Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.4.0.3
Earnings Per Share
6 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The weighted average number of shares outstanding used to compute earnings per share was as follows:
 
 
Three Months Ended March 31,
 
Six Months Ended
March 31,
(shares in thousands)
 
2016
 
2015
 
2016
 
2015
Basic weighted average shares outstanding
 
65,760

 
65,862

 
65,872

 
65,899

Dilutive effect of employee stock options and unvested RSUs
 
319

 
1,125

 
324

 
1,048

Denominator for diluted earnings per share
 
66,079

 
66,987

 
66,196

 
66,947


For the three and six months ended March 31, 2016, 20,000 and 14,000 unvested restricted stock units (RSUs), respectively, have been excluded from the calculation of diluted earnings per share, as the effect of including them would have been anti-dilutive. No unvested RSUs were excluded from the calculation for the same periods in 2015.