Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands |
Total |
Common Stock |
Accumulated Other Comprehensive Loss |
Retained Earnings |
| Beginning balance (in shares) at Sep. 30, 2023 |
|
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 balance (in shares) at Dec. 31, 2023 |
|
61,031
|
|
|
| Ending balance at Dec. 31, 2023 |
1,717,806
|
$ 585,278
|
(30,588)
|
1,163,116
|
| Beginning balance (in shares) at Sep. 30, 2023 |
|
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)
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2024 |
|
60,427
|
|
|
| Ending balance at Jun. 30, 2024 |
1,818,715
|
$ 604,287
|
(30,934)
|
1,245,362
|
| Beginning 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 balance (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)
|
|
|
| Purchases of Maximus common stock |
(50,637)
|
|
|
(50,637)
|
| Stock compensation expense |
9,481
|
$ 9,481
|
|
|
| RSUs vested (in shares) |
|
1
|
|
|
| Ending balance (in shares) at Jun. 30, 2024 |
|
60,427
|
|
|
| Ending balance at Jun. 30, 2024 |
$ 1,818,715
|
$ 604,287
|
(30,934)
|
1,245,362
|
| Beginning balance (in shares) at Sep. 30, 2024 |
60,352
|
60,352
|
|
|
| Beginning balance at Sep. 30, 2024 |
$ 1,842,815
|
$ 598,304
|
(32,460)
|
1,276,971
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
| Net income |
41,196
|
|
|
41,196
|
| Foreign currency translation |
10,452
|
|
10,452
|
|
| Cash flow hedge, net of tax |
2,454
|
|
2,454
|
|
| Cash dividends |
(18,060)
|
|
|
(18,060)
|
| Dividends on RSUs |
0
|
$ 301
|
|
(301)
|
| Purchases of Maximus common stock (in shares) |
|
(3,113)
|
|
|
| Purchases of Maximus common stock |
(236,655)
|
|
|
(236,655)
|
| Stock compensation expense |
6,952
|
$ 6,952
|
|
|
| Tax withholding adjustment related to RSU vesting |
(2,305)
|
$ (2,305)
|
|
|
| RSUs vested (in shares) |
|
47
|
|
|
| Ending balance (in shares) at Dec. 31, 2024 |
|
57,286
|
|
|
| Ending balance at Dec. 31, 2024 |
$ 1,646,849
|
$ 603,252
|
(19,554)
|
1,063,151
|
| Beginning balance (in shares) at Sep. 30, 2024 |
60,352
|
60,352
|
|
|
| Beginning balance at Sep. 30, 2024 |
$ 1,842,815
|
$ 598,304
|
(32,460)
|
1,276,971
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
| Net income |
243,746
|
|
|
|
| Foreign currency translation |
21,503
|
|
|
|
| Cash flow hedge, net of tax |
$ (1,672)
|
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
56,350
|
56,350
|
|
|
| Ending balance at Jun. 30, 2025 |
$ 1,773,036
|
$ 627,496
|
(12,629)
|
1,158,169
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
57,286
|
|
|
| Beginning balance at Dec. 31, 2024 |
1,646,849
|
$ 603,252
|
(19,554)
|
1,063,151
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
| Net income |
96,569
|
|
|
96,569
|
| Foreign currency translation |
3,731
|
|
3,731
|
|
| Cash flow hedge, net of tax |
(2,552)
|
|
(2,552)
|
|
| Cash dividends |
(16,901)
|
|
|
(16,901)
|
| Dividends on RSUs |
0
|
$ 440
|
|
(440)
|
| Purchases of Maximus common stock (in shares) |
|
(947)
|
|
|
| Purchases of Maximus common stock |
(72,845)
|
|
|
(72,845)
|
| Stock compensation expense |
12,623
|
$ 12,623
|
|
|
| RSUs vested (in shares) |
|
10
|
|
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
56,349
|
|
|
| Ending balance at Mar. 31, 2025 |
1,667,474
|
$ 616,315
|
(18,375)
|
1,069,534
|
| Increase (Decrease) in Shareholders' Equity |
|
|
|
|
| Net income |
105,981
|
|
|
105,981
|
| Foreign currency translation |
7,320
|
|
7,320
|
|
| Cash flow hedge, net of tax |
(1,574)
|
|
(1,574)
|
|
| Cash dividends |
(16,904)
|
|
|
(16,904)
|
| Dividends on RSUs |
0
|
442
|
|
(442)
|
| Stock compensation expense |
10,749
|
10,749
|
|
|
| Tax withholding adjustment related to RSU vesting |
$ (10)
|
$ (10)
|
|
|
| RSUs vested (in shares) |
|
1
|
|
|
| Ending balance (in shares) at Jun. 30, 2025 |
56,350
|
56,350
|
|
|
| Ending balance at Jun. 30, 2025 |
$ 1,773,036
|
$ 627,496
|
$ (12,629)
|
$ 1,158,169
|