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SHAREHOLDERS' EQUITY
12 Months Ended
Sep. 30, 2021
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 9 SHAREHOLDERS’ EQUITY
The Company has an evergreen authorization from the Board 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 the fiscal year ended September 30, 2021, we purchased no common shares. We purchased 1.5 million and 1.0 million common shares at an aggregate cost of $28.5 million and $42.8 million, which are held as treasury shares, during the fiscal years ended September 30, 2020 and 2019, respectively.
As of September 30, 2021, we declared $109.2 million in cash dividends. A cash dividend of $0.25 per share was declared on September 1, 2021 for shareholders of record on November 23, 2021, payable on December 1, 2021. As a result, we recorded a Dividend Payable of $27.3 million on our Consolidated Balance Sheets as of September 30, 2021.
Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss were as follows:
September 30,
(in thousands)202120202019
Pre-tax amounts:
Unrealized actuarial loss(26,268)(33,923)(37,084)
$(26,268)$(33,923)$(37,084)
After-tax amounts:
Unrealized actuarial loss(20,244)(26,188)(28,635)
$(20,244)$(26,188)$(28,635)

The following is a summary of the changes in accumulated other comprehensive loss, net of tax, by component for the fiscal year ended September 30, 2021:
(in thousands)Defined Benefit Pension Plan
Balance at September 30, 2020$(26,188)
Activity during the period
Amounts reclassified from accumulated other comprehensive loss5,944 
Net current-period other comprehensive loss5,944 
Balance at September 30, 2021
$(20,244)