Debt (Tables)

3 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

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

	December 31, 2021		September 30, 2021
Revolving credit facilities	$	405,000	$	350,597
Securitization facility	104,690		95,990
2025 Senior Notes	297,931		297,796
Other borrowings	20,296		10,150
Finance lease obligations	8,145		9,177
Total debt	836,062		763,710
Less current maturities	(4,271)		(4,624)
Long-term debt	$	831,791	$	759,086

Interest Rate Contracts

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

	December 31, 2021			September 30, 2021
Pay fixed swaps - notional amount	$	250,000		$	250,000
Net unrealized loss	$	(102)		$	(2,062)
Weighted-average maturity period (years)	2.0			2.2
Weighted-average received rate	0.10		%	0.08		%
Weighted-average pay rate	1.34		%	1.34		%

Interest Rate Swap Contracts as Reflected on Balance Sheet

At December 31, 2021 and September 30, 2021, the interest rate swap contracts were reflected on a gross-basis in the Consolidated Balance Sheets as follows:

Derivatives	December 31, 2021		September 30, 2021
Current assets:
Other current assets	$	269	$	31
Long-term assets:
Other assets	883		139
Current liabilities:
Other current liabilities	(1,148)		(1,922)
Long-term liabilities:
Other liabilities	(106)		(310)
Total derivatives	$	(102)	$	(2,062)

Gain (Loss) on Derivatives

The losses recognized on derivatives were as follows:

Derivatives in Cash Flow Hedging Relationships	Location of Loss Recognized in Income on Derivative	Amount of Loss Recognized in Income on Derivatives
		Three Months Ended December 31,
		2021		2020
Interest rate swaps	Interest expense	$	(801)	$	(903)

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

Derivatives in Cash Flow Hedging Relationships	Amount of Gain Recognized in AOCI on Derivatives				Location of Loss Reclassified From AOCI into Income (Effective Portion*)	Amount of Loss Reclassified from AOCI into Income (Effective Portion*)
	December 31, 2021		December 31, 2020			December 31, 2021		December 31, 2020
Interest rate swaps	$	875	$	353	Interest expense	$	(606)	$	(682)
* There is no ineffective portion or amounts excluded from effectiveness testing.