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Earnings per Share
12 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings per Share EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share for both continuing and discontinued operations.
Year Ended September 30,
202420232022
Net Earnings from Continuing Operations
Net earnings from continuing operations$366.7 $301.3 $735.0 
Impact of redeemable NCI— 11.0 — 
Net earnings from continuing operations for basic earnings per share$366.7 $312.3 $735.0 
Impact of interest expense, net of tax, related to convertible senior notes10.9 10.9 1.5 
Net earnings from continuing operations for diluted earnings per share$377.6 $323.2 $736.5 
Net Earnings from Discontinued Operations
Net earnings from discontinued operations for basic earnings per share$— $— $21.6 
Dilutive impact of Old BellRing net earnings from discontinued operations
— — — 
Net earnings from discontinued operations for diluted earnings per share$— $— $21.6 
Net Earnings
Net earnings for basic earnings per share$366.7 $312.3 $756.6 
Net earnings for diluted earnings per share$377.6 $323.2 $758.1 
shares in millions
Weighted-average shares for basic earnings per share59.9 60.0 60.9 
Effect of dilutive securities:
Stock options
0.3 0.4 0.3 
Stock appreciation rights
— — 0.1 
Restricted stock units0.4 0.5 0.5 
Market-based performance restricted stock units0.8 0.6 0.1 
Earnings-based performance restricted stock units0.1 0.1 0.1 
Shares issuable upon conversion of convertible senior notes5.4 5.4 0.7 
Total dilutive securities7.0 7.0 1.8 
Weighted-average shares for diluted earnings per share66.9 67.0 62.7 
Earnings from Continuing Operations per Common Share:
Basic$6.12 $5.21 $12.07 
Diluted$5.64 $4.82 $11.75 
Earnings from Discontinued Operations per Common Share:
Basic $— $— $0.35 
Diluted$— $— $0.34 
Earnings per Common Share:
Basic $6.12 $5.21 $12.42 
Diluted$5.64 $4.82 $12.09 
The following table details the securities that have been excluded from the calculation of weighted-average shares for diluted earnings per share for both continuing and discontinued operations as they were anti-dilutive.
Year Ended September 30,
202420232022
Restricted stock units— 0.1 0.3 
Market-based performance restricted stock units— 0.1 0.1