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SHAREHOLDERS' EQUITY
6 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 7 SHAREHOLDERS’ EQUITY
The Company has an evergreen authorization from the Board of Directors ("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 three and six months ended March 31, 2024, we repurchased 0.1 million and 1.4 million common shares at an aggregate cost of $4.0 million and $51.6 million, respectively, including excise tax of $0.3 million for the six months ended March 31, 2024. During the three and six months ended March 31, 2023, we repurchased 2.5 million and 3.4 million common shares at an aggregate cost of $106.7 million and $145.8 million (including excise tax of $0.8 million in both periods), respectively.
During the three and six months ended March 31, 2024, we declared $42.1 million and $101.2 million, respectively, in cash dividends. A base cash dividend of $0.25 per share and a supplemental dividend of $0.17 per share was declared on February 28, 2024 for shareholders of record on May 17, 2024, payable on May 31, 2024. As a result, we recorded a Dividend payable of $42.0 million on our Unaudited Condensed Consolidated Balance Sheets as of March 31, 2024.
Accumulated Other Comprehensive Loss
Components of accumulated other comprehensive loss were as follows:
March 31,September 30,
(in thousands)20242023
Pre-tax amounts:
Unrealized pension actuarial loss$(10,059)$(10,407)
$(10,059)$(10,407)
After-tax amounts:
Unrealized pension actuarial loss$(7,713)$(7,981)
$(7,713)$(7,981)
Fluctuations in actuarial gains and losses are primarily due to changes in the discount rate and investment returns related to the defined benefit pension plan.
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 six months ended March 31, 2024:
(in thousands)Three Months Ended March 31, 2024Six Months Ended March 31, 2024
Balance at beginning of period$(7,847)$(7,981)
Activity during the period:
Net current-period other comprehensive income134 268 
134 268 
Balance at March 31, 2024$(7,713)$(7,713)