XML 48 R36.htm IDEA: XBRL DOCUMENT v3.25.2
EARNINGS (LOSSES) PER COMMON SHARE (Tables)
9 Months Ended
Jun. 30, 2025
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)2025202420252024
Numerator:
Net income (loss) attributable to common shareholders
$(162,758)$88,685 $(106,332)$268,689 
Adjustment for basic earnings per share
Earnings allocated to unvested shareholders(345)(1,211)(1,104)(3,700)
Numerator for basic earnings per share(163,103)87,474 (107,436)264,989 
Adjustment for diluted earnings per share
Effect of reallocating undistributed earnings of unvested shareholders— — 
Numerator for diluted earnings per share$(163,103)$87,475 $(107,436)$264,993 
Denominator:
Denominator for basic earnings per share - weighted-average shares99,422 98,752 99,214 98,891 
Effect of dilutive shares from restricted stock and performance share units— 255 — 225 
Denominator for diluted earnings per share - adjusted weighted-average shares99,422 99,007 99,214 99,116 
Basic earnings (loss) per common share:
$(1.64)$0.89 $(1.08)$2.68 
Diluted earnings (loss) per common share:
$(1.64)$0.88 $(1.08)$2.67 
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
June 30,
Nine Months Ended
June 30,
(in thousands, except per share amounts)2025202420252024
Potentially dilutive shares excluded as anti-dilutive3,548 2,318 2,852 2,374 
Weighted-average price per share$48.32 $60.00 $52.02 $60.32