Annual report pursuant to Section 13 and 15(d)

Earnings per share

v2.4.0.8
Earnings per share
 12 Months Ended
Sep. 30, 2013
Earnings per share  
Earnings per share

3. Earnings per share

        All common stock amounts have been adjusted for the two-for-one stock split in June 2013.

        The following table sets forth the components of basic and diluted earnings per share (in thousands):

 
   Year ended September 30,  
 
   2013   2012   2011  

Numerator:

                    

Income from continuing operations

   $ 117,125   $ 76,099   $ 82,142  

Income (loss) from discontinued operations

     (394 )   34     (974 )
               

Net income

   $ 116,731   $ 76,133   $ 81,168  
               

Denominator:

                    

Weighted average shares outstanding

     68,165     67,734     68,834  

Effect of dilutive securities:

                    

Employee stock options and unvested restricted stock awards

     1,728     1,877     2,228  
               

Denominator for diluted earnings per share

     69,893     69,611     71,062  
               

        Certain unvested restricted stock units have been excluded from the calculation of diluted earnings per share as the effect of including them would have been anti-dilutive. The number of such awards did not exceed 30,000 for any of the three years ended September 30, 2013.