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Earnings per Share (EPS) and Common Stock (Tables)
9 Months Ended
Jun. 30, 2023
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

 

 

Nine months ended

 

 

 

June 30,
2023

 

 

June 30,
2022

 

 

June 30,
2023

 

 

June 30,
2022

 

Net income

 

$

61,398

 

 

$

70,476

 

 

$

199,937

 

 

$

206,244

 

Weighted-average shares outstanding—Basic

 

 

118,483

 

 

 

117,073

 

 

 

118,186

 

 

 

117,114

 

Dilutive effect of restricted stock units

 

 

909

 

 

 

895

 

 

 

886

 

 

 

983

 

Weighted-average shares outstanding—Diluted

 

 

119,392

 

 

 

117,968

 

 

 

119,072

 

 

 

118,097

 

Earnings per share—Basic

 

$

0.52

 

 

$

0.60

 

 

$

1.69

 

 

$

1.76

 

Earnings per share—Diluted

 

$

0.51

 

 

$

0.60

 

 

$

1.68

 

 

$

1.75