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EARNINGS (LOSSES) PER COMMON SHARE (Tables)

3 Months Ended

Dec. 31, 2023

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 December 31,
(in thousands, except per share amounts)			2023						2022
Numerator:
Net income			$	95,173					$	97,145
Adjustment for basic earnings per share
Earnings allocated to unvested shareholders			(1,248)						(992)
Numerator for basic earnings per share			93,925						96,153
Adjustment for diluted earnings per share
Effect of reallocating undistributed earnings of unvested shareholders			2						—
Numerator for diluted earnings per share			$	93,927					$	96,153
Denominator:
Denominator for basic earnings per share - weighted-average shares			$	99,143					$	105,248
Effect of dilutive shares from restricted stock and performance share units			485						856
Denominator for diluted earnings per share - adjusted weighted-average shares			$	99,628					$	106,104
Basic earnings per common share:			$	0.95					$	0.92
Diluted earnings per common share:			$	0.94					$	0.91

Schedule of 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 per share because their inclusion would have been anti-dilutive:

			Three Months Ended December 31,
(in thousands, except per share amounts)			2023						2022
Potentially dilutive shares excluded as anti-dilutive			2,601						2,274
Weighted-average price per share			$	57.21					$	63.51

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- References

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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
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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