Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.2
Earnings Per Share (Tables)
9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Summary of Earnings Per Share
The following table summarizes the weighted-average number of basic and diluted common shares outstanding and the calculation of basic and diluted earnings per share for the periods presented (in thousands, except share and per share amounts):
Basic
For the Three Months Ended June 30, For the Nine Months Ended June 30,
2019  2018  2019  2018 
Numerator
Net income attributable to common stockholders $ 17,202  $ 13,403  $ 26,568  $ 35,647 
Denominator
Weighted average number of common shares outstanding, basic 51,414,619  46,557,785  51,414,619  43,648,309 
Net income per common share attributable to common shareholders, basic $ 0.33  $ 0.29  $ 0.52  $ 0.82 
Diluted
For the Three Months Ended June 30, For the Nine Months Ended June 30,
2019  2018  2019  2018 
Numerator
Net income attributable to common stockholders $ 17,202  $ 13,403  $ 26,568  $ 35,647 
Denominator
Weighted average number of common
shares outstanding, basic
51,414,619  46,557,785  51,414,619  43,648,309 
Effect of dilutive securities:
2010 Non-Plan Stock Options —  387,892  —  271,163 
2018 Restricted Stock Grants —  42,682  —  13,074 
2019 Restricted Stock Grants 8,280  —  268  — 
Weighted average number of common
shares outstanding, diluted
51,422,899  46,988,359  51,414,887  43,932,546 
Net income per common share attributable
to common stockholders, diluted
$ 0.33  $ 0.29  $ 0.52  $ 0.81