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Earnings per Share
3 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings per Share

13. Earnings per Share

The calculations of basic and diluted net income per share and basic and diluted weighted average shares outstanding are as follows for the three months ended December 31, 2020 and 2019 (in thousands, except per share data):

Three Months Ended

December 31, 

    

2020

    

2019

    

Income from continuing operations

$

27,007

$

13,174

Loss from discontinued operations, net of tax

 

(979)

 

(117)

Net income

$

26,028

$

13,057

Weighted average common shares outstanding used in computing basic earnings per share

 

74,021

 

72,972

Dilutive restricted stock units

 

262

 

673

Weighted average common shares outstanding used in computing diluted earnings per share

 

74,283

 

73,645

Basic net income per share:

 

  

 

  

Income from continuing operations

$

0.36

$

0.18

Loss from discontinued operations, net of tax

 

(0.01)

 

(0.00)

Basic net income per share

$

0.35

$

0.18

Diluted net income per share:

 

  

 

  

Income from continuing operations

$

0.36

$

0.18

Loss from discontinued operations, net of tax

 

(0.01)

 

(0.00)

Diluted net income per share

$

0.35

$

0.18

Dividend declared per share

$

0.10

$

0.10

During the three months ended December 31, 2020 and 2019, restricted stock units of 124,641 and 158,058, respectively, were excluded from the computation of diluted earnings per share as their effect would be antidilutive based on the treasury stock method.