XML 36 R24.htm IDEA: XBRL DOCUMENT v3.25.1
Capitalization (Tables)
 6 Months Ended
Mar. 31, 2025
Capitalization, Long-Term Debt and Equity [Abstract]  
Summary of Changes in Common Stock Equity
Summary of Changes in Common Stock Equity
 Common StockPaid In
Capital		Earnings
Reinvested
in the
Business		Accumulated
Other
Comprehensive
Income (Loss)
SharesAmount
 (Thousands, except per share amounts)
Balance at January 1, 202590,613 $90,613 $1,039,705 $1,698,648 $(76,153)
Net Income Available for Common Stock216,358 
Dividends Declared on Common Stock ($0.515 Per Share)
(46,555)
Other Comprehensive Loss, Net of Tax(146,822)
Share-Based Payment Expense (1)
5,135 
Common Stock Issued Under Stock and Benefit Plans11 11 604 
Share Repurchases Under Repurchase Plan(226)(226)(2,622)(13,085)
Balance at March 31, 202590,398 $90,398 $1,042,822 $1,855,366 $(222,975)
Balance at October 1, 202491,006 $91,006 $1,045,487 $1,727,326 $(15,476)
Net Income Available for Common Stock261,344 
Dividends Declared on Common Stock ($1.03 Per Share)
(93,226)
Other Comprehensive Loss, Net of Tax(207,499)
Share-Based Payment Expense (1)
9,225 
Common Stock Issued (Repurchased) Under Stock and Benefit Plans167 167 (2,906)
Share Repurchases Under Repurchase Plan(775)(775)(8,984)(40,078)
Balance at March 31, 202590,398 $90,398 $1,042,822 $1,855,366 $(222,975)
Balance at January 1, 202492,116 $92,116 $1,041,226 $1,973,279 $67,381 
Net Income Available for Common Stock166,272 
Dividends Declared on Common Stock ($0.495 Per Share)
(45,563)
Other Comprehensive Income, Net of Tax7,959 
Share-Based Payment Expense (1)
5,222 
Common Stock Issued Under Stock and Benefit Plans12 12 569 
Share Repurchases Under Repurchase Plan(96)$(96)$(1,088)$(3,816)
Balance at March 31, 202492,032 $92,032 $1,045,929 $2,090,172 $75,340 
Balance at October 1, 202391,819 $91,819 $1,040,761 $1,885,856 $(55,060)
Net Income Available for Common Stock299,292 
Dividends Declared on Common Stock ($0.99 Per Share)
(91,160)
Other Comprehensive Income, Net of Tax130,400 
Share-Based Payment Expense (1)
9,356 
Common Stock Issued (Repurchased) Under Stock and Benefit Plans
309 309 (3,100)
Share Repurchases Under Repurchase Plan(96)$(96)$(1,088)$(3,816)
Balance at March 31, 202492,032 $92,032 $1,045,929 $2,090,172 $75,340 

(1)Paid in Capital includes compensation costs associated with performance shares and/or restricted stock awards. The expense is included within Net Income Available For Common Stock, net of tax benefits.
Summary of Common Stock Share Activity Common stock share activity during the six months ended March 31, 2025 consisted of the following items:
Six Months Ended March 31, 2025
Vesting of Restricted Stock Units120,228 
Vesting of Performance Shares89,843 
Issuance of Common Stock Pursuant to the Company's Non-Employee Director Equity
Compensation Plan and Deferred Compensation Plan for Directors and Officers
20,469 
Shares Tendered to Pay Withholding Taxes on Stock-Based Compensation Awards (1)
(64,067)
Common Stock Issued Under Stock and Benefit Plans166,473 
Share Repurchases Under Repurchase Plan(774,768)
Total Net Shares Repurchased During the Six Months Ended March 31, 2025(608,295)
(1)    The Company considers all shares tendered as cancelled shares restored to the status of authorized but unissued shares, in accordance with New Jersey law.