Debt (Tables)

6 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt at March 31, 2021 and September 30, 2020 consisted of the following:

	March 31, 2021		September 30, 2020
Revolving credit facilities	$	367,352	$	416,793
Securitization facility	97,590		67,700
Senior secured term loan	—		22,359
2025 Senior Notes	297,526		297,256
Other borrowings	12,022		20,742
Finance lease obligations	7,993		9,684
	782,483		834,534
Less current maturities	(4,274)		(26,824)
	$	778,209	$	807,710

Interest Rate Contracts

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

	March 31, 2021			September 30, 2020
Pay fixed swaps - notional amount	$	250,000		$	312,500
Net unrealized loss	$	(2,905)		$	(7,792)
Weighted-average maturity period (years)	2.7			2.6
Weighted-average received rate	0.11		%	0.15		%
Weighted-average pay rate	1.34		%	1.34		%

Interest Rate Swap Contracts as Reflected on Balance Sheet

At March 31, 2021 and September 30, 2020, the interest rate swap contracts were reflected in the Consolidated Balance Sheets as follows:

Derivatives	March 31, 2021		September 30, 2020
Current assets:
Other current assets	$	78	$	—
Long-term assets:
Other assets	393		—
Current liabilities:
Other current liabilities	(2,425)		(3,164)
Long-term liabilities:
Other liabilities	(951)		(4,628)
Total derivatives	$	(2,905)	$	(7,792)

Gain (Loss) on Derivatives

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

Derivatives in Cash Flow Hedging Relationships	Location of (Loss) Gain Recognized in Income on Derivative	Amount of (Loss) Gain Recognized in Income on Derivatives				Amount of (Loss) Gain Recognized in Income on Derivatives
		Three Months Ended March 31,				Six Months Ended March 31,
		2021		2020		2021		2020
Interest rate swaps	Interest expense	$	(751)	$	182	$	(1,654)	$	546

Note 7.   Debt (continued)

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

Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in AOCI on Derivatives				Location of (Loss) Gain Reclassified From AOCI into Income (Effective Portion*)	Amount of (Loss) Gain Reclassified from AOCI into Income (Effective Portion*)
	March 31, 2021		March 31, 2020			March 31, 2021		March 31, 2020
Interest rate swaps	$	2,441	$	(3,739)	Interest expense	$	(1,249)	$	412
*There is no ineffective portion or amount excluded from effectiveness testing.