XML 34 R14.htm IDEA: XBRL DOCUMENT
v3.5.0.2

SHAREHOLDERS' EQUITY | 12 Months Ended
--- | ---
Sep. 30, 2016
SHAREHOLDERS' EQUITY |
SHAREHOLDERS' EQUITY | NOTE 5 SHAREHOLDERS' EQUITY The Company has authorization from the Board of Directors for the repurchase of up to four million common shares in any calendar year. The repurchases may be made using our cash and cash equivalents or other available sources. During fiscal 2015, we purchased 810,097 common shares at an aggregate cost of $59.7 million, which are held as treasury shares. We had no purchases of common shares in fiscal years 2016 and 2014. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Components of accumulated other comprehensive income (loss) were as follows:
|  | September 30, |
|  | 2016 |  | 2015 |  | 2014 |
|  | (in thousands) |
Pre-tax amounts: |  |  |  |  |  |  |  |  |  |
Unrealized appreciation on securities |  | $ | 33,051 |  | $ | 27,021 |  | $ | 157,838 |
Unrealized actuarial loss |  |  | (34,112 | ) |  | (30,144 | ) |  | (23,405 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | (1,061 | ) | $ | (3,123 | ) | $ | 134,433 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
After-tax amounts: |  |  |  |  |  |  |  |  |  |
Unrealized appreciation on securities |  | $ | 20,899 |  | $ | 17,201 |  | $ | 97,418 |
Unrealized actuarial loss |  |  | (21,103 | ) |  | (18,578 | ) |  | (14,292 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | (204 | ) | $ | (1,377 | ) | $ | 83,126 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The following is a summary of the changes in accumulated other comprehensive income (loss), net of tax, by component for the year ended September 30, 2016:
|  | Unrealized Appreciation (Depreciation) on Available-for-sale Securities |  | Defined Benefit Pension Plan |  | Total |
|  | (in thousands) |
Balance September 30, 2015 |  | $ | 17,201 |  | $ | (18,578 | ) | $ | (1,377 | )
Other comprehensive income before reclassifications |  |  | 2,772 |  |  | — |  |  | 2,772 |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | 926 |  |  | (2,525 | ) |  | (1,599 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net current-period other comprehensive Income (loss) |  |  | 3,698 |  |  | (2,525 | ) |  | 1,173 |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance September 30, 2016 |  | $ | 20,899 |  | $ | (21,103 | ) | $ | (204 | )
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
The following provides detail about accumulated other comprehensive income (loss) components which were reclassified to the Consolidated Statement of Operations during the years ended September 30, 2016 and 2015:
|  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |
|  | Affected line item in the Consolidated Statement of Operations
Details about Accumulated Other Comprehensive Income (Loss) Components |  | 2016 |  | 2015
|  | (in thousands) |  |
Other-than-temporary impairment of available-for-sale securities |  | $ | 1,509 |  | $ | — |  | Gain (loss) on investment securities
|  |  | (583 | ) |  | — |  | Income tax provision
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | 926 |  | $ | — |  | Net of tax
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Defined Benefit Pension Items |  | $ | (3,968 | ) | $ | (6,738 | ) | General and administrative
Amortization of net actuarial loss |  |  | 1,443 |  |  | 2,452 |  | Income tax provision
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
|  | $ | (2,525 | ) | $ | (4,286 | ) | Net of tax
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total reclassifications for the period |  | $ | (1,599 | ) | $ | (4,286 | ) |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration