SHAREHOLDERS' EQUITY (Tables)

3 Months Ended

Dec. 31, 2020

SHAREHOLDERS' EQUITY

Schedule of change in shareholders' equity

The change in shareholders’ equity for the first three months of 2021 and 2020 is shown below (in thousands):

	Three Months Ended December 31,
	2020	2019
Common stock
Beginning balance	306	306
Stock plans	—	—
Ending balance	306	306
Additional paid-in-capital
Beginning balance	293,682	292,408
Stock plans	1,053	648
Ending balance	294,735	293,056
Retained earnings
Beginning balance	778,398	684,741
Net earnings common stockholders	13,686	86,777
Dividends paid	(2,084)	(2,079)
Ending balance	790,000	769,439
Accumulated other comprehensive income (loss)
Beginning balance	(3,657)	(43,974)
Foreign currency translation	5,349	3,923
Forward exchange contracts	—	—
Ending balance	1,692	(40,051)
Treasury stock
Beginning balance	(107,134)	(107,259)
Issued under stock plans	—	—
Ending balance	(107,134)	(107,259)
Total equity	979,599	915,491