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SHAREHOLDERS' EQUITY
9 Months Ended
Jun. 30, 2021
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 8 SHAREHOLDERS’ EQUITY
The Company has an evergreen 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 the nine months ended June 30, 2020, we purchased 1.5 million common shares at an aggregate cost of $28.5 million, which are held as treasury shares. There were no purchases of common shares during the nine months ended June 30, 2021.
A cash dividend of $0.25 per share was declared on March 3, 2021 for shareholders of record on May 17, 2021, and was paid on June 1, 2021. An additional cash dividend of $0.25 per share was declared on June 2, 2021 for shareholders of record on August 17, 2021, payable on August 31, 2021. As a result, we recorded a dividend payable of $27.3 million within dividends payable on our Unaudited Condensed Consolidated Balance Sheets as of June 30, 2021.
Accumulated Other Comprehensive Loss
Components of accumulated other comprehensive loss were as follows:
(in thousands)June 30,
2021
September 30,
2020
Pre-tax amounts:  
Unrecognized net actuarial loss$(32,153)$(33,923)
$(32,153)$(33,923)
After-tax amounts:
Unrecognized net actuarial loss$(24,814)$(26,188)
$(24,814)$(26,188)
The following is a summary of the changes in accumulated other comprehensive loss, net of tax, related to the defined benefit pension plan for the three and nine months ended June 30, 2021:
(in thousands)Three Months Ended June 30, 2021Nine Months Ended
June 30, 2021
Balance at beginning of period$(25,274)$(26,188)
Activity during the period
Amounts reclassified from accumulated other comprehensive loss460 1,374 
Net current-period other comprehensive income460 1,374 
Balance at June 30, 2021$(24,814)$(24,814)