| SHAREHOLDERS' EQUITY |
11. SHAREHOLDERS’ EQUITY The change in shareholders’ equity for the first three and nine months of 2025 and 2024 is shown below (in thousands): | | | | | | | | | | | | Three Months Ended June 30, | | Nine Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | Common stock | | | | | | | | | | Beginning balance | | | 309 | | 308 | | 308 | | 308 | Stock plans | | | — | | — | | 1 | | — | Ending balance | | | 309 | | 308 | | 309 | | 308 | | | | | | | | | | | Additional paid-in-capital | | | | | | | | | | Beginning balance | | | 311,438 | | 308,065 | | 311,942 | | 304,850 | Stock plans | | | 2,211 | | 1,917 | | 1,707 | | 5,132 | Ending balance | | | 313,649 | | 309,982 | | 313,649 | | 309,982 | | | | | | | | | | | Retained earnings | | | | | | | | | | Beginning balance | | | 1,133,326 | | 1,023,578 | | 1,082,950 | | 989,315 | Net earnings common stockholders | | | 26,065 | | 29,230 | | 80,571 | | 67,618 | Dividends paid | | | (2,066) | | (2,060) | | (6,196) | | (6,185) | Ending balance | | | 1,157,325 | | 1,050,748 | | 1,157,325 | | 1,050,748 | | | | | | | | | | | Accumulated other comprehensive income (loss) | | | | | | | | | | Beginning balance | | | (20,670) | | (19,300) | | (10,775) | | (23,969) | Foreign currency translation | | | 23,076 | | (1,001) | | 13,181 | | 3,668 | Ending balance | | | 2,406 | | (20,301) | | 2,406 | | (20,301) | | | | | | | | | | | Treasury stock | | | | | | | | | | Beginning balance | | | (147,075) | | (146,241) | | (147,075) | | (139,362) | Share repurchases | | | — | | (810) | | — | | (7,689) | Ending balance | | | (147,075) | | (147,051) | | (147,075) | | (147,051) | | | | | | | | | | | Total equity | | | 1,326,614 | | 1,193,686 | | 1,326,614 | | 1,193,686 |
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