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Earnings per Share
3 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings per Share

12. Earnings per Share

The calculations of basic and diluted net income (loss) per share and basic and diluted weighted average shares outstanding are as follows for the three months ended December 31, 2022 and 2021 (in thousands, except per share data):

Three Months Ended

December 31, 

    

2022

    

2021

    

Income (loss) from continuing operations

$

(11,235)

$

2,858

Income (loss) from discontinued operations, net of tax

 

 

40,462

Net income

$

(11,235)

$

43,320

Weighted average common shares outstanding used in computing basic income (loss) per share

 

72,543

 

74,630

Dilutive restricted stock units

 

 

236

Weighted average common shares outstanding used in computing diluted income (loss) per share

 

72,543

 

74,866

Basic net income (loss) per share:

 

  

 

  

Income / (loss) from continuing operations

$

(0.15)

$

0.04

Income from discontinued operations, net of tax

 

 

0.54

Basic net income (loss) per share

$

(0.15)

$

0.58

Diluted net income (loss) per share:

 

  

 

  

Income (loss) from continuing operations

$

(0.15)

$

0.04

Income from discontinued operations, net of tax

 

 

0.54

Diluted net income (loss) per share

$

(0.15)

$

0.58

During the three months ended December 31, 2022, restricted stock units of 64,122 were excluded from the computation of diluted loss per share as their effect would be antidilutive to earnings per share for continuing operations based on the treasury stock method.