SHAREHOLDERS' EQUITY (Tables)

9 Months Ended

Jun. 30, 2019

Stockholders' Equity Note [Abstract]

Schedule of Components of Accumulated Other Comprehensive Income (Loss)

Components of accumulated other comprehensive loss were as follows:

(in thousands)	June 30, 2019			September 30, 2018
Pre-tax amounts:
Unrealized appreciation on securities (1)	$	—		$	44,023
Unrealized actuarial loss	(20,818		)	(21,693		)
	$	(20,818	)	$	22,330
After-tax amounts:
Unrealized appreciation on securities (1)	$	—		$	29,071
Unrealized actuarial loss	(16,085		)	(12,521		)
	$	(16,085	)	$	16,550

(1)

As disclosed in Note 2—Summary of Significant Accounting Policies, Risks and Uncertainties, we adopted ASU No. 2016-01 on October 1, 2018. The standard requires that changes in the fair value of our equity investments must be recognized in net income.

Summary of the Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax, by Component

The following is a summary of the changes in accumulated other comprehensive loss, net of tax, by component for the three and nine months ended June 30, 2019:

	Three Months Ended June 30, 2019
(in thousands)	Defined Benefit Pension Plan
Balance at March 31, 2019	$	(12,072	)
Adoption of ASU No. 2018-02 (1)	(4,239		)
	(16,311		)
Activity during the period
Amounts reclassified from accumulated other comprehensive loss	226
Net current-period other comprehensive loss	226
Balance at June 30, 2019	$	(16,085	)

(1) As disclosed in Note 2—Summary of Significant Accounting Policies, Risks and Uncertainties, we adopted ASU No. 2018-02 as of June 30, 2019. The standard permits the reclassification of certain income tax effects of the Tax Reform Act from Accumulated Other Comprehensive Income (Loss) to Retained Earnings.

	Nine Months Ended June 30, 2019
(in thousands)	Unrealized Appreciation on Equity Securities			Defined Benefit Pension Plan			Total
Balance at September 30, 2018	$	29,071		$	(12,521	)	$	16,550
Adoption of ASU No. 2016-01 (1)	(29,071		)	—			(29,071		)
Adoption of ASU No. 2018-02 (2)	—			(4,239		)	(4,239		)
	—			(16,760		)	(16,760		)
Activity during the period
Amounts reclassified from accumulated other comprehensive loss	—			675			675
Net current-period other comprehensive loss	—			675			675
Balance at June 30, 2019	$	—		$	(16,085	)	$	(16,085	)

(1) As disclosed in Note 2—Summary of Significant Accounting Policies, Risks and Uncertainties, we adopted ASU No. 2016-01 on October 1, 2018. The transition provisions enforced upon adoption require any unrealized gains or losses as of October 1, 2018 to be recognized in the beginning balance of equity.

(2)

As disclosed in Note 2—Summary of Significant Accounting Policies, Risks and Uncertainties, we adopted ASU No. 2018-02 as of June 30, 2019. The standard permits the reclassification of certain income tax effects of the Tax Reform Act from Accumulated Other Comprehensive Income (Loss) to Retained Earnings.

Schedule of Accumulated Other comprehensive Income (Loss) Components Which were Reclassified to the Condensed Consolidated Statement of Operations

The following provides detail about accumulated other comprehensive loss components, which were reclassified to the Unaudited Condensed Consolidated Statements of Operations:

	Reclassified from Accumulated Other Comprehensive Income (Loss)						Reclassified from Accumulated Other Comprehensive Income (Loss)						Affected Line Item in the Consolidated Statements of Operations
	Three Months Ended June 30,						Nine Months Ended June 30,
(in thousands)	2019			2018			2019			2018
Amortization of net actuarial loss on defined benefit pension plan	$	(291	)	$	(461	)	$	(874	)	$	(1,382	)	Other income (expense)
	65			124			199			397			Income tax provision
Total reclassifications for the period	$	(226	)	$	(337	)	$	(675	)	$	(985	)	Net of tax