Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.23.1
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, 2021   61,954    
Beginning balance at Sep. 30, 2021 $ 1,480,329 $ 532,411 $ (39,908) $ 987,826
Increase (Decrease) in Shareholders' Equity        
Net income 53,330     53,330
Foreign currency translation 459   459  
Cash flow hedge, net of tax 2,685   2,685  
Cash dividends (17,347)     (17,347)
Dividends on RSUs 0 $ 272   (272)
Purchases of Maximus common stock (in shares)   (18)    
Purchases of Maximus common stock (1,379)     (1,379)
Stock compensation expense 8,248 $ 8,248    
Tax withholding adjustment related to RSU vesting 2,101 $ 2,101    
Ending (in shares) at Dec. 31, 2021   61,936    
Ending balance at Dec. 31, 2021 1,528,426 $ 543,032 (36,764) 1,022,158
Balance (in shares) at Sep. 30, 2021   61,954    
Beginning balance at Sep. 30, 2021 1,480,329 $ 532,411 (39,908) 987,826
Increase (Decrease) in Shareholders' Equity        
Net income 103,426      
Foreign currency translation 436      
Cash flow hedge, net of tax 13,374      
Ending (in shares) at Mar. 31, 2022   61,610    
Ending balance at Mar. 31, 2022 1,554,216 $ 550,228 (26,098) 1,030,086
Balance (in shares) at Dec. 31, 2021   61,936    
Beginning balance at Dec. 31, 2021 1,528,426 $ 543,032 (36,764) 1,022,158
Increase (Decrease) in Shareholders' Equity        
Net income 50,096     50,096
Foreign currency translation (23)   (23)  
Cash flow hedge, net of tax 10,689   10,689  
Cash dividends (17,312)     (17,312)
Dividends on RSUs 0 $ 392   (392)
Purchases of Maximus common stock (in shares)   (330)    
Purchases of Maximus common stock (24,464)     (24,464)
Stock compensation expense 6,804 $ 6,804    
RSUs vested (in shares)   4    
RSUs vested 0      
Ending (in shares) at Mar. 31, 2022   61,610    
Ending balance at Mar. 31, 2022 $ 1,554,216 $ 550,228 (26,098) 1,030,086
Balance (in shares) at Sep. 30, 2022 60,774 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 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 71,783      
Foreign currency translation 9,001      
Cash flow hedge, net of tax $ (8,343)      
Ending (in shares) at Mar. 31, 2023 60,784 60,784    
Ending balance at Mar. 31, 2023 $ 1,601,722 $ 572,632 (33,303) 1,062,393
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    
RSUs vested $ 0      
Ending (in shares) at Mar. 31, 2023 60,784 60,784    
Ending balance at Mar. 31, 2023 $ 1,601,722 $ 572,632 $ (33,303) $ 1,062,393