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EARNINGS PER SHARE | 9 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 8. EARNINGS PER SHARE The following table presents the calculation of the Company's basic and diluted earnings per share for:
| Three Months Ended | Nine Months Ended
| June 30, | June 30,
(Thousands, except per share amounts) | 2023 | 2022 | 2023 | 2022
Net income, as reported | $ | 1,532 |  | $ | 13,053 |  | $ | 227,700 |  | $ | 220,400 |
Basic earnings per share |  |  |  |
Weighted average shares of common stock outstanding-basic | 97,168 |  | 96,154 |  | 96,849 |  | 96,055 |
Basic earnings per common share | $0.02 | $0.14 | $2.35 | $2.29
Diluted earnings per share |  |  |  |
Weighted average shares of common stock outstanding-basic | 97,168 |  | 96,154 |  | 96,849 |  | 96,055 |
Incremental shares (1) | 718 |  | 466 |  | 689 |  | 472 |
Weighted average shares of common stock outstanding-diluted | 97,886 |  | 96,620 |  | 97,538 |  | 96,527 |
Diluted earnings per common share | $0.02 | $0.14 | $2.33 | $2.28
(1)Incremental shares consist primarily of unvested stock awards and performance shares.

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