Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Mar. 31, 2024

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income

Amounts in accumulated other comprehensive income (“AOCI”), net of tax, at March 31, 2024 and September 30, 2023, were as follows (in thousands):

AOCI	March 31, 2024 (unaudited)		September 30, 2023
Interest rate swap contract, net of blend and extend arrangement	$	19,446	$	25,533
Unrealized loss on available-for-sale securities	(451)		(847)
Less tax effect of other comprehensive income (loss) items	(4,614)		(5,992)
Total	$	14,381	$	18,694

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income

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

AOCI	Interest Rate Hedge
Balance at September 30, 2023	$	18,694
Net OCI changes	(4,313)
Balance at March 31, 2024 (unaudited)	$	14,381

AOCI	Interest Rate Hedge
Balance at September 30, 2022	$	17,620
Net OCI changes	(4,635)
Balance at March 31, 2023 (unaudited)	$	12,985

Reclassification out of Accumulated Other Comprehensive Income

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

	For the Three Months Ended March 31,
	2024		2023
Interest expense (benefit)	$	(2,646)	$	(2,007)
Realized loss on restricted investments	26		(4)
Benefit from income taxes	651		517
Total reclassifications from AOCI to earnings	$	(1,969)	$	(1,494)

	For the Six Months Ended March 31,
	2024		2023
Interest expense (benefit)	$	(5,284)	$	(3,342)
Realized loss on restricted investments	49		(4)
Benefit from income taxes	1,299		861
Total reclassifications from AOCI to earnings	$	(3,936)	$	(2,485)