Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.8.0.1
Earnings per Share (Tables)
6 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Summary of Calculation of the Weighted Average Number of Basic and Diluted Common Shares Outstanding and the Calculation of Basic and Diluted Earnings Per Share

The following summarizes the weighted-average number of basic common shares outstanding and the calculation of basic earnings per share for the periods presented (in thousands, except share and per share amounts):

 

     For the Three Months
Ended March 31,
     For the Six Months Ended
March 31,
 
     2018      2017      2018      2017  

Numerator

           

Net income attributable to common stockholders

   $ 11,248      $ 2,800      $ 22,244      $ 7,361  

Denominator

           

Weighted average number of basic common shares outstanding

     41,717,024        41,502,490        41,704,071        41,502,490  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income per basic common share attributable to common stockholders

   $ 0.27      $ 0.07      $ 0.53      $ 0.18  
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table summarizes the calculation of the weighted-average number of diluted common shares outstanding and the calculation of diluted earnings per share for the periods presented (in thousands, except share and per share amounts):

 

     For the Three Months
Ended March 31,
     For the Six Months Ended
March 31,
 
     2018      2017      2018      2017  

Numerator

           

Net income attributable to common stockholders

   $ 11,248      $ 2,800      $ 22,244      $ 7,361  

Denominator

           

Weighted average number of basic common shares outstanding

     41,717,024        41,502,490        41,704,071        41,502,490  

Effect of dilutive securities:

           

2016 Equity Incentive Plan options

     —          2,690        —          —    

2010 Non-Plan Stock Options Agreement options

     193,098        —          170,371        —    
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of diluted common shares outstanding:

     41,910,122        41,505,180        41,874,442        41,502,490  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income per diluted common share attributable to common stockholders

   $ 0.27      $ 0.07      $ 0.53      $ 0.18