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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2023
Accounting Policies [Abstract]  
Earnings Per Share Basic And Diluted

The following table presents the calculation for both basic and diluted EPS:

 

(in thousands, except per share data)

 

Year ended September 30,

 

 

 

2023

 

 

2022

 

 

2021

 

Net income

 

$

245,540

 

 

$

313,081

 

 

$

476,923

 

Weighted average shares outstanding

 

 

118,341

 

 

 

117,194

 

 

 

116,836

 

Dilutive effect of employee stock options, restricted shares and restricted stock units

 

 

993

 

 

 

1,039

 

 

 

1,531

 

Diluted weighted average shares outstanding

 

 

119,334

 

 

 

118,233

 

 

 

118,367

 

Earnings per share—Basic

 

$

2.07

 

 

$

2.67

 

 

$

4.08

 

Earnings per share—Diluted

 

$

2.06

 

 

$

2.65

 

 

$

4.03