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Debt (Tables)
6 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Summary of Long-term Debt

Debt consisted of the following (in thousands):

 

 

 

March 31, 2023

 

 

September 30, 2022

 

2022 Term Loan due April 28, 2029 — SOFR + 2.50% + 0.1% (7.41% at March 31, 2023 and 4.09% at September 30, 2022)

 

$

597,000

 

 

$

600,000

 

Revolving Credit Facility through March 31, 2026 - SOFR + 0.1%

 

 

 

 

 

 

Total

 

 

597,000

 

 

 

600,000

 

Less unamortized deferred financing costs

 

 

(4,354

)

 

 

(4,712

)

Less unamortized original issue discount

 

 

(4,074

)

 

 

(4,409

)

Less current portion

 

 

(6,000

)

 

 

(6,000

)

Long-term debt—less current portion and unamortized
   deferred financing costs

 

$

582,572

 

 

$

584,879

 

Summary of Interest Expense

Interest expense consisted of the following (in thousands):

 

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Interest expense

 

 

 

 

 

 

 

 

 

 

 

 

     2022 Term Loan Agreement

 

$

10,584

 

 

$

 

 

$

19,504

 

 

$

 

Term Loan Agreement

 

 

 

 

 

3,798

 

 

 

 

 

 

7,682

 

Revolving Credit Facility

 

 

267

 

 

 

260

 

 

 

418

 

 

 

419

 

Other

 

 

1,107

 

 

 

818

 

 

 

2,212

 

 

 

1,684

 

Amortization - Debt issue costs

 

 

 

 

 

 

 

 

 

 

 

 

     2022 Term Loan Agreement

 

 

179

 

 

 

 

 

 

358

 

 

 

 

Term Loan Agreement

 

 

 

 

 

254

 

 

 

 

 

 

508

 

Revolving Credit Facility

 

 

66

 

 

 

66

 

 

 

131

 

 

 

131

 

2022 Term Loan OID

 

 

167

 

 

 

 

 

 

335

 

 

 

 

Term Loan OID

 

 

 

 

 

30

 

 

 

 

 

 

61

 

Capitalized interest

 

 

(1,596

)

 

 

(1,216

)

 

 

(2,885

)

 

 

(2,327

)

Interest expense

 

$

10,774

 

 

$

4,010

 

 

$

20,073

 

 

$

8,158