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Earnings per Share (EPS) and Common Stock | 3 Months Ended
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Dec. 31, 2024
Earnings Per Share And Common Stock [Abstract] |
Earnings per Share (EPS) and Common Stock | 4. Earnings per Share (EPS) and Common Stock EPS The following table presents the calculation for both basic and diluted EPS:
(in thousands, except per share data) |  | Three months ended |
|  | December 31, 2024 |  |  | December 31, 2023 |
Net income |  | $ | 82,232 |  |  | $ | 66,387 |
Weighted-average shares outstanding—Basic |  |  | 120,243 |  |  |  | 119,124 |
Dilutive effect of restricted stock units |  |  | 902 |  |  |  | 1,126 |
Weighted-average shares outstanding—Diluted |  |  | 121,145 |  |  |  | 120,250 |
Earnings per share—Basic |  | $ | 0.68 |  |  | $ | 0.56 |
Earnings per share—Diluted |  | $ | 0.68 |  |  | $ | 0.55 |
Anti-dilutive shares were immaterial for the three months ended December 31, 2024 and December 31, 2023. Common Stock Repurchases Our Articles of Organization authorize us to issue up to 500 million shares of our common stock. Our Board of Directors has authorized us to repurchase up to $2 billion of our common stock in the period October 1, 2024 through September 30, 2027. In the three months ended December 31, 2024, we repurchased 0.4 million shares for $75 million. We did no t repurchase any shares in the three months ended December 31, 2023. All shares of our common stock repurchased are automatically restored to the status of authorized and unissued.

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- Definition Earnings Per Share (EPS) and Common Stock [Text Block] + References No definition available. + Details
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