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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Sep. 30, 2020
Current assets:    
Cash and cash equivalents $ 56,232 $ 52,560
Accounts receivable, less allowance for doubtful accounts of $3,445 and $1,995 in 2021 and 2020, respectively 146,341 144,082
Contract assets, net 93,771 94,302
Inventories, net 147,148 135,296
Other current assets 22,662 17,053
Total current assets 466,154 443,293
Property, plant and equipment:    
Land and land improvements 10,547 9,657
Buildings and leasehold improvements 109,279 98,636
Machinery and equipment 176,447 153,718
Construction in progress 5,543 8,393
Property, Plant and Equipment, Gross 301,816 270,404
Less accumulated depreciation and amortization 147,551 130,534
Net property, plant and equipment 154,265 139,870
Intangible assets, net 409,250 346,632
Goodwill 504,853 408,063
Operating lease assets 31,846 21,390
Other assets 10,977 10,938
Total Assets 1,577,345 1,370,186
Current liabilities:    
Current maturities of long-term debt and short-term borrowings 20,000 22,368
Accounts payable 56,669 50,525
Contract liabilities, net 108,814 100,551
Accrued salaries 39,768 32,149
Accrued other expenses 52,513 49,891
Total current liabilities 277,764 255,484
Deferred tax liabilities 73,560 60,715
Non-current operating lease liabilities 28,032 16,785
Other liabilities 44,293 38,176
Long-term debt 134,000 40,000
Total liabilities 557,649 411,160
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 30,666,173and 30,645,625 shares in 2021 and 2020, respectively 307 306
Additional paid-in capital 297,644 293,682
Retained earnings 830,989 775,829
Accumulated other comprehensive loss, net of tax (2,161) (3,657)
Total stockholders' equity before treasury stock 1,126,779 1,066,160
Less treasury stock, at cost (4,604,741 and 4,607,911 common shares in 2021 and 2020, respectively) (107,083) (107,134)
Total shareholders' equity 1,019,696 959,026
Total Liabilities and Shareholders' Equity $ 1,577,345 $ 1,370,186