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SHAREHOLDERS' EQUITY
12 Months Ended
Sep. 30, 2025
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 9 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 and are held as treasury shares on our Consolidated Balance Sheets. We did not make any share repurchases during the fiscal year ended September 30, 2025. During the fiscal years ended September 30, 2024 and 2023, we repurchased 1.4 million and 6.5 million common shares at an aggregate cost of $51.6 million and $249.0 million, including excise tax of $0.3 million and $1.8 million, respectively.
A cash dividend of $0.25 per share was declared on September 9, 2025 for shareholders of record on November 18, 2025, payable on December 2, 2025. As a result, we recorded a Dividend Payable of $25.2 million on our Consolidated Balance Sheets as of September 30, 2025.
Accumulated Other Comprehensive Income (Loss)
Components of accumulated other comprehensive income (loss) were as follows:
September 30,
(in thousands)202520242023
Pre-tax amounts:
Unrealized pension actuarial gain (loss) on defined benefit pension plans
$3,336 $(7,632)$(10,407)
Unrealized gain (loss) on available-for-sale debt security
383 (662)— 
Unrealized gain on foreign currency translation adjustment45,682 — — 
$49,401 $(8,294)$(10,407)
After-tax amounts:
Unrealized pension actuarial gain (loss) on defined benefit pension plans
$4,470 $(5,838)$(7,981)
Unrealized gain (loss) on available-for-sale debt security
296 (512)— 
Unrealized gain on foreign currency translation adjustment40,198 — — 
$44,964 $(6,350)$(7,981)
Investments classified as available-for-sale debt securities are reported at fair value with unrealized gains and losses excluded from net income and reported in other comprehensive income (loss).
The following is a summary of the changes in accumulated other comprehensive loss, net of tax, for the fiscal year ended September 30, 2025:
(in thousands)Unrealized Loss on Available-for-Sale SecuritiesDefined Benefit Pension PlanForeign Currency Translation AdjustmentTotal
Balance at September 30, 2024$(512)$(5,838)$— $(6,350)
Activity during the period
Other comprehensive income before reclassifications
684 — 40,198 40,882 
Amounts reclassified from accumulated other comprehensive income124 10,308 — 10,432 
Net current-period other comprehensive income
808 10,308 40,198 51,314 
Balance at September 30, 2025
$296 $4,470 $40,198 $44,964