XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Earnings Per Share | 9 Months Ended
--- | ---
Jun. 30, 2017
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share We use the two-class method of computing earnings per share because we have participating securities in the form of non-vested restricted stock units with a nonforfeitable right to dividend equivalents, for which vesting is predicated solely on the passage of time. The calculation of earnings per share using the two-class method excludes income attributable to these participating securities from the numerator and excludes the dilutive impact of those shares from the denominator. Basic and diluted earnings per share for the three and nine months ended June 30, 2017 and 2016 are calculated as follows:
| Three Months Ended June 30 |  | Nine Months Ended June 30
| 2017 |  | 2016 |  | 2017 |  | 2016
| (In thousands, except per share amounts)
Basic and Diluted Earnings Per Share from continuing operations |  |  |  |  |  |  |
Income from continuing operations | $ | 70,808 |  |  | $ | 66,143 |  |  | $ | 346,858 |  |  | $ | 310,692 |
Less: Income from continuing operations allocated to participating securities | 75 |  |  | 100 |  |  | 424 |  |  | 488 |
Income from continuing operations available to common shareholders | $ | 70,733 |  |  | $ | 66,043 |  |  | $ | 346,434 |  |  | $ | 310,204 |
Basic and diluted weighted average shares outstanding | 106,364 |  |  | 103,750 |  |  | 105,862 |  |  | 103,137 |
Income from continuing operations per share — Basic and Diluted | $ | 0.67 |  |  | $ | 0.64 |  |  | $ | 3.27 |  |  | $ | 3.01 |
Basic and Diluted Earnings Per Share from discontinued operations |  |  |  |  |  |  |
Income from discontinued operations | $ | — |  |  | $ | 5,050 |  |  | $ | 13,710 |  |  | $ | 5,172 |
Less: Income from discontinued operations allocated to participating securities | — |  |  | 6 |  |  | 15 |  |  | 4 |
Income from discontinued operations available to common shareholders | $ | — |  |  | $ | 5,044 |  |  | $ | 13,695 |  |  | $ | 5,168 |
Basic and diluted weighted average shares outstanding | 106,364 |  |  | 103,750 |  |  | 105,862 |  |  | 103,137 |
Income from discontinued operations per share — Basic and Diluted | $ | — |  |  | $ | 0.05 |  |  | $ | 0.13 |  |  | $ | 0.05 |
Net income per share — Basic and Diluted | $ | 0.67 |  |  | $ | 0.69 |  |  | $ | 3.40 |  |  | $ | 3.06 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration