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Fair Value Measurements and Derivatives Instruments (Tables)
6 Months Ended
Mar. 31, 2019
Derivative Instruments Gain Loss [Line Items]  
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables summarize the financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2019 and September 30, 2018:

 

 

March 31, 2019

 

 

 

Carrying Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Other assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments held by Rabbi Trust

 

$

10,940

 

 

$

10,940

 

 

$

 

 

$

 

Total assets

 

$

10,940

 

 

$

10,940

 

 

$

 

 

$

 

Accrued expenses and other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

$

9,635

 

 

$

 

 

$

9,635

 

 

$

 

Other liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

 

8,437

 

 

 

 

 

 

8,437

 

 

 

 

Obligation to Rabbi Trust

 

 

10,940

 

 

 

10,940

 

 

 

 

 

 

 

Total liabilities

 

$

29,012

 

 

$

10,940

 

 

$

18,072

 

 

$

 

 

 

 

September 30, 2018

 

 

 

Carrying Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Other assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments held by Rabbi Trust

 

$

12,517

 

 

$

12,517

 

 

$

 

 

$

 

Total assets

 

$

12,517

 

 

$

12,517

 

 

$

 

 

$

 

Accrued expenses and other current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

$

3,441

 

 

$

 

 

$

3,441

 

 

$

 

Other liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

 

12,098

 

 

 

 

 

 

12,098

 

 

 

 

Obligation to Rabbi Trust

 

 

12,517

 

 

 

12,517

 

 

 

 

 

 

 

Total liabilities

 

$

28,056

 

 

$

12,517

 

 

$

15,539

 

 

$

 

 

Interest Rate Swaps  
Derivative Instruments Gain Loss [Line Items]  
Summary of Effects on Consolidated Financial Statements of Designated As Cash Flow Hedges

The effects on the consolidated financial statements of the interest rate swaps which were designated as cash flow hedges were as follows:

 

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

(Loss) income recognized in Other comprehensive income

 

$

(1,917

)

 

$

4,210

 

 

$

(6,075

)

 

$

7,080

 

Net loss reclassified from Accumulated other

      comprehensive loss into Interest expense

 

 

(2,597

)

 

 

(2,221

)

 

 

(3,433

)

 

 

(4,831

)