Other Comprehensive Income (Tables)

9 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income

Amounts in accumulated other comprehensive income (“AOCI”), net of tax, at June 30, 2023 and September 30, 2022, were as follows (in thousands):

AOCI	June 30, 2023 (unaudited)		September 30, 2022
Interest rate swap contract, net of blend and extend arrangement	$	23,206	$	23,761
Unrealized loss on available-for-sale securities	(581)		(566)
Less net tax effect of other comprehensive income items	(5,642)		(5,575)
Total	$	16,983	$	17,620

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income

Changes in AOCI, net of tax, are as follows (in thousands):

AOCI
Balance at September 30, 2022	$	17,620
Net OCI changes	(637)
Balance at June 30, 2023 (unaudited)	$	16,983

AOCI
Balance at September 30, 2021	$	(23)
Net OCI changes	8,478
Balance at June 30, 2022 (unaudited)	$	8,455

Reclassification out of Accumulated Other Comprehensive Income

Amounts reclassified from AOCI to earnings are as follows (unaudited, in thousands):

	For the Three Months Ended June 30,
	2023		2022
Interest (benefit) expense	$	(2,377)	$	55
Realized loss on restricted investments	6		—
Expense (benefit) from income taxes	612		(14)
Total reclassifications from AOCI to earnings	$	(1,759)	$	41

	For the Nine Months Ended June 30,
	2023		2022
Interest (benefit) expense	$	(5,719)	$	691
Realized loss on restricted investments	10		—
Expense (benefit) from income taxes	1,473		(178)
Total reclassifications from AOCI to earnings	$	(4,236)	$	513