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. Outstanding share and per-share amounts disclosed for all periods below have been retroactively adjusted to reflect the effect of the Stock Split.

The following table reconciles basic and diluted weighted average shares used in the computation of earnings per share (in thousands, except per share data), as adjusted for the Stock Split:


	Three months ended March 31,				Six months ended March 31,
	2026		2025		2026		2025
Numerator:
Net income	$	45,887	$	46,330	$	87,277	$	81,093
Denominator:
Weighted average basic shares	36,429		36,206		36,378		36,159
Dilutive effect of restricted stock and restricted stock units	155		317		165		330
Weighted average diluted shares	36,584		36,523		36,543		36,489
Earnings per share:
Basic	$	1.26	$	1.28	$	2.40	$	2.24
Diluted	$	1.25	$	1.27	$	2.39	$	2.22