Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedges, Assets [Abstract]

Impact of Derivative Instruments on Earnings

The following table discloses the amount of (income) expense recognized in earnings on derivative instruments designated as qualifying hedging instruments:

		Three months ended December 31,
Derivatives in:	Location	2023		2022
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	—	$	901
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		17,899		37,285
		$	17,899	$	38,186

The following table discloses the amount of (gain) loss recognized in accumulated OCI on derivative instruments designated as qualifying hedging instruments:

		Three months ended December 31,
Derivatives in:	Location	2023		2022
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	—	$	896
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		18,510		31,692
		$	18,510	$	32,588

The following table discloses the amount of (gain) loss reclassified from accumulated OCI into earnings on derivative instruments designated as qualifying hedging instruments:

		Three months ended December 31,
Derivatives in:	Location	2023		2022
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	—	$	901
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		17,899		37,285
		$	17,899	$	38,186