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EARNINGS (LOSSES) PER COMMON SHARE (Tables)
12 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
September 30,
(in thousands, except per share amounts)
2020
    
2019
    
2018
Numerator:
 
 
 
 
 
Income (loss) from continuing operations
$
(496,392
)
 
$
(32,510
)
 
$
493,010

Income (loss) from discontinued operations
1,895

 
(1,146
)
 
(10,338
)
Net income (loss)
(494,497
)
 
(33,656
)
 
482,672

Adjustment for basic earnings per share
 
 
 
 
 
Earnings allocated to unvested shareholders
(2,647
)
 
(3,102
)
 
(4,346
)
Numerator for basic earnings (loss) per share:
 
 
 
 
 
From continuing operations
(499,039
)
 
(35,612
)
 
488,664

From discontinued operations
1,895

 
(1,146
)
 
(10,338
)
 
(497,144
)
 
(36,758
)
 
478,326

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

 

 
7

Numerator for diluted earnings (loss) per share:
 
 
 
 
 
From continuing operations
(499,039
)
 
(35,612
)
 
488,671

From discontinued operations
1,895

 
(1,146
)
 
(10,338
)
 
$
(497,144
)
 
$
(36,758
)
 
$
478,340

Denominator:
 
 
 
 
 
Denominator for basic earnings (loss) per share - weighted-average shares
108,009

 
109,216

 
108,851

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

 

 
536

Denominator for diluted earnings (loss) per share - adjusted weighted-average shares
108,009

 
109,216

 
109,387

Basic earnings (loss) per common share:
 
 
 
 
 
Income (loss) from continuing operations
$
(4.62
)
 
$
(0.33
)
 
$
4.49

Income (loss) from discontinued operations
0.02

 
(0.01
)
 
(0.10
)
Net income (loss)
$
(4.60
)
 
$
(0.34
)
 
$
4.39

Diluted earnings (loss) per common share:
 
 
 
 
 
Income (loss) from continuing operations
$
(4.62
)
 
$
(0.33
)
 
$
4.47

Income (loss) from discontinued operations
0.02

 
(0.01
)
 
(0.10
)
Net income (loss)
$
(4.60
)
 
$
(0.34
)
 
$
4.37


Anti-Dilutive Shares Excluded from the Calculation of Diluted Earnings Per Share
The following potentially dilutive average shares attributable to outstanding equity awards were excluded from the calculation of diluted earnings (losses) per share because their inclusion would have been anti-dilutive:
(in thousands, except per share amounts)
2020
    
2019
    
2018
Potentially dilutive shares excluded as anti-dilutive
4,004

 
3,031

 
1,559

Weighted-average price per share
$
60.72

 
$
63.33

 
$
68.28