Leases (Tables)

12 Months Ended

Sep. 30, 2020

Leases [Abstract]

Schedule of Impact of Adopting Standard on Consolidated Balance Sheet

The impact of adopting the standard on our consolidated balance sheet at October 1, 2019 is as follows:

(in thousands)	Ref	September 30, 2019		ASC 842 Adjustments		October 1, 2019
Long-term assets:
Operating leases right-of-use assets		$	—	$	17,398	$	17,398
Current liabilities:
Deferred rent liability - short-term	(a)	44		(44)		—
Operating leases liabilities - current		—		3,645		3,645
Long-term liabilities:
Deferred rent liability - long-term	(b)	276		(276)		—
Unamortized tenant improvement allowance	(c)	297		(297)		—
Operating leases liabilities - long-term		—		14,372		14,372
Shareholders' equity:
Accumulated deficit		(39,555)		(2)		(39,557)

Ref (a): The balance of short-term deferred rent liability presented in our annual 10K report within accounts payable, accrued expenses, and other accrued liabilities on our consolidated balance sheet at September 30, 2019.

Ref (b): The balance of long-term deferred rent liability presented in our annual 10K report within other long-term liabilities on our consolidated balance sheet at September 30, 2019.

Ref (c): The balance of unamortized tenant improvement allowance presented in our annual 10K report within other long-term liabilities on our consolidated balance sheet at September 30, 2019.

Schedule of Summarized Lease Balances in Consolidated Balance Sheet

The following table summarizes lease balances in our consolidated balance sheet at September 30, 2020:

	(in thousands)
	September 30, 2020
Operating lease right-of-use assets	$	22,427
Operating lease liabilities, current	$	2,045
Operating lease liabilities - long-term	21,620
Total operating lease liabilities	$	23,665

Schedule of Lease Costs and Other Information Related to Leases

The Company's lease costs are included within general and administrative costs in our Consolidated Statements of Operations. For the year ended September 30, 2020, total lease costs for our operating leases are as follows:

	(in thousands)
	Year Ended
	September 30, 2020
Operating	$	4,236
Short-term	155
Variable	63
Sublease income	(271)
Total lease costs	$	4,183

Other information related to our leases are as follows:

	Ref	September 30, 2020
Weighted-average remaining lease term		9.1 years
Weighted-average discount rate	(a)	5.99	%

Ref (a): Calculation based off of borrowing terms from senior credit facility.

	(in thousands)
	Year Ended
	September 30, 2020
Cash paid for amounts included in the measurement of lease liabilities	$	3,586
Lease liabilities arising from obtaining right-of-use-assets	$	229

Schedule of Company's Future Lease Payments

The Company's future minimum lease payments as of September 30, 2020 are as follows:

For the Fiscal Year Ending September 30,	(in thousands)
2021	$	3,408
2022	3,501
2023	3,375
2024	3,251
2025	3,092
Thereafter	14,684
Total future minimum lease payments	31,311
Less: imputed interest	(7,646)
Present value of future minimum lease payments	23,665
Less: current portion of operating lease liabilities	(2,045)
Long-term operating lease liabilities	$	21,620

Schedule of Company's Future Lease Payments Under ASC 840

Under ASC 840, the Company's future minimum lease payments for the prior fiscal year ended September 30, 2019 were as follows:

For the Fiscal Year Ending September 30,	(in thousands)
2020	$	3,484
2021	3,051
2022	3,136
2023	3,166
2024	3,100
Thereafter	16,945
Total future minimum lease payments	$	32,882