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Leases (Tables)
12 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Components of Lease Cost

The components of lease cost reflected in the Consolidated Statement of Operations for the year ended September 30, 2020 were as follows:

 

(in thousands)

 

Year ended September 30, 2020

 

Operating lease cost

 

$

38,687

 

Short-term lease cost

 

 

4,430

 

Variable lease cost

 

 

5,247

 

Sublease income

 

 

(4,267

)

Total lease cost

 

$

44,097

 

 

Supplemental cash flow and right-of use assets information for the year ended September 30, 2020 was as follows:

 

(in thousands)

 

Year ended September 30, 2020

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

Operating cash flows from operating leases

 

$

38,553

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

7,632

 

Right-of-use assets obtained in exchange for new financing lease liabilities

 

$

1,500

 

 

Supplemental balance sheet information related to the leases as of September 30, 2020 was as follows:

 

 

 

As of September 30, 2020

 

Weighted-average remaining lease term - operating leases

 

12.41 years

 

Weighted-average remaining lease term - financing leases

 

5 years

 

Weighted-average discount rate - operating leases

 

 

5.5

%

Weighted-average discount rate - financing leases

 

 

3.0

%

 

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of September 30, 2020 are as follows:

 

(in thousands)

 

Operating Leases

 

2021

 

$

44,710

 

2022

 

 

30,993

 

2023

 

 

22,326

 

2024

 

 

19,686

 

2025

 

 

17,051

 

Thereafter

 

 

170,303

 

Total future lease payments

 

 

305,069

 

Less: imputed interest

 

 

(90,046

)

Total

 

$

215,023

 

 

Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases Under Prior Lease Standard (ASC 840)

Under the prior lease standard (ASC 840), as of September 30, 2019 future minimum lease payments under non-cancellable operating leases were as follows:

 

(in thousands)

 

Operating Leases

 

2020

 

$

31,868

 

2021

 

 

33,094

 

2022

 

 

25,624

 

2023

 

 

19,279

 

2024

 

 

16,909

 

Thereafter

 

 

186,037

 

Total minimum lease payments

 

$

312,811