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Earnings Per Share | 9 Months Ended
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Jun. 30, 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 June 30, |  | Nine months ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Numerator: |  |  |  |  |  |  |
Net income | $ | 10,243 |  |  | $ | 9,702 |  |  | $ | 30,823 |  |  | $ | 10,642 |
Denominator: |  |  |  |  |  |  |
Denominator for basic net income per common share — weighted average shares outstanding | 37,073 |  |  | 36,375 |  |  | 36,902 |  |  | 36,266 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options and restricted stock units | 580 |  |  | 651 |  |  | 721 |  |  | 655 |
Denominator for diluted net income per common share — adjusted weighted average shares | 37,653 |  |  | 37,026 |  |  | 37,623 |  |  | 36,921 |
Net income per common share, basic | $ | 0.28 |  |  | $ | 0.27 |  |  | $ | 0.84 |  |  | $ | 0.29 |
Net income per common share, diluted | $ | 0.27 |  |  | $ | 0.26 |  |  | $ | 0.82 |  |  | $ | 0.29 |
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 June 30, 2025 and 2024, 337,179 and 646,564 shares outstanding were excluded, respectively.

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