XML 48 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings per Share (Tables)
9 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block] Basic EPS has been computed by dividing net income by the weighted-average number of common shares outstanding.
The following is a reconciliation of the numerator and denominator of the diluted earnings per share computations for the periods presented below.
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
(in millions, except share amounts)
2020
 
2019
 
2020
 
2019
Numerator:
 
 
 
 
 
 
 
Net income
$
36.6

 
$
16.3

 
$
92.2

 
$
57.9

Less: Allocation to participating securities
(0.9
)
 
(0.3
)
 
(2.1
)
 
(1.0
)
Net income allocated to common stockholders
$
35.7

 
$
16.0

 
$
90.1

 
$
56.9

Denominator:
 
 
 
 
 
 
 
Weighted average number of:
 
 
 
 
 
 
 
Common shares outstanding
18,807,104

 
18,781,401

 
18,809,823

 
18,731,203

Dilutive potential common shares outstanding:
 
 
 
 
 
 
 
Share-based awards
296,062

 
230,125

 
312,858

 
272,517

Diluted weighted-average common shares
19,103,166

 
19,011,526

 
19,122,681

 
19,003,720