Stock-Based Compensation (Tables)

6 Months Ended

Mar. 31, 2023

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Share-Based Payment Award Valuation Assumptions

The following table sets forth the significant assumptions used for the calculation of stock-based compensation expense for the six months ended March 31, 2023 and 2022:

	December 12, 2022 Grant Date			November 19, 2021 Grant Date
Risk-free interest rate		3.77	%		1.34	%
Expected volatility		40.00	%		40.00	%
Expected term (in years)		6.00			6.00
Expected dividend yield		0.00	%		0.00	%

Performance Shares [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Share-Based Compensation Stock Options Activity

The following table summarizes the performance-based stock option activity for the six months ended March 31, 2023:

	Number of Shares				Weighted Average Exercise Price Per Share		Weighted Average Remaining Contract Term		Aggregate Intrinsic Value
							(in years)		(in thousands)
Outstanding at October 1, 2022		1,410,653		$		23.00
Granted		—				—
Exercised		(68,980	)			23.00
Cancelled/Forfeited		(2,174	)			23.00
Outstanding at March 31, 2023		1,339,499				23.00		7.2		723
Vested and exercisable at March 31, 2023		1,339,499		$		23.00		7.2		723

Service Based Stock Option Activity [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Share-Based Compensation Stock Options Activity

The following table summarizes the service-based stock option activity for the six months ended March 31, 2023:

	Number of Shares				Weighted Average Exercise Price Per Share		Weighted Average Remaining Contract Term		Aggregate Intrinsic Value
							(in years)		(in thousands)
Outstanding at October 1, 2022		3,557,194		$		25.57
Granted		250,477				20.18
Exercised		(78,383	)			23.00
Cancelled/Forfeited		(42,786	)			23.00
Outstanding at March 31, 2023		3,686,502				25.28		7.5		2,438
Vested and exercisable at March 31, 2023		2,239,133		$		24.55		7.3		1,092

Service Based Restricted Stock [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Non-Vested Restricted Stock Activity

A summary of the service-based restricted stock awards activity during the six months ended March 31, 2023 was as follows:

	Number of Shares				Weighted Average Grant Date Fair Value
Outstanding and unvested at October 1, 2022		275,628		$		23.00
Granted		—				—
Vested		(114,093	)			23.00
Forfeited		(18,328	)			23.00
Outstanding and unvested at March 31, 2023		143,207		$		23.00

Schedule of Unvested Restricted Stock Units

A summary of the service-based restricted stock unit awards activity for the six months ended March 31, 2023 was as follows:

	Number of Shares				Weighted Average Grant Date Fair Value
Outstanding and unvested at October 1, 2022		574,499		$		31.14
Granted		474,140				20.52
Vested		(110,635	)			35.13
Forfeited		(21,233	)			30.47
Outstanding and unvested at March 31, 2023		916,771		$		25.18

Performance Based Restricted Stock [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Non-Vested Restricted Stock Activity

A summary of the performance-based restricted stock unit awards activity for the six months ended March 31, 2023 presented at target was as follows:

	Number of Shares				Weighted Average Grant Date Fair Value
Outstanding and unvested at October 1, 2022		221,469		$		37.51
Granted		319,263				20.18
Vested		—				—
Forfeited		(11,463	)			33.29
Outstanding and unvested at March 31, 2023		529,269		$		27.15