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Earnings Per Share | 3 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
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, restricted stock, and performance stock units. The following is a reconciliation of net earnings to basic earnings per share and diluted earnings per share:
|  | Three Months Ended December 31, |
|  | 2024 |  |  | 2023 |
Numerator: |  |  |  |  |  |
Net earnings |  | $ | 87,091 |  |  | $ | 90,044 |
Denominator: |  |  |  |  |  |
Basic shares outstanding |  |  | 59,216 |  |  |  | 60,021 |
Dilutive effect of stock options; restricted and performance stock |  |  | 1,925 |  |  |  | 1,825 |
Diluted shares outstanding |  |  | 61,141 |  |  |  | 61,846 |
Income per common share: |  |  |  |  |  |
Basic earnings per share |  | $ | 1.47 |  |  | $ | 1.50 |
Diluted earnings per share |  | $ | 1.42 |  |  | $ | 1.46 |
The following stock option grants and restricted stock awards were outstanding but were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive:
|  | Three Months Ended December 31, |
|  | 2024 |  |  | 2023 |
Awards and options |  |  | 16 |  |  |  | 39 |
Weighted-average price |  | $ | — |  |  | $ | 114.53 |
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 December 31, |
|  | 2024 |  |  | 2023 |
Weighted-average treasury stock shares held for deferred compensation obligations |  |  | 38 |  |  |  | 55 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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