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EARNINGS PER SHARE
 12 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Basic income per share is calculated using the weighted average number of shares of common stock outstanding during the period. Stock options and restricted stock are included in the calculation of diluted earnings per share, except when their effect would be anti-dilutive.
The following tables reflect a reconciliation of the shares used in the basic and diluted net income per share computation for fiscal 2017, 2016, and 2015: 
 
 
Fiscal
(in thousands, except per share)
 
2017
 
2016
 
2015
 
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 
 

 
 

 
 

 
 

 
 
 
 
Net income
 
$
112,011

 
$
112,011

 
$
47,112

 
$
47,112

 
$
50,639

 
$
50,639

DENOMINATOR:
 
 
 
 

 
 
 
 

 
 
 
 
Weighted average shares outstanding - Basic
 
70,906

 
70,906

 
70,477

 
70,477

 
75,414

 
75,414

Stock options
 
 
 
19

 
 
 
32

 
 
 
70

Time-based restricted stock
 
 
 
592

 
 
 
274

 
 
 
175

Market-based restricted stock
 
 
 
546

 
 
 
58

 
 
 
—

Weighted average shares outstanding - Diluted
 
 
 
72,063

 
 
 
70,841

 
 
 
75,659

EPS:
 
 
 
 

 
 
 
 

 
 
 
 
Net income per share - Basic
 
$
1.58

 
$
1.58

 
$
0.67

 
$
0.67

 
$
0.67

 
$
0.67

Effect of dilutive shares
 
 
 
$
(0.03
)
 
 
 
$
—

 
 
 
$
—

Net income per share - Diluted
 
 
 
$
1.55

 
 
 
$
0.67

 
 
 
$
0.67