Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.21.2
Earnings Per Share
12 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
As discussed in Note 12 - Equity, the Company has Class A common stock and Class B common stock. Because the only differences between the two classes of common stock are related to voting rights, conversion rights and transfer restrictions applicable to shares of Class B common stock, the Company has not presented earnings per share under the two-class method, as the earnings per share are the same for both Class A common stock and Class B common stock. The following table 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 Fiscal Year Ended September 30,
2021 2020 2019
Numerator
Net income attributable to common stockholders $ 20,177  $ 40,297  $ 43,121 
Denominator
Weighted average number of common shares outstanding, basic 51,636,955  51,489,211  51,421,159 
Net income per common share attributable to common stockholders, basic $ 0.39  $ 0.78  $ 0.84 

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 Fiscal Year Ended September 30,
2021 2020 2019
Numerator
Net income attributable to common stockholders $ 20,177  $ 40,297  $ 43,121 
Denominator
Weighted average number of basic common
   shares outstanding, basic
51,636,955  51,489,211  51,421,159 
Effect of dilutive securities:
Restricted stock grants 136,258  147,723  6,061 
Weighted average number of diluted common
   shares outstanding:
51,773,213  51,636,934  51,427,220 
Net income per diluted common share attributable
   to common stockholders
$ 0.39  $ 0.78  $ 0.84