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Leases (Tables)
6 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Lease-Related Assets and Liabilities

Lease-related assets and liabilities were as follows:

 

 

Classification on the Condensed Consolidated Balance Sheets

 

March 31, 2025

 

 

September 30, 2024

 

Assets:

 

 

 

 

 

 

 

 

Operating lease

 

Other assets

 

$

25,471

 

 

$

27,135

 

Finance lease

 

Property, plant, and equipment, net

 

 

3,101

 

 

 

2,516

 

Total lease assets

 

 

 

 

28,572

 

 

 

29,651

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

Operating lease

 

Accrued liabilities

 

 

5,783

 

 

 

5,029

 

Finance lease

 

Current portion of long-term debt

 

 

989

 

 

 

719

 

Noncurrent liabilities:

 

 

 

 

 

 

 

 

Operating lease

 

Other liabilities

 

 

20,229

 

 

 

22,670

 

Finance lease

 

Long-term debt, less current portion

 

 

2,341

 

 

 

2,017

 

Total lease liabilities

 

 

 

$

29,342

 

 

$

30,435

 

Lease-Related Expenses

Lease-related expenses were as follows:

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Operating lease expense

 

$

1,899

 

 

$

1,656

 

 

$

3,695

 

 

$

3,288

 

Amortization of finance lease assets

 

 

242

 

 

 

222

 

 

 

483

 

 

 

470

 

Interest on finance lease liabilities

 

 

42

 

 

 

32

 

 

 

86

 

 

 

73

 

Variable lease expense

 

 

375

 

 

 

301

 

 

 

568

 

 

 

529

 

Short-term lease expense

 

 

55

 

 

 

45

 

 

 

108

 

 

 

83

 

Total lease expense

 

$

2,613

 

 

$

2,256

 

 

$

4,940

 

 

$

4,443

 

Lease-Related Supplemental Cash Flow Information

Lease-related supplemental cash flow information was as follows:

 

 

Six Months Ended March 31,

 

 

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Operating cash flows for operating leases

 

$

2,982

 

 

$

2,660

 

Operating cash flows for finance leases

 

 

86

 

 

 

73

 

Financing cash flows for finance leases

 

 

474

 

 

 

472

 

Right-of-use assets obtained in exchange for recorded lease obligations:

 

 

 

 

 

 

Operating leases

 

 

3,852

 

 

 

966

 

Finance leases

 

 

1,069

 

 

 

 

Property, Plant and Equipment Leased to Others through Embedded Leasing Arrangements

The carrying amount of property, plant, and equipment leased to others through embedded leasing arrangements, included in “Property, plant, and equipment, net” on the Condensed Consolidated Balance Sheets, follows:

 

 

March 31, 2025

 

 

September 30, 2024

 

Property, plant, and equipment

 

$

36,818

 

 

$

48,495

 

Less accumulated depreciation

 

 

(24,699

)

 

 

(32,994

)

Property, plant, and equipment, net

 

$

12,119

 

 

$

15,501