NET (LOSS) INCOME PER SHARE (Tables)

9 Months Ended

Jun. 30, 2026

Schedule of Computation of Basic and Diluted Net Income (Loss) Per Common Share

The following table sets forth the computation of basic and diluted net (loss) income per common share (in millions, except for share and per-share data):


	Three Months Ended June 30,				Nine Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net (loss) income	$	(5.7)	$	(17.0)	$	25.6	$	(72.6)
Less: net income allocated to participating securities(a)	—		—		(0.4)		—


Net (loss) income available to common stockholders	$	(5.7)	$	(17.0)	$	25.2	$	(72.6)

Denominator (in thousands):
Weighted-average common shares outstanding for basic net (loss) income per share	42,246		41,859		42,153		41,738
Weighted-average effect of dilutive equity awards outstanding	—		—		359		—
Shares for diluted net (loss) income per share(b)	42,246		41,859		42,512		41,738



Basic net (loss) income per common share	$	(0.13)	$	(0.41)	$	0.60	$	(1.74)



Diluted net (loss) income per common share	$	(0.13)	$	(0.41)	$	0.59	$	(1.74)

(a)Weighted participating securities, consisting of RSUs that are entitled to non-forfeitable dividends if declared, totaled 822,000 and 781,000 for the three and nine months ended June 30, 2026, respectively.

(b)Weighted-average equity awards outstanding of 1,514,000 and 1,558,000, for the three months ended June 30, 2026 and June 30, 2025, respectively, and 1,058,000 and 1,657,000, for the nine months ended June 30, 2026 and June 30, 2025, respectively, were excluded from diluted net (loss) income per common share as they were anti-dilutive.