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Earnings Per Share
 3 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table is a reconciliation of the numerators and denominators in the net income per common share calculations (in thousands, except per common share data):
 Three months ended December 31,
 20242023
Numerator:
Net income (loss)$10,083 $(3,054)
Denominator:
Denominator for basic net income (loss) per common share — weighted average shares outstanding36,680 36,129 
Effect of dilutive securities:
Stock options and restricted stock units803 — 
Denominator for diluted net income (loss) per common share — adjusted weighted average shares37,483 36,129 
Net income (loss) per common share, basic$0.27 $(0.08)
Net income (loss) per common share, diluted$0.27 $(0.08)
Digi excludes certain stock options and restricted stock unit awards that would have an anti-dilutive effect on our diluted net income per share calculation. For the three months ended December 31, 2024 and 2023, 255,054 and 1,563,857 shares outstanding were excluded, respectively.