Earnings Per Share (Tables)

12 Months Ended

Sep. 30, 2022

Schedule of basic and diluted earnings per share

Following is a summary of the components of basic and diluted income (loss) per share for the periods presented:


	Fiscal Year Ended September 30,
in thousands (except per share data)	2022		2021		2020
Numerator:
Income from continuing operations	$	220,718	$	122,180	$	53,316
Loss from discontinued operations, net of tax	(14)		(159)		(1,090)
Net income	$	220,704	$	122,021	$	52,226

Denominator:
Basic weighted-average shares	30,432		29,954		29,704
Dilutive effect of restricted stock awards	357		461		229
Dilutive effect of stock options	7		22		15


Diluted weighted-average shares(a)	30,796		30,437		29,948

Basic income (loss) per share:
Continuing operations	$	7.25	$	4.08	$	1.80
Discontinued operations	—		(0.01)		(0.04)
Total	$	7.25	$	4.07	$	1.76

Diluted income (loss) per share:
Continuing operations	$	7.17	$	4.01	$	1.78
Discontinued operations	—		—		(0.04)
Total	$	7.17	$	4.01	$	1.74

(a) The following potentially dilutive shares were excluded from the calculation of diluted income (loss) per share as a result of their anti-dilutive effect.

Schedule of antidilutive securities


	Fiscal Year Ended September 30,
in thousands	2022	2021	2020
Stock options	22	142	375
Time-based restricted stock	—	—	46