Earnings per Share

3 Months Ended

Dec. 31, 2021

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, 2021 and 2020 (in thousands, except per share data):

	Three Months Ended
	December 31,
	2021		2020
Income from continuing operations	$	2,858	$	2,706
Income from discontinued operations, net of tax		40,462		23,322
Net income	$	43,320	$	26,028
Weighted average common shares outstanding used in computing basic earnings per share		74,630		74,021
Dilutive restricted stock units		236		262
Weighted average common shares outstanding used in computing diluted earnings per share		74,866		74,283
Basic net income per share:
Income from continuing operations	$	0.04	$	0.04
Income from discontinued operations, net of tax		0.54		0.32
Basic net income per share	$	0.58	$	0.35
Diluted net income per share:
Income from continuing operations	$	0.04	$	0.04
Income from discontinued operations, net of tax		0.54		0.31
Diluted net income per share	$	0.58	$	0.35
Dividend declared per share	$	0.10	$	0.10

During the three months ended December 31, 2021 and 2020, restricted stock units of 59,513 and 124,641 respectively, were excluded from the computation of diluted earnings per share as their effect would be antidilutive based on the treasury stock method.