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 June 30,				Nine months ended June 30,
	2026		2025		2026		2025
Numerator:
Net income	$	52,160	$	48,234	$	139,437	$	129,327
Denominator:
Weighted average basic shares	36,432		36,212		36,396		36,176
Dilutive effect of restricted stock and restricted stock units	172		313		170		321
Weighted average diluted shares	36,604		36,525		36,566		36,497
Earnings per share:
Basic	$	1.43	$	1.33	$	3.83	$	3.57
Diluted	$	1.42	$	1.32	$	3.81	$	3.54