Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity

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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Accumulated Other Comprehensive Loss
Retained Earnings
Balance (in shares) at Sep. 30, 2022   60,774    
Beginning balance at Sep. 30, 2022 $ 1,549,371 $ 557,978 $ (33,961) $ 1,025,354
Increase (Decrease) in Shareholders' Equity        
Net income 39,995     39,995
Foreign currency translation 8,036   8,036  
Cash flow hedge, net of tax (3,781)   (3,781)  
Cash dividends (17,017)     (17,017)
Dividends on RSUs 0 298   (298)
Stock compensation expense 4,403 $ 4,403    
Ending (in shares) at Dec. 31, 2022   60,774    
Ending balance at Dec. 31, 2022 1,581,007 $ 562,679 (29,706) 1,048,034
Balance (in shares) at Sep. 30, 2022   60,774    
Beginning balance at Sep. 30, 2022 1,549,371 $ 557,978 (33,961) 1,025,354
Increase (Decrease) in Shareholders' Equity        
Net income 102,646      
Foreign currency translation 10,947      
Cash flow hedge, net of tax (1,297)      
Ending (in shares) at Jun. 30, 2023   60,784    
Ending balance at Jun. 30, 2023 1,632,853 $ 581,338 (24,311) 1,075,826
Balance (in shares) at Dec. 31, 2022   60,774    
Beginning balance at Dec. 31, 2022 1,581,007 $ 562,679 (29,706) 1,048,034
Increase (Decrease) in Shareholders' Equity        
Net income 31,788     31,788
Foreign currency translation 965   965  
Cash flow hedge, net of tax (4,562)   (4,562)  
Cash dividends (17,016)     (17,016)
Dividends on RSUs 0 413   (413)
Stock compensation expense 9,540 $ 9,540    
RSUs vested (in shares)   10    
Ending (in shares) at Mar. 31, 2023   60,784    
Ending balance at Mar. 31, 2023 1,601,722 $ 572,632 (33,303) 1,062,393
Increase (Decrease) in Shareholders' Equity        
Net income 30,863     30,863
Foreign currency translation 1,946   1,946  
Cash flow hedge, net of tax 7,046   7,046  
Cash dividends (17,020)     (17,020)
Dividends on RSUs   410   (410)
Stock compensation expense 8,296 $ 8,296    
Ending (in shares) at Jun. 30, 2023   60,784    
Ending balance at Jun. 30, 2023 $ 1,632,853 $ 581,338 (24,311) 1,075,826
Balance (in shares) at Sep. 30, 2023 60,998 60,998    
Beginning balance at Sep. 30, 2023 $ 1,667,835 $ 577,898 (27,615) 1,117,552
Increase (Decrease) in Shareholders' Equity        
Net income 64,148     64,148
Foreign currency translation 5,912   5,912  
Cash flow hedge, net of tax (8,885)   (8,885)  
Cash dividends (18,299)     (18,299)
Dividends on RSUs 0 285   (285)
Stock compensation expense 9,427 9,427    
Tax withholding adjustment related to RSU vesting (2,332) $ (2,332)    
RSUs vested (in shares)   33    
Ending (in shares) at Dec. 31, 2023   61,031    
Ending balance at Dec. 31, 2023 $ 1,717,806 $ 585,278 (30,588) 1,163,116
Balance (in shares) at Sep. 30, 2023 60,998 60,998    
Beginning balance at Sep. 30, 2023 $ 1,667,835 $ 577,898 (27,615) 1,117,552
Increase (Decrease) in Shareholders' Equity        
Net income 234,410      
Foreign currency translation 4,079      
Cash flow hedge, net of tax (7,398)      
Purchases of Maximus common stock $ (50,600)      
Ending (in shares) at Jun. 30, 2024 60,427 60,427    
Ending balance at Jun. 30, 2024 $ 1,818,715 $ 604,287 (30,934) 1,245,362
Balance (in shares) at Dec. 31, 2023   61,031    
Beginning balance at Dec. 31, 2023 1,717,806 $ 585,278 (30,588) 1,163,116
Increase (Decrease) in Shareholders' Equity        
Net income 80,510     80,510
Foreign currency translation (2,245)   (2,245)  
Cash flow hedge, net of tax 2,684   2,684  
Cash dividends (18,309)     (18,309)
Dividends on RSUs 0 412   (412)
Stock compensation expense 8,697 $ 8,697    
RSUs vested (in shares)   6    
Ending (in shares) at Mar. 31, 2024   61,037    
Ending balance at Mar. 31, 2024 1,789,143 $ 594,387 (30,149) 1,224,905
Increase (Decrease) in Shareholders' Equity        
Net income 89,752     89,752
Foreign currency translation 412   412  
Cash flow hedge, net of tax (1,197)   (1,197)  
Cash dividends (18,239)     (18,239)
Dividends on RSUs $ 0 $ 419   (419)
Purchases of Maximus common stock (in shares) (611) (611)    
Purchases of Maximus common stock $ (50,637)     (50,637)
Stock compensation expense $ 9,481 $ 9,481    
RSUs vested (in shares)   1    
Ending (in shares) at Jun. 30, 2024 60,427 60,427    
Ending balance at Jun. 30, 2024 $ 1,818,715 $ 604,287 $ (30,934) $ 1,245,362