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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Sep. 30, 2023
Current assets:    
Cash and cash equivalents $ 65,963 $ 41,866
Accounts receivable, less allowance for credit losses of $2,734 and $2,264 in 2024 and 2023, respectively 240,680 198,557
Contract assets, net 130,534 138,633
Inventories 209,164 184,067
Other current assets 22,308 17,972
Total current assets 668,649 581,095
Property, plant and equipment:    
Land and land improvements 12,395 12,382
Buildings and leasehold improvements 125,722 112,765
Machinery and equipment 209,036 186,866
Construction in progress 20,708 18,169
Property, Plant and Equipment, Gross 367,861 330,182
Less accumulated depreciation and amortization (197,265) (174,698)
Net property, plant and equipment 170,596 155,484
Intangible assets, net 407,602 392,124
Goodwill 539,899 503,177
Operating lease assets, net 37,744 39,839
Other assets 14,130 11,495
Total Assets 1,838,620 1,683,214
Current liabilities:    
Current maturities of long-term debt 20,000 20,000
Accounts payable 98,371 86,973
Contract liabilities, net 124,845 112,277
Accrued salaries 47,651 43,814
Accrued other expenses 58,987 51,587
Total current liabilities 349,854 314,651
Deferred tax liabilities, net 75,333 75,531
Non-current operating lease liabilities 34,810 36,554
Other liabilities 39,273 43,336
Long-term debt 102,000 82,000
Total liabilities 601,270 552,072
Shareholders' equity:    
Preferred stock, par value $.01 per share, authorized 10,000,000 shares
Common stock, par value $.01 per share, authorized 50,000,000 shares; issued 30,809,483 and 30,781,699 shares in 2024 and 2023 respectively 308 308
Additional paid-in capital 311,942 304,850
Retained earnings 1,082,950 989,315
Accumulated other comprehensive loss, net of tax (10,775) (23,969)
Total stockholders' equity before treasury stock 1,384,425 1,270,504
Less treasury stock, at cost (5,056,771 and 4,995,414 common shares in 2024 and 2023, respectively) (147,075) (139,362)
Total shareholders' equity 1,237,350 1,131,142
Total Liabilities and Shareholders' Equity $ 1,838,620 $ 1,683,214