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SHAREHOLDERS' EQUITY
 3 Months Ended
Dec. 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 are made using our cash and cash equivalents or other available sources and are held as treasury shares on our Unaudited Condensed Consolidated Balance Sheets. We did not make any share repurchases during the three months ended December 31, 2024. We repurchased 1.3 million common shares at an aggregate cost of $47.7 million, including excise tax of $0.3 million during the three months ended December 31, 2023.
A cash dividend of $0.25 per share was declared on December 11, 2024 for shareholders of record on February 14, 2025, payable on February 28, 2025. As a result, we recorded a Dividend payable of $25.2 million on our Unaudited Condensed Consolidated Balance Sheet as of December 31, 2024.
Accumulated Other Comprehensive Loss
Components of accumulated other comprehensive loss were as follows:
December 31,September 30,
(in thousands)20242024
Pre-tax amounts:
Unrealized pension actuarial loss$(7,563)$(7,632)
Unrealized loss on available-for-sale debt security
(262)(662)
$(7,825)$(8,294)
After-tax amounts:
Unrealized pension actuarial loss$(5,784)$(5,838)
Unrealized loss on available-for-sale debt security
(203)(512)
$(5,987)$(6,350)
Fluctuations in pension actuarial gains and losses are primarily due to changes in the discount rate and investment returns related to the defined benefit pension plan.
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.
The following is a summary of the changes in accumulated other comprehensive loss, net of tax, for the three months ended December 31, 2024:
Three Months Ended December 31, 2024
(in thousands)
Unrealized Loss on Available-for-Sale Securities
Defined Benefit Pension Plan
Total
Balance at beginning of period$(512)$(5,838)$(6,350)
Other comprehensive income before reclassifications
309 — 309 
Amounts reclassified from accumulated other comprehensive loss
— 54 54 
Net current-period other comprehensive income
309 54 363 
Balance at December 31$(203)$(5,784)$(5,987)