Earnings Per Share (Tables)

12 Months Ended

Sep. 30, 2022

The following table sets forth the computation of basic and diluted earnings per share:


	Year Ended September 30,
	2022			2021			2020
Numerator:
Net income	$	549,501		$	688,374		$	497,840
Net income and dividends attributable to participating restricted stock		(7,880	)		(7,052	)		(3,663	)

Numerator for basic earnings per common share	$	541,621		$	681,322		$	494,177

Undistributed income allocated to participating restricted stock		5,159			5,199			2,417
Undistributed income reallocated to participating restricted stock		(5,124	)		(5,167	)		(2,406	)

Numerator for diluted earnings per common share	$	541,656		$	681,354		$	494,188

Denominator:
Weighted average number of shares outstanding — basic		122,812			128,495			133,590
Weighted average number of participating restricted stock		(1,761	)		(1,316	)		(983	)

Weighted average number of common shares — basic		121,051			127,179			132,607

Effect of dilutive stock options and restricted stock units granted		838			789			642

Weighted average number of common shares — diluted		121,889			127,968			133,249

Basic earnings per common share	$	4.47		$	5.36		$	3.73

Diluted earnings per common share	$	4.44		$	5.32		$	3.71