Derivative and Hedging Instruments (Tables)

3 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The following table provides information on the attributes of each swap as of December 31, 2024:

Inception Date	Hedged Rate	Notional Value at Inception (in thousands)		Maturity Date
September 2024	SOFR	$	200,000	September 2027
September 2024	Term SOFR	$	200,000	September 2027

Schedule of Interest Rate Derivatives

The following table provides information regarding the fair value of the interest rate swap agreements and the impact on the unaudited condensed consolidated balance sheets at ($ in thousands):

Balance Sheet Location	December 31, 2024		September 30, 2024
Prepaid expenses and other current assets	$	2,500	$	1,560
Other long-term assets	2,723		—
Other long-term liabilities	—		(3,626)
Net asset (liability)	$	5,223	$	(2,066)

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

Information about the effect of the interest swap agreements in the accompanying unaudited condensed consolidated statements of operations and unaudited condensed consolidated statements of comprehensive income (loss), is as follows ($ in thousands):

For the three months ended December 31,	Results Recognized in Accumulated Other Comprehensive Income (Loss) (effective Portion)		Location of Results Reclassified from Accumulated Other Comprehensive Income (Loss) to Earnings	Results Reclassified from Accumulated Other Comprehensive Income (Loss) to Earnings
2024	$	8,573	Interest expense – other and Interest expense – floor plan	$	1,284
2023	$	—	Interest expense – other and Interest expense – floor plan	$	—

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The following table sets forth the location and amount of gain or (loss) recognized in earnings on cash flow hedging relationships for the three months ended December 31, 2024 and 2023 ($ in thousands):

	December 31, 2024				December 31, 2023
	Interest expense – other		Interest expense – floor plan		Interest expense – other		Interest expense – floor plan
Amount of gain or (loss) reclassified from accumulated other comprehensive income (loss) to earnings	$	568	$	716	$	—	$	—