SHAREHOLDERS' EQUITY

9 Months Ended

Jun. 30, 2023

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY

10.    SHAREHOLDERS’ EQUITY

The change in shareholders’ equity for the first three and nine months of 2023 and 2022 is shown below (in thousands):

	Three Months Ended June 30,			Nine Months Ended June 30,
	2023		2022	2023	2022
Common stock
Beginning balance		308	307	307	307
Stock plans		—	—	1	—
Ending balance		308	307	308	307
Additional paid-in-capital
Beginning balance		304,184	298,353	301,553	297,644
Stock plans		1,371	1,510	4,002	2,219
Ending balance		305,555	299,863	305,555	299,863
Retained earnings
Beginning balance		933,499	854,946	905,022	830,989
Net earnings		27,943	23,173	60,548	51,280
Dividends paid		(2,061)	(2,069)	(6,189)	(6,219)
Ending balance		959,381	876,050	959,381	876,050
Accumulated other comprehensive income (loss)
Beginning balance		(18,018)	(7,472)	(31,764)	(2,161)
Foreign currency translation		(821)	(11,905)	12,925	(17,216)
Ending balance		(18,839)	(19,377)	(18,839)	(19,377)
Treasury stock
Beginning balance		(139,178)	(124,961)	(126,961)	(107,083)
Share repurchases		(184)	(2,000)	(12,401)	(19,878)
Ending balance		(139,362)	(126,961)	(139,362)	(126,961)
Total equity		1,107,043	1,029,882	1,107,043	1,029,882