EARNINGS PER SHARE (Tables)

12 Months Ended

Sep. 30, 2023

Reconciliation of shares used in the basic and diluted net income per share computation

The following table reflects a reconciliation of the shares used in the basic and diluted net income per share computation for fiscal 2023, 2022, and 2021:


	Fiscal
(in thousands, except per share)	2023				2022				2021
	Basic		Diluted		Basic		Diluted		Basic		Diluted
NUMERATOR:
Net income	$	57,148	$	57,148	$	433,545	$	433,545	$	367,161	$	367,161


DENOMINATOR:
Weighted average shares outstanding - Basic	56,682		56,682		60,164		60,164		62,009		62,009


Dilutive effect of Equity Plans			866				1,018				1,506
Weighted average shares outstanding - Diluted			57,548				61,182				63,515
EPS:
Net income per share - Basic	$	1.01	$	1.01	$	7.21	$	7.21	$	5.92	$	5.92
Effect of dilutive shares			$	(0.02)			$	(0.12)			$	(0.14)
Net income per share - Diluted			$	0.99			$	7.09			$	5.78

Anti-dilutive shares(1)			15				1				2

(1) Represents the Relative TSR PSUs and Growth PSUs that are excluded from the calculation of diluted earnings per share for fiscal 2023, 2022, and 2021 as the effect would have been anti-dilutive.