Leases

12 Months Ended

Sep. 30, 2021

Leases [Abstract]

Lessee, Operating Leases [Text Block]

Leases

Lessee Accounting

The following represents the components of lease cost for the years ended September 30, 2021 and 2020, and other information for both operating and finance leases for the years ended September 30, 2021 and 2020:

	Year Ended September 30,
	2021		2020
Lease cost
Finance lease cost:
Amortization of ROU assets	$	13,572	$	13,738
Interest on lease liabilities	1,793		1,981
Operating lease cost	15,357		16,052
Short-term lease cost	2,935		4,970
Variable lease cost	—		—
Sublease income	(58)		(56)
Total lease cost	$	33,599	$	36,685

Total lease cost for operating leases was $20,088 for the year ended September 30, 2019.

	Year Ended September 30,
Other information	2021			2020
(Gains)/losses on sale and leaseback transactions, net	$	—		$	—
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$	1,810		$	1,968
Operating cash flows from operating leases	$	15,758		$	16,034
Financing cash flows from finance leases	$	13,373		$	13,459
ROU assets obtained in exchange for new finance lease liabilities	$	14,257		$	14,934
ROU assets obtained in exchange for new operating lease liabilities	$	4,839		$	8,456
ROU asset remeasurement	$	8,177		$	(960)
Weighted average remaining lease term - finance leases	3.6 years			3.9 years
Weighted average remaining lease term - operating leases	4.8 years			5.2 years
Weighted average discount rate - finance leases	4.3		%	4.6		%
Weighted average discount rate - operating leases	4.0		%	4.2		%

The following table reconciles future minimum undiscounted rental commitments for operating leases to operating lease liabilities record on the Consolidated Balance Sheet as of September 30, 2021:

Fiscal Year
2022	$	15,055
2023	12,566
2024	9,945
2025	7,969
2026	5,605
Thereafter	5,056
Total undiscounted lease payments	$	56,196
Present value adjustment	(4,945)
Operating lease liabilities	$	51,251
Less current installments of obligations under operating leases	13,316
Obligations under operating leases, excluding current installments	$	37,935

The gross and net carrying values of the equipment under finance leases as of September 30, 2021 and September 30, 2020 was as follows:

	September 30, 2021		September 30, 2020
Gross carrying amount	$	92,247	$	89,254
Net carrying amount	$	36,884	$	36,577

The following table reconciles future minimum undiscounted rental commitments for finance leases to the finance lease liabilities recorded on the Consolidated Balance Sheet as of September 30, 2021:

Fiscal Year
2022	$	13,433
2023	10,947
2024	8,349
2025	5,567
2026	2,339
Thereafter	356
Total undiscounted lease payments	$	40,991
Present value adjustment	(2,813)
Finance lease liabilities	$	38,178
Less current installments of obligations under finance leases	12,093
Obligations under finance leases, excluding current installments	$	26,085

The current installments of obligations under finance leases are included in Accrued expenses and other liabilities. Obligations under finance leases, excluding current installments, are included in Other non-current liabilities.

Lessor Accounting

The following represents the components of lease revenue for the years ended September 30, 2021 and 2020:

	Year Ended September 30,
	2021		2020
Lease revenue: operating leases	$	152,435	$	148,703
Lease revenue: sales-type leases	37,898		981
Total lease revenue	$	190,333	$	149,684

As of September 30, 2021, future minimum lease payments receivable under operating leases are as follows:

Fiscal year
2022	$	157,369
2023	93,292
2024	62,714
2025	47,359
2026	34,804
Thereafter	152,792
Future minimum lease payments	$	548,330

At September 30, 2021, the Company had current and long-term lease receivables of $1,068 and $37,812, respectively, recorded in Prepaid and other current assets and Other non‑current assets, respectively, in the Consolidated Balance Sheets related to sales-type leases.

