Net (Loss) Income per Share

9 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Net (Loss) Income per Share

18. Net (Loss) Income 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 nine months ended June 30, 2023 and 2022 (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Loss from continuing operations	$	(2,463)	$	(7,015)	$	(15,689)	$	(5,973)
Income (loss) from discontinued operations, net of tax		993		(2,555)		(1,943)		2,159,597
Net (loss) income	$	(1,470)	$	(9,570)	$	(17,632)	$	2,153,624
Weighted average common shares outstanding used in computing basic and diluted (loss) income per share		63,432		74,989		68,494		74,879
Basic and diluted net (loss) income per share:
Loss from continuing operations	$	(0.04)	$	(0.09)	$	(0.23)	$	(0.08)
Income (loss) from discontinued operations, net of tax		0.02		(0.03)		(0.03)		28.84
Net (loss) income per share	$	(0.02)	$	(0.13)	$	(0.26)	$	28.76

During the nine months ended June 30, 2023 and 2022, restricted stock units of 334,467 and 59,513, respectively, 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.