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Earnings per Share (Tables)
3 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Common Shares Outstanding for Purposes of Calculating Basic and Diluted 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