v3.25.1
Earnings Per Share
6 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
We compute basic earnings per share by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common and potential common share include the weighted average of additional shares associated with the incremental effect of dilutive restricted stock and restricted stock units.
The following table reconciles basic and diluted weighted average shares used in the computation of earnings per share (in thousands, except per share data):
 Three months ended March 31,Six months ended March 31,
 2025202420252024
Numerator:  
Net income$46,330 $33,488 $81,093 $57,573 
Denominator:    
Weighted average basic shares12,069 11,992 12,053 11,966 
Dilutive effect of restricted stock and restricted stock units105 199 110 201 
Weighted average diluted shares12,174 12,191 12,163 12,167 
Earnings per share:    
Basic$3.84 $2.79 $6.73 $4.81 
Diluted$3.81 $2.75 $6.67 $4.73