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Leases (Tables)
9 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Components of Lease Cost

The components of lease cost reflected in the Consolidated Statement of Operations for the three and nine months ended June 30, 2022 and June 30, 2021 were as follows:

(in thousands)

 

Three months ended

 

 

Nine months ended

 

 

 

June 30,
2022

 

 

June 30,
2021

 

 

June 30,
2022

 

 

June 30,
2021

 

Operating lease cost

 

$

8,613

 

 

$

9,075

 

 

$

26,149

 

 

$

28,031

 

Short-term lease cost

 

 

812

 

 

 

627

 

 

 

1,935

 

 

 

1,785

 

Variable lease cost

 

 

2,608

 

 

 

2,443

 

 

 

7,694

 

 

 

7,306

 

Sublease income

 

 

(1,176

)

 

 

(1,114

)

 

 

(3,406

)

 

 

(3,329

)

Total lease cost

 

$

10,857

 

 

$

11,031

 

 

$

32,372

 

 

$

33,793

 

 

Supplemental cash flow and right-of-use assets information for the three and nine months ended June 30, 2022 was as follows:

(in thousands)

 

Three months ended

 

 

Nine months ended

 

 

 

June 30,
2022

 

 

June 30,
2021

 

 

June 30,
2022

 

 

June 30,
2021

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

10,087

 

 

$

12,319

 

 

$

35,200

 

 

$

40,396

 

Financing cash flows from financing leases

 

$

 

 

$

 

 

$

239

 

 

$

279

 

Right-of-use assets obtained in exchange for new lease obligations:

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

$

730

 

 

$

126

 

 

$

11,825

 

 

$

773

 

Financing leases

 

$

 

 

$

 

 

$

 

 

$

 

Supplemental balance sheet information related to the leases as of June 30, 2022 was as follows:

Weighted-average remaining lease term - operating leases

11.9 years

 

Weighted-average remaining lease term - financing leases

2.1 years

 

Weighted-average discount rate - operating leases

 

5.4

%

Weighted-average discount rate - financing leases

 

3.0

%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of June 30, 2022 are as follows:

(in thousands)

 

 

 

Remainder of 2022

 

$

9,139

 

2023

 

 

30,971

 

2024

 

 

26,710

 

2025

 

 

23,816

 

2026

 

 

19,853

 

Thereafter

 

 

160,184

 

Total future lease payments

 

$

270,673

 

Less: imputed interest

 

 

(75,837

)

Total lease liability

 

$

194,836