SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Mar. 31, 2020

SHAREHOLDERS' EQUITY

Schedule of change in shareholders' equity

The change in shareholders’ equity for the first three and six months of 2020 and 2019 is shown below (in thousands):

	Three Months Ended March 31,		Six Months Ended March 31,
	2020	2019	2020	2019
Common stock
Beginning balance	306	305	306	305
Stock plans	—	—	—	—
Ending balance	306	305	306	305
Additional paid-in-capital
Beginning balance	293,056	292,293	292,408	291,190
Stock plans	1,731	1,319	2,379	2,422
Ending balance	294,787	293,612	294,787	293,612
Retained earnings
Beginning balance	769,439	627,670	684,741	606,837
Net earnings common stockholders	17,822	18,797	104,599	36,114
Dividends paid	(2,077)	(2,074)	(4,156)	(4,147)
Adoption of accounting standards updates	—	(1,375)	—	4,214
Ending balance	785,184	643,018	785,184	643,018
Accumulated other comprehensive income (loss)
Beginning balance	(40,051)	(36,083)	(43,974)	(31,528)
Foreign currency translation	(6,885)	677	(2,962)	(3,853)
Pension	—	—	—	—
Forward exchange contracts	—	126	—	101
Ending balance	(46,936)	(35,280)	(46,936)	(35,280)
Treasury stock
Beginning balance	(107,259)	(107,394)	(107,259)	(107,394)
Issued under stock plans	125	135	125	135
Ending balance	(107,134)	(107,259)	(107,134)	(107,259)
Total equity	926,207	794,396	926,207	794,396