Leases (Tables)

12 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Other Pertinent Information Related to Leases

The following table presents our weighted average remaining lease term for our leases.

	September 30, 2023	September 30, 2022
Weighted average remaining lease term (years)
Finance leases	17.7	18.7
Operating leases	10.1	9.7

The following table represents our weighted average discount rate:

	September 30, 2023		September 30, 2022
Weighted average discount rate
Finance leases	4.0	%	4.0	%
Operating leases	3.5	%	2.9	%

Lease costs for the years ended September 30, 2023, 2022 and 2021 are presented in the table below. These costs include both amounts recognized in expense and amounts capitalized. For the years ended September 30, 2023, 2022 and 2021 we did not have material short-term lease costs or variable lease costs.

	Year Ended September 30
	2023		2022		2021
	(In thousands)
Finance lease cost	$	4,499	$	4,314	$	1,334
Operating lease cost	44,090		43,394		42,349
Total lease cost	$	48,589	$	47,708	$	43,683

Our ROU assets and lease liabilities are presented as follows on the consolidated balance sheets:

	Balance Sheet Classification	September 30, 2023		September 30, 2022
		(In thousands)
Assets
Finance leases	Net Property, Plant and Equipment	$	47,472	$	50,118
Operating leases	Deferred charges and other assets	223,366		214,663
Total right-of-use assets		$	270,838	$	264,781
Liabilities
Current
Finance leases	Current maturities of long-term debt	$	1,568	$	1,457
Operating leases	Other current liabilities	35,820		38,644
Noncurrent
Finance leases	Long-term debt	48,825		50,393
Operating leases	Deferred credits and other liabilities	194,452		184,301
Total lease liabilities		$	280,665	$	274,795

Other pertinent information related to leases was as follows. During the years ended September 30, 2023, 2022 and 2021 amounts paid in cash for our finance leases were not material.

	Year Ended September 30
	2023		2022		2021
	(In thousands)
Cash paid amounts included in the measurement of lease liabilities
Operating cash flows used for operating leases	$	45,463	$	45,080	$	42,013
Right-of-use assets obtained in exchange for lease obligations
Finance leases	$	—	$	33,833	$	10,333
Operating leases	$	29,976	$	28,310	$	25,690

Schedule of Finance Lease Liability Maturities

Maturities of our lease liabilities as of September 30, 2023 were as follows by fiscal years:

	Total		Finance Leases		Operating Leases
	(In thousands)
2024	$	44,700	$	3,375	$	41,325
2025	35,635		3,438		32,197
2026	30,340		3,502		26,838
2027	27,835		3,568		24,267
2028	24,089		3,635		20,454
Thereafter	185,270		52,362		132,908
Total lease payments	347,869		69,880		277,989
Less: Imputed interest	67,204		19,487		47,717
Total	$	280,665	$	50,393	$	230,272
Reported as of September 30, 2023
Short-term lease liabilities	$	37,388	$	1,568	$	35,820
Long-term lease liabilities	243,277		48,825		194,452
Total lease liabilities	$	280,665	$	50,393	$	230,272

Schedule of Operating Lease Liability Maturities

Maturities of our lease liabilities as of September 30, 2023 were as follows by fiscal years:

	Total		Finance Leases		Operating Leases
	(In thousands)
2024	$	44,700	$	3,375	$	41,325
2025	35,635		3,438		32,197
2026	30,340		3,502		26,838
2027	27,835		3,568		24,267
2028	24,089		3,635		20,454
Thereafter	185,270		52,362		132,908
Total lease payments	347,869		69,880		277,989
Less: Imputed interest	67,204		19,487		47,717
Total	$	280,665	$	50,393	$	230,272
Reported as of September 30, 2023
Short-term lease liabilities	$	37,388	$	1,568	$	35,820
Long-term lease liabilities	243,277		48,825		194,452
Total lease liabilities	$	280,665	$	50,393	$	230,272