LONG-TERM DEBT (Tables)

12 Months Ended

Sep. 30, 2014

LONG-TERM DEBT [Abstract]

Long-Term Debt

Long-term debt at September 30, 2014 and 2013 consisted of the following:

	2014			2013
Revolving credit facilities	$	702,055		$	335,420
Notes payable to banks		13,315			21,530
Short-term borrowings		6,410			8,612
Capital lease obligations		7,475			9,093
		729,255			374,655
Less current maturities		(15,228	)		(23,587	)
	$	714,027		$	351,068

Interest Rate Swaps

The Company has entered into the following interest rate swaps:

Effective Date	Amount	Fixed Interest Rate	Interest Rate Spread at September 30, 2014	Maturity Date
October 2011	$25,000	1.67%	1.75%	October 2015
November 2011	25,000	2.13%	1.75%	November 2014
March 2012	25,000	2.44%	1.75%	March 2015
June 2012	40,000	1.88%	1.75%	June 2022
August 2012	35,000	1.74%	1.75%	June 2022
September 2012	25,000	3.03%	1.75%	December 2015
September 2012	25,000	1.24%	1.75%	March 2017
November 2012	25,000	1.33%	1.75%	November 2015
May 2014	25,000	1.35%	1.75%	May 2018

Derivatives Designated as Hedging Instruments

At September 30, 2014 and 2013, the interest rate swap contracts were reflected in the consolidated balance sheets as follows:

Derivatives	2014			2013
Current assets
Other current assets	$	324		$	427
Long-term assets
Other assets		2,133			3,309
Current liabilities:
Other current liabilities		(1,808	)		(2,590	)
Long-term liabilities:
Other liabilities		(319	)		(2,054	)
Total derivatives	$	330		$	(908	)

Loss Recognized on Derivatives

The loss recognized on derivatives was as follows:

	Location of	Amount of
Derivatives in	Loss	Loss
Cash Flow Hedging	Recognized in	Recognized in Income
Relationships	Income on Derivatives	on Derivatives
		2014	2013
Interest rate swaps	Interest expense	$(4,318)	$(4,170)

The Company recognized the following losses in accumulated other comprehensive income ("AOCI"):

					Location of Gain	Amount of Loss
					or (Loss)	Reclassified from
Derivatives in	Amount of Gain or				Reclassified from	AOCI
Cash Flow	(Loss) Recognized in				AOCI	into Income
Hedging	AOCI on Derivatives				into Income	(Effective Portion*)
Relationships	2014		2013		(Effective Portion*)	2014		2013
Interest rate swaps		$(1,879)		$2,474	Interest expense		$(2,634)		$(2,544)
*There is no ineffective portion or amount excluded from effectiveness testing.

Aggregate Maturities of Long-Term Debt

Aggregate maturities of long-term debt, including short-term borrowings and capital leases, follows:

2015	$	15,228
2016		6,115
2017		23,853
2018		680,803
2019		213
Thereafter		3,043
	$	729,255