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EARNINGS PER SHARE (EPS)
6 Months Ended
Mar. 31, 2022
EARNINGS PER SHARE (EPS)  
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

 

Six Months

Ended March 31, 

Ended March 31,

    

2022

    

2021

    

2022

    

2021

Weighted Average Shares Outstanding Basic

 

25,953

 

26,038

26,008

26,038

Dilutive Restricted Shares

92

163

90

154

Adjusted Shares Diluted

 

26,045

 

26,201

26,098

26,192