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SHAREHOLDERS' EQUITY
 9 Months Ended
Jun. 30, 2024
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
NOTE 7 SHAREHOLDERS’ EQUITY
The Company has an evergreen authorization from the Board of Directors ("the Board") for the repurchase of up to four million common shares in any calendar year. The repurchases may be made using our cash and cash equivalents or other available sources. We did not make any share repurchases during the three months ended June 30, 2024. During the nine months ended June 30, 2024, we repurchased 1.4 million common shares at an aggregate cost of $51.6 million, including excise tax of $0.3 million. During the three and nine months ended June 30, 2023, we repurchased 3.2 million and 6.5 million common shares at an aggregate cost of $103.2 million and $249.0 million, including excise tax of $1.0 million and $1.8 million, respectively.
During the three and nine months ended June 30, 2024, we declared $42.0 million and $143.3 million, respectively, in cash dividends. A base cash dividend of $0.25 per share and a supplemental dividend of $0.17 per share was declared on June 5, 2024 for shareholders of record on August 16, 2024, payable on August 30, 2024. As a result, we recorded a Dividend payable of $42.0 million on our Unaudited Condensed Consolidated Balance Sheets as of June 30, 2024.
Accumulated Other Comprehensive Loss
Components of accumulated other comprehensive loss were as follows:
June 30,September 30,
(in thousands)20242023
Pre-tax amounts:
Unrealized pension actuarial loss$(9,886)$(10,407)
Unrealized loss on available-for-sale debt security
(1,191)— 
$(11,077)$(10,407)
After-tax amounts:
Unrealized pension actuarial loss$(7,579)$(7,981)
Unrealized loss on available-for-sale debt security
(920)— 
$(8,499)$(7,981)
Fluctuations in pension actuarial gains and losses are primarily due to changes in the discount rate and investment returns related to the defined benefit pension plan.
Investments classified as available-for-sale debt securities are reported at fair value with unrealized gains and losses excluded from net income (loss) and reported in other comprehensive income (loss).
The following is a summary of the changes in accumulated other comprehensive loss, net of tax, for the three and nine months ended June 30, 2024:
Three Months Ended June 30, 2024
(in thousands)
Unrealized Loss on Available-for-Sale Securities
Defined Benefit Pension Plan
Total
Balance at beginning of period$— $(7,713)$(7,713)
Other comprehensive loss before reclassifications
(920)— (920)
Amounts reclassified from accumulated other comprehensive income— 134 134 
Net current-period other comprehensive loss
(920)134 (786)
Balance at June 30 2024$(920)$(7,579)$(8,499)
Nine Months Ended June 30, 2024
(in thousands)
Unrealized Loss on Available-for-Sale Securities
Defined Benefit Pension Plan
Total
Balance at beginning of period$— $(7,981)$(7,981)
Other comprehensive loss before reclassifications
(920)— (920)
Amounts reclassified from accumulated other comprehensive income— 402 402 
Net current-period other comprehensive loss
(920)402 (518)
Balance at June 30 2024$(920)$(7,579)$(8,499)