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EARNINGS PER COMMON SHARE (Tables) | 6 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
Reconciliation of Net Income and Common Stock Share Amounts Used in Computation of Basic and Diluted EPS | A reconciliation of net income and common stock share amounts used in the computation of basic and diluted earnings per share is presented below.
| Three Months Ended March 31, |  |
(Dollars in Thousands, Except Share and Per Share Data) | 2020 |  | 2019
Basic income per common share: |  |  |
Net income attributable to Meta Financial Group, Inc. | $ | 52,304 |  |  | $ | 32,120 |
Weighted average common shares outstanding | 35,948,799 |  |  | 39,429,595 |
Basic income per common share | $ | 1.45 |  |  | $ | 0.81 |
Diluted income per common share: |  |  |
Net income attributable to Meta Financial Group, Inc. | $ | 52,304 |  |  | $ | 32,120 |
Weighted average common shares outstanding | 35,948,799 |  |  | 39,429,595 |
Outstanding options - based upon the two-class method | 21,497 |  |  | 67,237 |
Weighted average diluted common shares outstanding | 35,970,296 |  |  | 39,496,832 |
Diluted income per common share | $ | 1.45 |  |  | $ | 0.81 |
| Six Months Ended March 31, |  |
(Dollars in Thousands, Except Share and Per Share Data) | 2020 |  | 2019
Basic income per common share: |  |  |
Net income attributable to Meta Financial Group, Inc. | $ | 73,372 |  |  | $ | 47,518 |
Weighted average common shares outstanding | 36,691,705 |  |  | 39,381,682 |
Basic income per common share | $ | 2.00 |  |  | $ | 1.21 |
Diluted income per common share: |  |  |
Net income attributable to Meta Financial Group, Inc. | $ | 73,372 |  |  | $ | 47,518 |
Weighted average common shares outstanding | 36,691,705 |  |  | 39,381,682 |
Outstanding options - based upon the two-class method | 21,634 |  |  | 68,581 |
Weighted average diluted common shares outstanding | 36,713,339 |  |  | 39,450,263 |
Diluted income per common share | $ | 2.00 |  |  | $ | 1.20 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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