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EARNINGS (LOSSES) PER COMMON SHARE (Tables)
9 Months Ended
Jun. 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 loss per share:
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
(in thousands, except per share amounts)
2020
 
2019
 
2020
 
2019
Numerator:
 
 
 
 
 
 
 
Loss from continuing operations
$
(46,007
)
 
$
(154,621
)
 
$
(435,746
)
 
$
(74,400
)
Income (loss) from discontinued operations
408

 
(62
)
 
212

 
(433
)
Net loss
(45,599
)
 
(154,683
)
 
(435,534
)
 
(74,833
)
Adjustment for basic loss per share
 
 
 
 
 
 
 
Loss allocated to unvested shareholders
(331
)
 
(772
)
 
(2,327
)
 
(2,332
)
 
 
 
 
 
 
 
 
Numerator for basic loss per share:
 
 
 
 
 
 
 
From continuing operations
(46,338
)
 
(155,393
)
 
(438,073
)
 
(76,732
)
From discontinued operations
408

 
(62
)
 
212

 
(433
)
 
(45,930
)
 
(155,455
)
 
(437,861
)
 
(77,165
)
Adjustment for diluted loss per share:
 
 
 
 
 
 
 
Effect of reallocating undistributed earnings of unvested shareholders

 

 

 

 
 
 
 
 
 
 
 
Numerator for diluted loss per share:
 
 
 
 
 
 
 
From continuing operations
(46,338
)
 
(155,393
)
 
(438,073
)
 
(76,732
)
From discontinued operations
408

 
(62
)
 
212

 
(433
)
 
$
(45,930
)
 
$
(155,455
)
 
$
(437,861
)
 
$
(77,165
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic loss per share - weighted-average shares
107,439

 
109,425

 
108,185

 
109,324

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

 

 

 

Denominator for diluted loss per share - adjusted weighted-average shares
107,439

 
109,425

 
108,185

 
109,324

 
 
 
 
 
 
 
 
Basic loss per common share:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.43
)
 
$
(1.42
)
 
$
(4.05
)
 
$
(0.71
)
Loss from discontinued operations

 

 

 

Net loss
$
(0.43
)
 
$
(1.42
)
 
$
(4.05
)
 
$
(0.71
)
 
 
 
 
 
 
 
 
Diluted loss per common share:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.43
)
 
$
(1.42
)
 
$
(4.05
)
 
$
(0.71
)
Loss from discontinued operations

 

 

 

Net loss
$
(0.43
)
 
$
(1.42
)
 
$
(4.05
)
 
$
(0.71
)

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 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)
2020
 
2019
 
2020
 
2019
Shares excluded from calculation of diluted loss per share
4,708

 
2,753

 
3,882

 
2,768

Weighted-average price per share
$
58.27

 
$
64.22

 
$
60.63

 
$
64.21