CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Sep. 30, 2019
Current assets:
Cash and cash equivalents	$ 52,560	$ 61,808
Accounts receivable, less allowance for doubtful accounts of $1,995 and $1,505 in 2020 and 2019, respectively	144,082	158,715
Contract assets, net	96,746	110,211
Inventories, net	136,189	124,956
Other current assets	17,053	14,190
Assets of discontinued operations - current		25,314
Total current assets	446,630	495,194
Property, plant and equipment:
Land and land improvements	9,657	8,101
Buildings and leasehold improvements	98,636	83,255
Machinery and equipment	153,718	136,881
Construction in progress	8,393	9,983
Property, Plant and Equipment, Gross	270,404	238,220
Less accumulated depreciation and amortization	(130,534)	(110,377)
Net property, plant and equipment	139,870	127,843
Intangible assets, net	346,632	381,605
Goodwill	408,063	390,256
Operating lease assets	21,390
Other assets	10,938	4,445
Assets of discontinued operations - other		67,377
Total Assets	1,373,523	1,466,720
Current liabilities:
Current maturities of long-term debt and short-term borrowings	22,368	20,000
Accounts payable	50,525	63,800
Contract liabilities, net	100,551	81,177
Accrued salaries	32,149	37,194
Accrued other expenses	50,436	37,947
Liabilities of discontinued operations - current		11,517
Total current liabilities	256,029	251,635
Pension obligations	2,481	22,682
Deferred tax liabilities	60,938	60,856
Other liabilities	52,480	36,326
Long-term debt	40,000	265,000
Liabilities of discontinued operations - other		3,999
Total liabilities	411,928	640,498
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 30,645,625 and 30,596,940 shares in 2020 and 2019, respectively	306	306
Additional paid-in capital	293,682	292,408
Retained earnings	778,398	684,741
Accumulated other comprehensive loss, net of tax	(3,657)	(43,974)
Total stockholders' equity before treasury stock	1,068,729	933,481
Less treasury stock, at cost (4,615,627 and 4,623,958 common shares in 2019 and 2018, respectively)	(107,134)	(107,259)
Total shareholders' equity	961,595	826,222
Total Liabilities and Shareholders' Equity	$ 1,373,523	$ 1,466,720