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Debt (Tables)
 3 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long‑term debt, including accrued interest, consists of the following:
December 31,
2021		September 30,
2021
2021 Term Loan, due April 1, 2028 (1)
$472,650 $473,837 
2021 Revolving Credit Facility, due April 1, 2026 (2)
27,269 37,268 
Securitization Facility, due April 1, 2024 (3)
144,168 150,061 
Equipment Financing, due September 30, 2023 to July 5, 2029, interest rates ranging from 3.13% to 8.07%
97,081 93,375 
Notes Payable, due July 31, 2023347 402 
Total debt741,515 754,943 
Less unamortized deferred financing fees(11,272)(11,738)
Total net debt730,243 743,205 
Less current portion(13,296)(12,775)
Total long‑term debt$716,947 $730,430 
(1)The interest rate on the 2021 Term Loan was 2.63% as of December 31, 2021, comprised of 0.13% LIBOR plus the 2.50% spread. Includes accrued interest of $25 at both December 31, 2021 and September 30, 2021.
(2)The interest rate on the 2021 Revolving Credit Facility was 2.33% as of December 31, 2021, comprised of 0.13% LIBOR plus the 2.20% spread. During the three months ended December 31, 2021, the spread on the 2021 Revolving Credit Facility was reduced from 2.25% at September 30, 2021 as a result of a Sustainability Pricing Adjustment per the 2021 Credit Agreement. Includes accrued interest of $269 and $268, at December 31, 2021 and September 30, 2021, respectively.
(3)The interest rate on the Securitization Facility was 1.35% as of December 31, 2021, comprised of 0.10% LIBOR plus the 1.25% spread. Includes accrued interest of $68 and $61 at December 31, 2021 and September 30, 2021, respectively.
Schedule of Line of Credit Facilities
The following table summarizes the amount of the Company’s outstanding borrowings and outstanding letters of credit under the 2021 Revolving Credit Facility as of December 31, 2021 and September 30, 2021.
December 31,
2021		September 30,
2021
Borrowing availability$350,000 $350,000 
Outstanding borrowings27,000 37,000 
Outstanding letters of credit9,828 10,112 
Unused amounts$313,172 $302,888 
The following summarizes the Company’s outstanding letters of credit and surety bonds as of December 31, 2021 and September 30, 2021, respectively.
December 31,
2021		September 30,
2021
Revolving credit capacity$60,000 $60,000 
Letters of credit outstanding9,828 10,112 
Remaining revolving credit capacity$50,172 $49,888 
Surety capacity$250,000 $250,000 
Surety issuances142,709 147,845 
Remaining surety available$107,291 $102,155 
Schedule of Equipment Financing
During the three months ended December 31, 2021, the Company completed the following equipment financings:
Date EnteredDueInterest Rate at 12/31/2021Principal Amount
December 30, 2021December 30, 20283.94 %$2,207 
December 23, 2021
July 31, 2029(1)
4.75 %3,742 
$5,949 
(1)    Represents an advance received from the lender on a multiple draw term loan in which the Company is making interest only payments through August 1, 2022 based on a 1.00% LIBOR floor plus a 3.75% spread. The Company entered into an interest rate swap with an effective date of August 1, 2022 to mitigate risk associated with this variable rate equipment financing, see Note 12, “Derivative Financial Instruments” for further discussion.
Schedule of Deferred Financing Costs and Discounts
Deferred financing fees and discounts related to the Company’s long-term debt were included as a contra liability to debt on the Consolidated Balance Sheets as follows:
December 31,
2021		September 30,
2021
Current portion of deferred financing fees and discounts(1)
$(1,876)$(1,866)
Long-term portion of deferred financing fees and discounts(2)
(9,396)(9,872)
Total deferred financing fees and discounts$(11,272)$(11,738)
(1)Included in Current portion of debt, net of deferred financing fees and discounts on the Consolidated Balance Sheets.
(2)Included in Long-term debt, net of deferred financing fees and discounts on the Consolidated Balance Sheets
Schedule of Aggregate Maturities of Long-term Debt
Aggregate maturities of all long‑term debt, including current portion of long‑term debt and excluding finance lease obligations as of December 31, 2021, are presented below:
Fiscal Year
Remainder of 2022$11,236 
202316,062 
2024158,712 
202516,162 
202619,438 
Thereafter
519,905 
Total
$741,515