XML 39 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings per Share (Tables)
 6 Months Ended
Mar. 31, 2018
Earnings per Share  
Schedule of computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31, 

 

March 31, 

 

 

    

2018

    

2017

    

2018

    

2017

 

 

 

(in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(1,633)

 

$

(48,473)

 

$

499,009

 

$

(83,027)

 

Loss from discontinued operations

 

 

(10,246)

 

 

(345)

 

 

(10,782)

 

 

(854)

 

Net income (loss)

 

 

(11,879)

 

 

(48,818)

 

 

488,227

 

 

(83,881)

 

Adjustment for basic earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings allocated to unvested shareholders

 

 

(717)

 

 

(445)

 

 

(4,106)

 

 

(891)

 

Numerator for basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

From continuing operations

 

 

(2,350)

 

 

(48,918)

 

 

494,903

 

 

(83,918)

 

From discontinued operations

 

 

(10,246)

 

 

(345)

 

 

(10,782)

 

 

(854)

 

 

 

 

(12,596)

 

 

(49,263)

 

 

484,121

 

 

(84,772)

 

Adjustment for diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of reallocating undistributed earnings of unvested shareholders

 

 

 —

 

 

 —

 

 

11

 

 

 —

 

Numerator for diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

From continuing operations

 

 

(2,350)

 

 

(48,918)

 

 

494,914

 

 

(83,918)

 

From discontinued operations

 

 

(10,246)

 

 

(345)

 

 

(10,782)

 

 

(854)

 

 

 

$

(12,596)

 

$

(49,263)

 

$

484,132

 

$

(84,772)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share - weighted-average shares

 

 

108,868

 

 

108,565

 

 

108,775

 

 

108,419

 

Effect of dilutive shares from stock options and restricted stock

 

 

 —

 

 

 —

 

 

437

 

 

 —

 

Denominator for diluted earnings per share - adjusted weighted-average shares

 

 

108,868

 

 

108,565

 

 

109,212

 

 

108,419

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(0.03)

 

$

(0.45)

 

$

4.55

 

$

(0.77)

 

Loss from discontinued operations

 

 

(0.09)

 

 

 —

 

 

(0.10)

 

 

(0.01)

 

Net income (loss)

 

$

(0.12)

 

$

(0.45)

 

$

4.45

 

$

(0.78)

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

(0.03)

 

$

(0.45)

 

$

4.53

 

$

(0.77)

 

Loss from discontinued operations

 

 

(0.09)

 

 

 —

 

 

(0.10)

 

 

(0.01)

 

Net income (loss)

 

$

(0.12)

 

$

(0.45)

 

$

4.43

 

$

(0.78)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of shares attributable to outstanding equity awards excluded from the calculation of diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31, 

 

March 31, 

 

 

    

2018

    

2017

    

2018

    

2017

 

 

 

(in thousands, except per share amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares excluded from calculation of diluted earnings per share

 

 

1,613

 

 

566

 

 

1,676

 

 

566

 

Weighted-average price per share

 

$

68.69

 

$

80.43

 

$

68.12

 

$

80.43