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EARNINGS (LOSS) PER COMMON SHARE (Tables)
9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
(in thousands, except per share amounts)
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(154,621
)
 
$
(8,174
)
 
$
(74,400
)
 
$
490,835

Income (loss) from discontinued operations
(62
)
 
166

 
(433
)
 
(10,616
)
Net income (loss)
(154,683
)
 
(8,008
)
 
(74,833
)
 
480,219

Adjustment for basic earnings per share
 
 
 
 
 
 
 
Earnings allocated to unvested shareholders
(772
)
 
(717
)
 
(2,332
)
 
(4,241
)
 
 
 
 
 
 
 
 
Numerator for basic earnings (loss) per share:
 
 
 
 
 
 
 
From continuing operations
(155,393
)
 
(8,891
)
 
(76,732
)
 
486,594

From discontinued operations
(62
)
 
166

 
(433
)
 
(10,616
)
 
(155,455
)
 
(8,725
)
 
(77,165
)
 
475,978

Adjustment for diluted earnings (loss) per share:
 
 
 
 
 
 
 
Effect of reallocating undistributed earnings of unvested shareholders

 

 

 
10

 
 
 
 
 
 
 
 
Numerator for diluted earnings (loss) per share:
 
 
 
 
 
 
 
From continuing operations
(155,393
)
 
(8,891
)
 
(76,732
)
 
486,604

From discontinued operations
(62
)
 
166

 
(433
)
 
(10,616
)
 
$
(155,455
)
 
$
(8,725
)
 
$
(77,165
)
 
$
475,988

Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings (loss) per share - weighted-average shares
109,425

 
108,905

 
109,324

 
108,818

Effect of dilutive shares from stock options, restricted stock and performance share units

 

 

 
520

Denominator for diluted earnings (loss) per share - adjusted weighted-average shares
109,425

 
108,905

 
109,324

 
109,338

 
 
 
 
 
 
 
 
Basic earnings (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(1.42
)
 
$
(0.08
)
 
$
(0.71
)
 
$
4.47

Loss from discontinued operations

 

 

 
(0.10
)
Net income (loss)
$
(1.42
)
 
$
(0.08
)
 
$
(0.71
)
 
$
4.37

 
 
 
 
 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
(1.42
)
 
$
(0.08
)
 
$
(0.71
)
 
$
4.45

Loss from discontinued operations

 

 

 
(0.10
)
Net income (loss)
$
(1.42
)
 
$
(0.08
)
 
$
(0.71
)
 
$
4.35


Schedule of Shares Attributable to Outstanding Equity Awards Excluded from the Calculation of Diluted Earnings Per Share
The following average shares attributable to outstanding equity awards were excluded from the calculation of diluted earnings (loss) per share because their inclusion would have been anti-dilutive:
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 (in thousands, except per share amounts)
2019
 
2018
 
2019
 
2018
Shares excluded from calculation of diluted earnings (loss) per share
2,753

 
929

 
2,768

 
1,585

Weighted-average price per share
$
64.22

 
$
75.56

 
$
64.21

 
$
68.51