Stockholders' Equity

9 Months Ended

Jun. 30, 2022

Stockholders Equity Note [Abstract]

Stockholders' Equity

4.   Stockholders’ Equity

Share Repurchases

In August 2017, our Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $1.0 billion of its common stock, subject to certain limitations governed by our debt agreements. In July 2021, our Board of Directors approved a term extension of the share repurchase program for the four-year period ending September 30, 2025. As of June 30, 2022, we had authorization of approximately $595.8 million of additional potential share repurchases remaining under our share repurchase program.

Information related to our shares repurchased and subsequently retired were as follows (in thousands):

	Three Months Ended June 30,				Nine Months Ended June 30,
	2022		2021		2022		2021
Number of shares repurchased		—		—		6,832		—
Total cost of share repurchased	$	—	$	—	$	130,328	$	—

Accumulated Other Comprehensive Loss

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

	Foreign Currency Translation Adjustments			Interest Rate Caps			Foreign Exchange Contracts			Total
Balance at September 30, 2021	$	(92,154	)	$	(2,085	)	$	(402	)	$	(94,641	)
Other comprehensive loss before     reclassification, net of tax		(34,645	)		1,073			400			(33,172	)
Reclassification to net earnings, net of tax		—			1,255			188			1,443
Balance at June 30, 2022	$	(126,799	)	$	243		$	186		$	(126,370	)

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