LONG-TERM DEBT (Tables)

12 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt at September 30, 2020 and 2019 consisted of the following:

	2020		2019
Revolving credit facilities	$	416,793	$	476,132
Securitization facility	67,700		93,950
Senior secured term loan	22,359		53,497
2025 Senior Notes	297,256		296,716
Notes payable to banks	—		16,376
Other borrowings	20,742		395
Finance lease obligations	9,684		3,631
	834,534		940,697
Less current maturities	(26,824)		(42,503)
	$	807,710	$	898,194

Interest Rate Contracts

The following table presents information related to interest rate contracts entered into by the Company and designated as cash flow hedges:

	September 30, 2020			September 30, 2019
Pay fixed swaps - notional amount	$	312,500		$	293,750
Net unrealized loss	$	(7,792)		$	(534)
Weighted-average maturity period (years)	2.6			1.9
Weighted-average received rate	0.15		%	2.02		%
Weighted-average pay rate	1.34		%	1.41		%

Interest Rate Swap Contracts Reflected in Consolidated Balance Sheets

At September 30, 2020 and 2019, the interest rate swap contracts were reflected on a gross-basis in the consolidated balance sheets as follows:

Derivatives:	2020		2019
Current assets:
Other current assets	$	—	$	548
Long-term assets:
Other assets	—		297
Current liabilities:
Other current liabilities	(3,164)		(484)
Long-term liabilities:
Other liabilities	(4,628)		(895)
Total derivatives	$	(7,792)	$	(534)

Gains (Losses) Recognized on Derivatives

The (losses) gains recognized on derivatives was as follows:

Derivatives in Cash Flow Hedging Relationships	Location of (Loss) Gain Recognized in Income on Derivatives	Amount of (Loss) Gain Recognized in Income on Derivatives
		2020	2019	2018
Interest rate swaps	Interest expense	$(861)	$3,181	$1,380

The Company recognized the following (losses) gains in AOCI:

Derivatives in Cash Flow Hedging Relationships	Amount of (Loss) Gain Recognized in AOCI on Derivatives			Location of (Loss) Gain Reclassified from AOCI into Income	Amount of (Loss) Gain Reclassified from AOCI into Income (Effective Portion*)
	2020	2019	2018	(Effective Portion*)	2020	2019	2018
Interest rate swaps	$(6,130)	$(6,540)	$6,095	Interest expense	$(650)	$2,402	$1,042
* There is no ineffective portion or amount excluded from effectiveness testing.

Aggregate Maturities of Long-Term Debt

Aggregate maturities by fiscal year of long-term debt, including other borrowings, is as follows:

2021	$	55,564	(a)
2022	68,650
2023	979
2024	979
2025	395,816
Thereafter	302,862
	824,850
Finance lease obligations	9,684		(b)
	$	834,534

(a) The Company maintains certain debt facilities with current maturity dates in fiscal 2021 that it intends and has the ability to extend beyond fiscal 2021 totaling $32,255. These balances have been classified as non-current on the Company's Consolidated Balance Sheet.

(b) Aggregate maturities of finance lease obligations can be found in Note 10, "Leases."