Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Mar. 31, 2024

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 March 31,					Six months ended March 31,
Derivatives in:	Location	2024			2023		2024		2023
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	—		$	36	$	—	$	937
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		(8,875	)		7,584		9,024		44,869
		$	(8,875	)	$	7,620	$	9,024	$	45,806

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

		Three months ended March 31,					Six months ended March 31,
Derivatives in:	Location	2024			2023		2024		2023
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	—		$	21	$	—	$	917
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		(7,349	)		2,075		11,161		33,767
		$	(7,349	)	$	2,096	$	11,161	$	34,684

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 March 31,					Six months ended March 31,
Derivatives in:	Location	2024			2023		2024		2023
Cross-currency interest rate swap agreement designated as fair value hedges	Selling, general and administrative expenses	$	—		$	36	$	—	$	937
Cross-currency interest rate swap agreements designated as cash flow hedges	Selling, general and administrative expenses		(8,875	)		7,584		9,024		44,869
		$	(8,875	)	$	7,620	$	9,024	$	45,806