XML 130 R12.htm IDEA: XBRL DOCUMENT
v3.20.1

Earnings Per Share | 6 Months Ended
--- | ---
Mar. 31, 2020
Earnings Per Share |
Earnings Per Share | Note 4. Earnings per share Basic earnings per share is computed by dividing net earnings available to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Diluted earnings per share reflects the weighted-average number of shares outstanding after consideration of the dilutive effect of stock options and restricted stock. The following is a reconciliation of net earnings to basic earnings per share and diluted earnings per share:
|  | Three-Months Ended March 31, |  | Six-Months Ended March 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 91,318 |  | $ | 77,579 |  | $ | 144,691 |  | $ | 126,699
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Basic shares outstanding |  |  | 62,266 |  |  | 62,175 |  |  | 62,128 |  |  | 61,995
Dilutive effect of stock options and restricted stock |  |  | 2,298 |  |  | 2,389 |  |  | 2,494 |  |  | 2,312
Diluted shares outstanding |  |  | 64,564 |  |  | 64,564 |  |  | 64,622 |  |  | 64,307
Income per common share: |  |  |  |  |  |  |  |  |  |  |  |
Basic earnings per share |  | $ | 1.47 |  | $ | 1.25 |  | $ | 2.33 |  | $ | 2.04
Diluted earnings per share |  | $ | 1.41 |  | $ | 1.20 |  | $ | 2.24 |  | $ | 1.97
The following stock option grants were outstanding but were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive.
|  | Three-Months Ended March 31, |  | Six-Months Ended March 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Options |  |  | 686 |  |  | 239 |  |  | 686 |  |  | 1,493
Weighted-average option price |  | $ | 104.51 |  | $ | 76.07 |  | $ | 104.47 |  | $ | 79.07
The weighted-average shares of common stock outstanding for basic and diluted earnings per share included the weighted-average treasury stock shares held for deferred compensation obligations of the following:
|  | Three-Months Ended March 31, |  | Six-Months Ended March 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Weighted-average treasury stock shares held for deferred compensation obligations |  |  | 216 |  |  | 208 |  |  | 214 |  |  | 206

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration