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EARNINGS PER COMMON SHARE
 3 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE

The computation of basic and diluted earnings per share for the three months ended December 31, 2016 and 2015 is as follows:
 
 
Three Months Ended
(In thousands, except per share amounts)
Net Income
 
Shares
 
Per Share Amount
December 31, 2016
 
 
 
 
 
Basic earnings per share
$
9,671

 
64,879

 
$
0.15

Effect of dilutive securities:
 
 
 
 
 
Restricted stock and performance units
—

 
292

 
—

Diluted earnings per share
$
9,671

 
65,171

 
$
0.15

December 31, 2015
 
 
 
 
 
Basic earnings per share
$
39,081

 
64,765

 
0.60

Effect of dilutive securities:
 
 
 
 
 
Restricted stock and performance units
—

 
156

 
—

Diluted earnings per share
$
39,081


64,921

 
$
0.60



For the purpose of calculating diluted earnings per share for the three months ended December 31, 2016, there were approximately 3,401,718 anti-dilutive securities and for the three months ended December 31, 2015, there were approximately 1,584,000 anti-dilutive securities.