Pension and Retirement Plans (Tables)

12 Months Ended

Sep. 30, 2020

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

The components of net periodic benefit costs related to the U.S. and international plans are as follows:


	Year Ended September 30,
	2020						2019
	U.K.		U.S.		Total		U.K.		U.S.		Total
	(Amounts in thousands)
Pension:
Interest cost	$	263	$	15	$	278	$	362	$	24	$	386
Expected return on plan assets		(289)		—		(289)		(327)		—		(327)
Amortization of past service costs		7		—		7		—		—		—
Amortization of net gain (loss)		190		3		193		149		(3)		146
Net periodic benefit cost	$	171	$	18	$	189	$	184	$	21	$	205

Post Retirement:
Service cost	$	—	$	38	$	38	$	—	$	34	$	34
Interest cost		—		46		46		—		53		53
Amortization of net loss		—		24		24		—		(20)		(20)
Net periodic cost	$	—	$	108	$	108	$	—	$	67	$	67

Pension:
Increase (decrease) in minimum liability included in other comprehensive income (loss)	$	(231)		2	$	(229)	$	914		18	$	932
Post Retirement:
Increase in minimum liability included in other comprehensive income		—		79		79		—		131		131
Total:
Increase (decrease) in minimum liability included in comprehensive income (loss)	$	(231)	$	81	$	(150)	$	914	$	149	$	1,063

Schedule of Changes in Projected Benefit Obligations

The following table presents an analysis of the changes in 2020 and 2019 of the benefit obligation, the plan assets and the funded status of the plans:


	Years Ended September 30
	2020						2019
	Foreign		U.S.		Total		Foreign		U.S.		Total
	(Amounts in thousands)
Pension:
Change in projected benefit obligation (“PBO”)
Balance beginning of year	$	13,447	$	514	$	13,961	$	12,874	$	585	$	13,459
Service cost		—		—		—		—		—		—
Interest cost		263		15		278		362		24		386
Changes in actuarial assumptions		324		7		331		1,273		15		1,288
Foreign exchange impact		629		—		629		(772)		—		(772)
Benefits paid		(260)		(110)		(370)		(290)		(110)		(400)
Projected benefit obligation at end of year	$	14,403	$	426	$	14,829	$	13,447	$	514	$	13,961
Changes in fair value of plan assets:
Fair value of plan assets at beginning of year	$	8,238	$	—	$	8,238	$	8,270	$	—	$	8,270
Actual gain on plan assets		929		—		929		194		—		194
Company contributions		437		110		547		545		110		655
Foreign exchange impact		396		—		396		(481)		—		(481)
Benefits paid		(260)		(110)		(370)		(290)		(110)		(400)
Fair value of plan assets at end of year	$	9,740	$	—	$	9,740	$	8,238		—	$	8,238
Funded status \ net amount recognized	$	(4,663)	$	(426)	$	(5,089)	$	(5,209)	$	(514)	$	(5,723)

Post Retirement:
Change in projected benefit obligation (“PBO”):
Balance beginning of year	$	—	$	1,516	$	1,516	$	—	$	1,318	$	1,318
Service cost		—		38		38		—		34		34
Interest cost		—		46		46		—		53		53
Changes in actuarial assumptions		—		103		103		—		111		111
Projected benefit obligation at end of year	$	—	$	1,703	$	1,703	$	—	$	1,516	$	1,516
Funded status \ net amount recognized	$	—	$	(1,703)	$	(1,703)	$	—	$	(1,516)	$	(1,516)

Schedule of Amounts Recognized in Balance Sheet

The amounts recognized in the consolidated balance sheet consist of:


	Years Ended September 30
	2020						2019
	Foreign		U.S.		Total		Foreign		U.S.		Total
	(Amounts in thousands)
Pension:
Accrued benefit liability	$	(4,663)	$	(426)	$	(5,089)	$	(5,209)	$	(514)	$	(5,723)
Deferred tax		—		14		14		—		15		15
Accumulated other comprehensive income		5,934		26		5,960		6,165		24		6,189
Net amount recognized	$	1,271	$	(386)	$	885	$	956	$	(475)	$	481
Post Retirement:
Accrued benefit liability	$	—	$	(1,703)	$	(1,703)	$	—	$	(1,516)	$	(1,516)
Deferred tax		—		10		10		—		41		41
Accumulated other comprehensive income		—		160		160		—		113		113
Net amount recognized	$	—	$	(1,533)	$	(1,533)	$	—	$	(1,362)	$	(1,362)
Total pension and post retirement:
Accrued benefit liability	$	(4,663)	$	(2,129)	$	(6,792)	$	(5,209)	$	(2,030)	$	(7,239)
Deferred tax		—		24		24		—		56		56
Accumulated other comprehensive income		5,934		186		6,120		6,165		137		6,302
Net amount recognized	$	1,271	$	(1,919)	$	(648)	$	956	$	(1,837)	$	(881)
Accumulated Benefit Obligation:
Pension	$	(14,403)	$	(426)	$	(14,829)	$	(13,447)	$	(514)	$	(13,961)
Post Retirement		—		(1,703)		(1,703)		—		(1,516)		(1,516)
Total accumulated benefit obligation	$	(14,403)	$	(2,129)	$	(16,532)	$	(13,447)	$	(2,030)	$	(15,477)

Schedule of accrued benefit liability

Accrued benefit liability reported as:


	September 30,
	2020		2019
	(Amounts in thousands)
Current accrued benefit liability	$	321	$	335
Non-current accrued benefit liability		6,471		6,904
Total accrued benefit liability	$	6,792	$	7,239

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid (amounts in thousands):


Fiscal year ending September 30:	(Amounts in thousands)
2021	$	409
2022	$	447
2023	$	483
2024	$	524
2025	$	522
Thereafter	$	924

Schedule of fair value of Plan Assets

The fair value of the assets held by the U.K. pension plan by asset category are as follows:


	Fair Values as of
	September 30, 2020								September 30, 2019
	Fair Value Measurements Using Inputs Considered as								Fair Value Measurements Using Inputs Considered as
Asset Category	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
	(Amounts in thousands)
Cash on deposit	$	471	$	471	$	—	$	—	$	279	$	279	$	—	$	—
Pooled funds		9,269		9,269		—		—		7,959		7,959		—		—
Total plan assets	$	9,740	$	9,740	$	—	$	—	$	8,238	$	8,238	$	—	$	—

Projected Benefit Obligations

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Assumptions Used

The following table provides the weighted average actuarial assumptions used to determine the actuarial present value of projected benefit obligations at:


	Domestic				International
	September 30,				September 30,
	2020		2019		2020		2019
Discount rate:	2.50	%	3.00	%	1.60	%	1.90	%
Expected return on plan assets:					3.80	%	3.40	%
Rate of compensation increase:					—	%	—	%

Net Periodic Benefit Cost

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Assumptions Used

The following table provides the weighted average actuarial assumptions used to determine net periodic benefit cost for years ended:


	Domestic				International
	September 30,				September 30,
	2020		2019		2020		2019
Discount rate:	3.00	%	4.00	%	1.60	%	1.90	%
Expected return on plan assets:					3.80	%	3.40	%
Rate of compensation increase:					—	%	—	%