SHAREHOLDERS' EQUITY

3 Months Ended

Dec. 31, 2022

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY

9.    SHAREHOLDERS’ EQUITY

The change in shareholders’ equity for the first three months ended December 31, 2022 and 2021 is shown below (in thousands):

	Three Months Ended December 31,
	2022		2021
Common stock
Beginning balance	$	307	307
Stock plans		—	—
Ending balance		307	307
Additional paid-in-capital
Beginning balance		301,553	297,644
Stock plans		(856)	(1,367)
Ending balance		300,697	296,277
Retained earnings
Beginning balance		905,022	830,989
Net earnings common stockholders		14,727	11,524
Dividends paid		(2,067)	(2,079)
Ending balance		917,682	840,434
Accumulated other comprehensive income (loss)
Beginning balance		(31,764)	(2,161)
Foreign currency translation		11,513	(2,500)
Ending balance		(20,251)	(4,661)
Treasury stock
Beginning balance		(126,961)	(107,083)
Share repurchases		(5,076)	(9,997)
Ending balance		(132,037)	(117,080)
Total equity	$	1,066,398	1,015,277