As of September 30, 2021, the maturities of the Company’s sales type lease receivables are as follows:

Fiscal year
2022	$	1,068
2023	2,836
2024	2,836
2025	2,836
2026	2,836
Thereafter	26,468
Total	$	38,880

Lessor, Operating Leases [Text Block]

Leases

Lessee Accounting

The following represents the components of lease cost for the years ended September 30, 2021 and 2020, and other information for both operating and finance leases for the years ended September 30, 2021 and 2020:

	Year Ended September 30,
	2021		2020
Lease cost
Finance lease cost:
Amortization of ROU assets	$	13,572	$	13,738
Interest on lease liabilities	1,793		1,981
Operating lease cost	15,357		16,052
Short-term lease cost	2,935		4,970
Variable lease cost	—		—
Sublease income	(58)		(56)
Total lease cost	$	33,599	$	36,685

Total lease cost for operating leases was $20,088 for the year ended September 30, 2019.

	Year Ended September 30,
Other information	2021			2020
(Gains)/losses on sale and leaseback transactions, net	$	—		$	—
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$	1,810		$	1,968
Operating cash flows from operating leases	$	15,758		$	16,034
Financing cash flows from finance leases	$	13,373		$	13,459
ROU assets obtained in exchange for new finance lease liabilities	$	14,257		$	14,934
ROU assets obtained in exchange for new operating lease liabilities	$	4,839		$	8,456
ROU asset remeasurement	$	8,177		$	(960)
Weighted average remaining lease term - finance leases	3.6 years			3.9 years
Weighted average remaining lease term - operating leases	4.8 years			5.2 years
Weighted average discount rate - finance leases	4.3		%	4.6		%
Weighted average discount rate - operating leases	4.0		%	4.2		%

The following table reconciles future minimum undiscounted rental commitments for operating leases to operating lease liabilities record on the Consolidated Balance Sheet as of September 30, 2021:

Fiscal Year
2022	$	15,055
2023	12,566
2024	9,945
2025	7,969
2026	5,605
Thereafter	5,056
Total undiscounted lease payments	$	56,196
Present value adjustment	(4,945)
Operating lease liabilities	$	51,251
Less current installments of obligations under operating leases	13,316
Obligations under operating leases, excluding current installments	$	37,935

The gross and net carrying values of the equipment under finance leases as of September 30, 2021 and September 30, 2020 was as follows:

	September 30, 2021		September 30, 2020
Gross carrying amount	$	92,247	$	89,254
Net carrying amount	$	36,884	$	36,577

The following table reconciles future minimum undiscounted rental commitments for finance leases to the finance lease liabilities recorded on the Consolidated Balance Sheet as of September 30, 2021:

Fiscal Year
2022	$	13,433
2023	10,947
2024	8,349
2025	5,567
2026	2,339
Thereafter	356
Total undiscounted lease payments	$	40,991
Present value adjustment	(2,813)
Finance lease liabilities	$	38,178
Less current installments of obligations under finance leases	12,093
Obligations under finance leases, excluding current installments	$	26,085

The current installments of obligations under finance leases are included in Accrued expenses and other liabilities. Obligations under finance leases, excluding current installments, are included in Other non-current liabilities.

Lessor Accounting

The following represents the components of lease revenue for the years ended September 30, 2021 and 2020:

	Year Ended September 30,
	2021		2020
Lease revenue: operating leases	$	152,435	$	148,703
Lease revenue: sales-type leases	37,898		981
Total lease revenue	$	190,333	$	149,684

As of September 30, 2021, future minimum lease payments receivable under operating leases are as follows:

Fiscal year
2022	$	157,369
2023	93,292
2024	62,714
2025	47,359
2026	34,804
Thereafter	152,792
Future minimum lease payments	$	548,330

At September 30, 2021, the Company had current and long-term lease receivables of $1,068 and $37,812, respectively, recorded in Prepaid and other current assets and Other non‑current assets, respectively, in the Consolidated Balance Sheets related to sales-type leases.

As of September 30, 2021, the maturities of the Company’s sales type lease receivables are as follows:

Fiscal year
2022	$	1,068
2023	2,836
2024	2,836
2025	2,836
2026	2,836
Thereafter	26,468
Total	$	38,880