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Earnings Per Share
6 Months Ended
Mar. 31, 2025
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 March 31,Six months ended March 31,
 2025202420252024
Numerator:  
Net income$10,497 $3,994 $20,580 $940 
Denominator:  
Denominator for basic net income per common share — weighted average shares outstanding36,956 36,296 36,816 36,212 
Effect of dilutive securities:  
Stock options and restricted stock units564 678 737 643 
Denominator for diluted net income per common share — adjusted weighted average shares37,520 36,974 37,553 36,855 
Net income per common share, basic$0.28 $0.11 $0.56 $0.03 
Net income per common share, diluted$0.28 $0.11 $0.55 $0.03 
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 March 31, 2025 and 2024, 348,553 and 583,062 shares outstanding were excluded, respectively.