Earnings Per Share (EPS)

3 Months Ended

Dec. 31, 2011

Earnings Per Share (EPS) [Abstract]

Earnings Per Share (EPS)

2. EARNINGS PER SHARE (EPS)

Basic EPS is calculated using the weighted average number of common shares outstanding during the period. Diluted EPS is calculated using the weighted average number of common shares outstanding during the period plus shares issuable upon the assumed exercise of dilutive common share options and vesting of performance-accelerated restricted shares (restricted shares) by using the treasury stock method. The number of shares used in the calculation of earnings per share for each period presented is as follows (in thousands):

	Three Months Ended December 31,
	2011	2010
Weighted Average Shares
Outstanding - Basic	26,671	26,540
Dilutive Options and
Restricted Shares	186	276
Adjusted Shares - Diluted	26,857	26,816

Options to purchase 143,501 shares of common stock at prices ranging from $32.55 - $45.81 and options to purchase 437,264 shares of common stock at prices ranging from $35.69 - $54.88 were outstanding during the three-month periods ended December 31, 2011 and 2010, respectively, but were not included in the computation of diluted EPS because the options' exercise prices were greater than the average market price of the common shares. The options expire at various periods through 2014. Approximately 309,000 and 238,000 restricted shares were excluded from the computation of diluted EPS for the three-month periods ended December 31, 2011 and 2010, respectively, based upon the application of the treasury stock method.