v3.26.1
Stockholders' Equity
9 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Stockholders' Equity Stockholders Equity
Share Repurchases
On November 4, 2022, the Company’s Board of Directors approved an authorization to repurchase up to $1.5 billion of the Company’s common stock (the “2022 Repurchase Authorization”). As of September 30, 2024, the Company had repurchased and retired 30.0 million shares of common stock for the full $1.5 billion approved under the 2022 Repurchase Authorization. All shares repurchased under the 2022 Repurchase Authorization were retired and accounted for as a reduction to stockholders’ equity in the Consolidated Balance Sheets and treated as a repurchase of common stock for
purposes of calculating earnings per share as of the applicable settlement dates. During the nine months ended June 30, 2025, the Company paid the remaining excise tax due in connection with the 2022 Repurchase Authorization, totaling $11.4 million.
On December 8, 2025, the Board of Directors approved a share repurchase program authorizing the repurchase of up to $250.0 million of the Company’s common stock through December 31, 2028 (the “2025 Repurchase Program”). Repurchases under the 2025 Repurchase Program may be made in the open market or through privately negotiated transactions (including under an accelerated share repurchase agreement), or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, subject to market and business conditions, legal requirements, and other factors. During the three months ended June 30, 2026, the Company repurchased 2.3 million shares of common stock for $50.0 million (excluding fees, commissions, and excise tax) in open market repurchases pursuant to the 2025 Repurchase Program. As of June 30, 2026, $200.0 million remained available for future repurchases under the 2025 Repurchase Program. All shares repurchased under the 2025 Repurchase Program were retired and accounted for as a reduction to stockholders’ equity in the Consolidated Balance Sheets and treated as a repurchase of common stock for purposes of calculating earnings per share as of the applicable settlement dates. As of June 30, 2026, the Company accrued $0.4 million for excise tax related to these share repurchases, which is considered an additional cost of the share repurchases and a reduction to stockholders’ equity in the Condensed Consolidated Balance Sheets.
Accumulated Other Comprehensive Income (Loss)

The following is a summary of the components of accumulated other comprehensive income (loss), net of tax for the nine months ended June 30, 2026 and 2025 (in thousands):
Currency
Translation
Adjustments
Unrealized
Gains (Losses)
on Available-
for-Sale
Securities
Net of Tax
Gains (Losses)
on Derivative
Net of Tax
Pension
Liability
Adjustments
Net of Tax
Total
Balance at September 30, 2025$(12,918)$213 $(8,729)$(779)$(22,213)
Other comprehensive income (loss) before reclassifications(9,869)(1,558)4,985 (132)(6,574)
Amounts reclassified from accumulated other comprehensive income (loss)— 72 — (25)47 
Balance at June 30, 2026$(22,787)$(1,273)$(3,744)$(936)$(28,740)

Currency
Translation
Adjustments
Unrealized
Gains (Losses)
on Available-
for-Sale
Securities
Net of Tax
Gains (Losses)
on Derivative
Net of Tax
Pension
Liability
Adjustments
Net of Tax
Total
Balance at September 30, 2024$(34,170)$(263)$21,468 $(499)$(13,464)
Other comprehensive income (loss) before reclassifications33,176 262 (39,744)(205)(6,511)
Amounts reclassified from accumulated other comprehensive income (loss)— — — 54 54 
Balance at June 30, 2025$(994)$(1)$(18,276)$(650)$(19,921)
As described in Note 2, Summary of Significant Accounting Policies in the notes to the audited consolidated financial statements included in the section titled “Financial Statements and Supplementary Data” in Part II, Item 8 of the 2025 Annual Report on Form 10-K, unrealized gains (losses) on available-for-sale marketable securities are reclassified from “Accumulated other comprehensive income (loss)” into results of operations at the time of the securities’ sale, gains (losses) on derivatives are the effective portions of changes in the fair value of the net investment hedges which are
recorded in “Accumulated other comprehensive income (loss)”, and amounts reclassified from “Accumulated other comprehensive income (loss)” related to pension liability adjustments represent amortization of actuarial gains and losses.