SHAREHOLDERS' EQUITY

3 Months Ended

Dec. 31, 2021

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY

10.  SHAREHOLDERS’ EQUITY

The change in shareholders’ equity for the first three months ended December 31, 2021 and 2020 is shown below (in thousands):

	Three Months Ended December 31,
	2021		2020
Common stock
Beginning balance	$	307	306
Stock plans		—	—
Ending balance		307	306
Additional paid-in-capital
Beginning balance		297,644	293,682
Stock plans		(1,367)	1,053
Ending balance		296,277	294,735
Retained earnings
Beginning balance		830,989	775,829
Net earnings common stockholders		11,524	12,818
Dividends paid		(2,079)	(2,084)
Ending balance		840,434	786,563
Accumulated other comprehensive income (loss)
Beginning balance		(2,161)	(3,657)
Foreign currency translation		(2,500)	5,349
Ending balance		(4,661)	1,692
Treasury stock
Beginning balance		(107,083)	(107,134)
Share repurchases		(9,997)	—
Ending balance		(117,080)	(107,134)
Total equity	$	1,015,277	976,162