LEASES

12 Months Ended

Sep. 30, 2023

Leases [Abstract]

LEASES

LEASES:

The Company’s lease portfolio includes various contracts for real estate, vehicles, information technology and other equipment. The following table presents the balance sheet and lease classification for the Company's lease portfolio as of September 30, 2023 and 2022, respectively:

Balance Sheet Classification	Lease Classification	2023		2022
Non-current assets:
Property, plant and equipment, net	Finance	$	10,804	$	10,727
Operating lease right-of-use-assets	Operating	71,629		71,974
Total lease assets		$	82,433	$	82,701
Current liabilities:
Long-term debt, current maturities	Finance	$	2,683	$	2,284
Other current liabilities	Operating	23,983		22,869
Non-current liabilities:
Long-term debt	Finance	6,588		4,782
Operating lease liabilities	Operating	50,189		51,445
Total lease liabilities		$	83,443	$	81,380

The following table presents the components of lease cost for the years ended September 30, 2023, 2022 and 2021, respectively:

		2023		2022		2021
Finance lease cost:
	Amortization of ROU assets	$	2,791	$	3,816	$	4,016
	Interest on lease liabilities	248		205		248
Operating lease cost		21,546		21,675		21,716
Variable lease cost		10,601		10,486		6,752
Sublease income		(89)		(279)		(83)
Total lease cost		$	35,097	$	35,903	$	32,649

Supplemental information regarding the Company's leases follows:

		For the Year Ended September 30,
		2023			2022			2021
Cash paid for finance and operating lease liabilities:
	Operating cash flows from finance leases	$	259		$	211		$	255
	Operating cash flows from operating leases	27,194			27,648			28,246
	Financing cash flows from finance leases	2,642			3,691			4,134
ROU assets obtained in exchange for new finance lease liabilities		4,745			1,516			3,687
ROU assets obtained in exchange for new operating lease liabilities		8,294			10,365			16,341
		September 30,
		2023			2022			2021
Weighted-average remaining lease term - finance leases (years)		4.47			4.28			3.85
Weighted-average remaining lease term - operating leases (years)		3.52			3.62			3.82
Weighted-discount rate - finance leases		4.48		%	3.08		%	2.70		%
Weighted-discount rate - operating leases		3.47		%	2.45		%	2.28		%

Maturities of lease obligations by fiscal year were as follows as of September 30, 2023:

	Operating Leases		Finance Leases
2024	$	26,123	$	3,034
2025	20,619		2,145
2026	16,027		1,695
2027	8,381		1,293
2028	4,788		877
Thereafter	3,475		1,263
Total future minimum lease payments	79,413		10,307
Less: Interest	5,241		1,036
Present value of lease liabilities:	$	74,172	$	9,271

LEASES

LEASES:

The Company’s lease portfolio includes various contracts for real estate, vehicles, information technology and other equipment. The following table presents the balance sheet and lease classification for the Company's lease portfolio as of September 30, 2023 and 2022, respectively:

Balance Sheet Classification	Lease Classification	2023		2022
Non-current assets:
Property, plant and equipment, net	Finance	$	10,804	$	10,727
Operating lease right-of-use-assets	Operating	71,629		71,974
Total lease assets		$	82,433	$	82,701
Current liabilities:
Long-term debt, current maturities	Finance	$	2,683	$	2,284
Other current liabilities	Operating	23,983		22,869
Non-current liabilities:
Long-term debt	Finance	6,588		4,782
Operating lease liabilities	Operating	50,189		51,445
Total lease liabilities		$	83,443	$	81,380

The following table presents the components of lease cost for the years ended September 30, 2023, 2022 and 2021, respectively:

		2023		2022		2021
Finance lease cost:
	Amortization of ROU assets	$	2,791	$	3,816	$	4,016
	Interest on lease liabilities	248		205		248
Operating lease cost		21,546		21,675		21,716
Variable lease cost		10,601		10,486		6,752
Sublease income		(89)		(279)		(83)
Total lease cost		$	35,097	$	35,903	$	32,649

Supplemental information regarding the Company's leases follows:

		For the Year Ended September 30,
		2023			2022			2021
Cash paid for finance and operating lease liabilities:
	Operating cash flows from finance leases	$	259		$	211		$	255
	Operating cash flows from operating leases	27,194			27,648			28,246
	Financing cash flows from finance leases	2,642			3,691			4,134
ROU assets obtained in exchange for new finance lease liabilities		4,745			1,516			3,687
ROU assets obtained in exchange for new operating lease liabilities		8,294			10,365			16,341
		September 30,
		2023			2022			2021
Weighted-average remaining lease term - finance leases (years)		4.47			4.28			3.85
Weighted-average remaining lease term - operating leases (years)		3.52			3.62			3.82
Weighted-discount rate - finance leases		4.48		%	3.08		%	2.70		%
Weighted-discount rate - operating leases		3.47		%	2.45		%	2.28		%

Maturities of lease obligations by fiscal year were as follows as of September 30, 2023:

	Operating Leases		Finance Leases
2024	$	26,123	$	3,034
2025	20,619		2,145
2026	16,027		1,695
2027	8,381		1,293
2028	4,788		877
Thereafter	3,475		1,263
Total future minimum lease payments	79,413		10,307
Less: Interest	5,241		1,036
Present value of lease liabilities:	$	74,172	$	9,271