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Earnings per Share (EPS) and Common Stock (Tables)
3 Months Ended
Dec. 31, 2022
Earnings Per Share And Common Stock [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)

 

Three months ended

 

 

 

December 31,
2022

 

 

December 31,
2021

 

Net income

 

$

75,035

 

 

$

46,089

 

Weighted-average shares outstanding—Basic

 

 

117,819

 

 

 

117,347

 

Dilutive effect of restricted stock units

 

 

969

 

 

 

1,251

 

Weighted-average shares outstanding—Diluted

 

 

118,788

 

 

 

118,598

 

Earnings per share—Basic

 

$

0.64

 

 

$

0.39

 

Earnings per share—Diluted

 

$

0.63

 

 

$

0.39