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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
Current assets:    
Cash and cash equivalents $ 97,724 $ 56,232
Accounts receivable, less allowance for credit losses of $2,612 and $1,949 in 2022 and 2021, respectively 164,645 146,341
Contract assets, net 125,154 93,771
Inventories, net 162,403 147,148
Other current assets 22,696 22,662
Total current assets 572,622 466,154
Property, plant and equipment:    
Land and land improvements 12,126 10,547
Buildings and leasehold improvements 110,306 109,279
Machinery and equipment 187,287 176,447
Construction in progress 11,576 5,543
Property, Plant and Equipment, Gross 321,295 301,816
Less accumulated depreciation and amortization (165,322) (147,551)
Net property, plant and equipment 155,973 154,265
Intangible assets, net 394,464 409,250
Goodwill 492,709 504,853
Operating lease assets, net 29,150 31,846
Other assets 9,538 10,977
Total Assets 1,654,456 1,577,345
Current liabilities:    
Current maturities of long-term debt and short-term borrowings 20,000 20,000
Accounts payable 78,746 56,669
Contract liabilities, net 125,009 106,045
Accrued salaries 40,572 39,768
Accrued other expenses 53,802 52,513
Total current liabilities 318,129 274,995
Deferred tax liabilities, net 82,023 73,560
Non-current operating lease liabilities 24,853 28,032
Other liabilities 48,294 47,062
Long-term debt 133,000 134,000
Total liabilities 606,299 557,649
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 30,707,748 and 30,666,173 shares in 2022 and 2021, respectively 307 307
Additional paid-in capital 301,553 297,644
Retained earnings 905,022 830,989
Accumulated other comprehensive loss, net of tax (31,764) (2,161)
Total stockholders' equity before treasury stock 1,175,118 1,126,779
Less treasury stock, at cost (4,854,997 and 4,604,741 common shares in 2022 and 2021, respectively) (126,961) (107,083)
Total shareholders' equity 1,048,157 1,019,696
Total Liabilities and Shareholders' Equity $ 1,654,456 $ 1,577,345