v3.26.1
Stockholders' Equity
 6 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity

5. Stockholders’ Equity

Share Repurchases

In August 2017, our Board of Directors (the “Board”) approved a share repurchase program authorizing us to repurchase up to $1.0 billion of our common stock, subject to certain limitations governed by our debt agreements. In May 2025, our Board approved a term extension of our share repurchase program to September 30, 2029. Under this extension the Company is authorized to purchase its common stock up to the amount remaining under the Board’s 2017 authorization. As of March 31, 2026, we had approximately $421.3 million of additional share repurchase authorizations remaining under our share repurchase program. For the three and six months ended March 31, 2026, we repurchased 1.7 million shares and 3.0 million shares of our common stock at a total cost of $25.4 million and $46.0 million, respectively, excluding the impact of excise taxes. For the three and six months ended March 31, 2025, we repurchased 1.1 million shares and 1.8 million shares of our common stock at a total cost of $10.0 million and $20.0 million, respectively, excluding the impact of excise taxes.

Accumulated Other Comprehensive Loss

The change in accumulated other comprehensive loss (“AOCL”) was as follows (in thousands):

 

 

Foreign Currency Translation Adjustments

 

 

Interest Rate Swap

 

 

Foreign Exchange Contracts

 

 

Total

 

 

Balance at September 30, 2025

 

$

(104,329

)

 

$

84

 

 

$

(603

)

 

$

(104,848

)

 

Other comprehensive income (loss) before
    reclassification, net of tax

 

 

(4,692

)

 

 

55

 

 

 

(371

)

 

 

(5,008

)

 

Reclassification to net earnings, net of tax

 

 

—

 

 

 

(104

)

 

 

418

 

 

 

314

 

 

Balance at March 31, 2026

 

$

(109,021

)

 

$

35

 

 

$

(556

)

 

$

(109,542

)

 

The tax impacts for the changes in other comprehensive income (loss) and the reclassifications to net earnings were not material.