Earnings per Share

6 Months Ended

Mar. 31, 2023

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 and six months ended March 31, 2023 and 2022 (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2023		2022		2023		2022
Income (loss) from continuing operations	$	(1,991)	$	(1,816)	$	(13,226)	$	1,041
Income (loss) from discontinued operations, net of tax		(2,936)		2,121,690		(2,936)		2,162,152
Net income (loss)	$	(4,927)	$	2,119,874	$	(16,162)	$	2,163,193
Weighted average common shares outstanding used in computing basic income (loss) per share		69,111		74,958		70,858		74,823
Dilutive restricted stock units		—		—		—		322
Weighted average common shares outstanding used in computing diluted income (loss) per share		69,111		74,958		70,858		75,145
Basic net income (loss) per share:
Income (loss) from continuing operations	$	(0.03)	$	(0.02)	$	(0.19)	$	0.01
Income (loss) from discontinued operations, net of tax		(0.04)		28.31		(0.04)		28.90
Basic net income (loss) per share	$	(0.07)	$	28.28	$	(0.23)	$	28.91
Diluted net income (loss) per share:
Income (loss) from continuing operations	$	(0.03)	$	(0.02)	$	(0.19)	$	0.01
Income (loss) from discontinued operations, net of tax		(0.04)		28.31		(0.04)		28.77
Diluted net income (loss) per share	$	(0.07)	$	28.28	$	(0.23)	$	28.79

During the six months ended March 31, 2022, 59,513 restricted stock units 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.