CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019		Sep. 30, 2018
Current assets:
Cash and cash equivalents	$ 61,808		$ 30,477
Accounts receivable, less allowance for doubtful accounts of $1,505 and $1,683 in 2019 and 2018, respectively	174,427		163,740
Contract assets, net	115,310	[1]	53,034
Inventories, net	128,825		135,416
Other current assets	14,824		13,356
Total current assets	495,194		396,023
Property, plant and equipment:
Land and land improvements	9,830		9,944
Buildings and leasehold improvements	102,178		92,418
Machinery and equipment	166,693		141,711
Construction in progress	12,639		6,609
Property, Plant and Equipment, Gross	291,340		250,682
Less accumulated depreciation and amortization	(129,870)		(115,728)
Net property, plant and equipment	161,470		134,954
Intangible assets, net	393,047		345,353
Goodwill	409,215		381,652
Other assets	7,794		7,140
Total Assets	1,466,720		1,265,122
Current liabilities:
Current maturities of long-term debt	21,261		20,000
Accounts payable	71,370		63,033
Contract liabilities, net	81,177	[2]	49,035
Accrued salaries	38,531		29,379
Accrued other expenses	39,296		39,083
Total current liabilities	251,635		200,530
Pension obligations	22,682		16,286
Deferred tax liabilities	64,855		64,794
Other liabilities	36,326		24,102
Long-term debt	265,000		200,000
Total liabilities	640,498		505,712
Shareholders' equity:
Preferred stock, par value $.01 per share, authorized 10,000,000 shares
Common stock, par value $.01 per share, authorized 50,000,000 shares; issued 30,596,940 and 30,534,786 shares in 2019 and 2018, respectively	306		305
Additional paid-in capital	292,408		291,190
Retained earnings	684,741		606,837
Accumulated other comprehensive loss, net of tax	(43,974)		(31,528)
Total stockholders' equity before treasury stock	933,481		866,804
Less treasury stock, at cost (4,615,627 and 4,623,958 common shares in 2019 and 2018, respectively)	(107,259)		(107,394)
Total shareholders' equity	826,222		759,410
Total Liabilities and Shareholders' Equity	$ 1,466,720		$ 1,265,122

[1] Previously “cost and estimated earnings on long-term contracts”

[2] Previously “advance payments on long-term contracts” and “current portion of deferred revenue”