Fair Value Measurements (Tables)

9 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities and other fair value disclosures by fair value hierarchy

Financial instruments measured at fair value on recurring basis

Consistent with the fair value hierarchy, we categorized our financial assets and liabilities as follows:

(in thousands)	Classification	Fair Value Hierarchy Level	June 30, 2024		September 30, 2023
Financial Assets:
Foreign exchange contracts
Non-designated cash flow hedges	Other current assets	Level 2	$	1,028	$	1,160
Interest rate swap	Other assets	Level 2		2,982		4,668
Total assets			$	4,010	$	5,828
.
Financial Liabilities:
Foreign exchange contracts
Designated cash flow hedges	Accrued liabilities	Level 2	$	146	$	—
Non-designated cash flow hedges	Accrued liabilities	Level 2		197		397
Total liabilities			$	343	$	397

Other fair value disclosures

The carrying amounts of cash equivalents, trade and other accounts receivable, and accounts payable and borrowing under our $500 million asset-based senior secured loan facility (the “ABL facility”) approximate their respective fair values due to the short-term nature of these financial instruments. Carrying amounts and the related estimated fair value of our long-term debt, excluding finance lease obligations, debt issuance costs and original issue discounts, are as follows:

		June 30, 2024				September 30, 2023
(in thousands)	Fair Value Hierarchy Level	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt, excluding finance lease obligations
Senior notes	Level 1	$	600,000	$	592,500	$	679,961	$	662,962
Term loan B	Level 2		395,000		394,013		398,000		398,000
Total long-term debt		$	995,000	$	986,513	$	1,077,961	$	1,060,962