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EARNINGS (LOSSES) PER COMMON SHARE (Tables) | 6 Months Ended
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Mar. 31, 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 (loss) per share:
| Three Months Ended March 31, |  | Six Months Ended March 31,
(in thousands, except per share amounts) | 2020 |  | 2019 |  | 2020 |  | 2019
Numerator: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (420,468 | ) |  | $ | 71,857 |  |  | $ | (389,739 | ) |  | $ | 80,221 |
Loss from discontinued operations | (72 | ) |  | (10,966 | ) |  | (196 | ) |  | (371 | )
Net income (loss) | (420,540 | ) |  | 60,891 |  |  | (389,935 | ) |  | 79,850 |
Adjustment for basic earnings per share |  |  |  |  |  |  |
Earnings allocated to unvested shareholders | (1,003 | ) |  | (784 | ) |  | (1,994 | ) |  | (1,560 | )
Numerator for basic earnings (loss) per share: |  |  |  |  |  |  |
From continuing operations | (421,471 | ) |  | 71,073 |  |  | (391,733 | ) |  | 78,661 |
From discontinued operations | (72 | ) |  | (10,966 | ) |  | (196 | ) |  | (371 | )
| (421,543 | ) |  | 60,107 |  |  | (391,929 | ) |  | 78,290 |
Adjustment for diluted earnings (loss) per share: |  |  |  |  |  |  |
Effect of reallocating undistributed earnings of unvested shareholders | — |  |  | — |  |  | — |  |  | — |
Numerator for diluted earnings (loss) per share: |  |  |  |  |  |  |
From continuing operations | (421,471 | ) |  | 71,073 |  |  | (391,733 | ) |  | 78,661 |
From discontinued operations | (72 | ) |  | (10,966 | ) |  | (196 | ) |  | (371 | )
| $ | (421,543 | ) |  | $ | 60,107 |  |  | $ | (391,929 | ) |  | $ | 78,290 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per share - weighted-average shares | 108,557 |  |  | 109,406 |  |  | 108,556 |  |  | 109,273 |
Effect of dilutive shares from stock options, restricted stock and performance share units | — |  |  | 97 |  |  | — |  |  | 179 |
Denominator for diluted earnings per share - adjusted weighted-average shares | 108,557 |  |  | 109,503 |  |  | 108,556 |  |  | 109,452 |
Basic earnings (loss) per common share: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (3.88 | ) |  | $ | 0.65 |  |  | $ | (3.61 | ) |  | $ | 0.72 |
Loss from discontinued operations | — |  |  | (0.10 | ) |  | — |  |  | — |
Net income (loss) | $ | (3.88 | ) |  | $ | 0.55 |  |  | $ | (3.61 | ) |  | $ | 0.72 |
Diluted earnings (loss) per common share: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (3.88 | ) |  | $ | 0.65 |  |  | $ | (3.61 | ) |  | $ | 0.72 |
Loss from discontinued operations | — |  |  | (0.10 | ) |  | — |  |  | — |
Net income (loss) | $ | (3.88 | ) |  | $ | 0.55 |  |  | $ | (3.61 | ) |  | $ | 0.72 |
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 per share because their inclusion would have been anti-dilutive:
| Three Months Ended March 31, |  | Six Months Ended March 31,
(in thousands, except per share amounts) | 2020 |  | 2019 |  | 2020 |  | 2019
Shares excluded from calculation of diluted earnings (loss) per share | 4,579 |  |  | 2,921 |  |  | 3,579 |  |  | 2,770 |
Weighted-average price per share | $ | 58.03 |  |  | $ | 64.04 |  |  | $ | 60.55 |  |  | $ | 64.18 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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