Earnings per Share

6 Months Ended

Mar. 31, 2016

The calculations of basic and diluted net (loss) income per share and basic and diluted weighted average shares outstanding are as follows for the three and six months ended March 31, 2016 and 2015 (in thousands, except per share data):



	Three Months Ended March 31,					Six Months Ended March 31,
	2016			2015		2016			2015
Net (loss) income	$	(83,939	)	$	2,711	$	(88,587	)	$	(23	)

Weighted average common shares outstanding used in computing basic earnings per share	68,556			67,387		68,342			67,255
Dilutive restricted stock units	—			1,027		—			—
Weighted average common shares outstanding used in computing diluted earnings per share	68,556			68,414		68,342			67,255

Basic net income (loss) per share	$	(1.22	)	$	0.04	$	(1.30	)	$	—
Diluted net income (loss) per share	$	(1.22	)	$	0.04	$	(1.30	)	$	—

Options to purchase approximately 2,000 shares of common stock and 552,000 of restricted stock units were excluded from the computation of diluted earnings per share during the three months ended March 31, 2015 as their effect would be anti-dilutive based on the treasury stock method. Restricted stock units of 1,194,000 during the three months ended March 31, 2016, as well as 1,457,000 and 1,164,000, respectively, of restricted stock units during the six months ended March 31, 2016 and 2015 were excluded from the computation of diluted earnings per share as a result of a net loss incurred during these periods. There were no options outstanding as of March 31, 2016 and 2015.