SHAREHOLDERS' EQUITY

6 Months Ended

Mar. 31, 2024

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY

10.    SHAREHOLDERS’ EQUITY

The change in shareholders’ equity for the first three and six months of 2024 and 2023 is shown below (in thousands):

	Three Months Ended March 31,		Six Months Ended March 31,
	2024	2023	2024	2023
Common stock
Beginning balance	308	307	308	307
Stock plans	—	1	—	1
Ending balance	308	308	308	308
Additional paid-in-capital
Beginning balance	305,283	300,697	304,850	301,553
Stock plans	2,782	3,487	3,215	2,631
Ending balance	308,065	304,184	308,065	304,184
Retained earnings
Beginning balance	1,002,420	917,682	989,315	905,022
Net earnings common stockholders	23,219	17,878	38,388	32,605
Dividends paid	(2,061)	(2,061)	(4,125)	(4,128)
Ending balance	1,023,578	933,499	1,023,578	933,499
Accumulated other comprehensive income (loss)
Beginning balance	(14,555)	(20,251)	(23,969)	(31,764)
Foreign currency translation	(4,745)	2,233	4,669	13,746
Ending balance	(19,300)	(18,018)	(19,300)	(18,018)
Treasury stock
Beginning balance	(139,362)	(132,037)	(139,362)	(126,961)
Share repurchases	(6,879)	(7,141)	(6,879)	(12,217)
Ending balance	(146,241)	(139,178)	(146,241)	(139,178)
Total equity	1,166,410	1,080,795	1,166,410	1,080,795