Stockholders' Equity

9 Months Ended

Jun. 30, 2024

Stockholders' Equity Note [Abstract]

Stockholders' Equity

5. Stockholders’ Equity

Share Repurchases

In August 2017, our Board of Directors (“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 July 2021, our Board approved a term extension of our share repurchase program to September 30, 2025. As of June 30, 2024, we had approximately $530.8 million of additional share repurchase authorizations remaining under our share repurchase program. For the three and nine months ended June 30, 2024, we repurchased 0.9 million and 4.3 million shares of our common stock at a total cost of $10.0 million and $50.0 million, respectively, excluding the impact of excise taxes. For the three and nine months ended June 30, 2023, we did not repurchase shares under our share repurchase program.

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, 2023	$	(124,846	)	$	3,716		$	(1,634	)	$	(122,764	)
Other comprehensive income (loss) before     reclassification, net of tax		1,494			382			(1,043	)		833
Reclassification to net earnings, net of tax		—			(1,840	)		1,917			77
Balance at June 30, 2024	$	(123,352	)	$	2,258		$	(760	)	$	(121,854	)

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