)
 

 
569

 
$
(0.03
)
Diluted earnings per share
$
71,925

 
65,060
 
$
1.11

 
$
228,622

 
65,023

 
$
3.52

June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
$
89,981

 
65,062
 
$
1.38

 
$
248,331

 
65,441

 
$
3.79

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options

 
304
 
$

 

 
367

 
$
(0.02
)
Restricted stock

 
492
 
$
(0.01
)
 

 
372

 
$
(0.02
)
Diluted earnings per share
$
89,981

 
65,858
 
$
1.37

 
$
248,331

 
66,180

 
$
3.75



For the purpose of calculating diluted earnings per share for each of the three and nine months ended June 30, 2014, no anti-dilutive stock options were outstanding. For each of the three and nine months ended June 30, 2013, the calculation excludes shares of common stock related to approximately 283,000 outstanding anti-dilutive stock options.