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Leases
3 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases
NOTE 5: LEASES
We determine if a contract contains a lease at inception. Our lease portfolio consists primarily of operating leases for pawn store locations and corporate offices with lease terms ranging from three to ten years.
The information below provides a summary of our leasing activities. See Note 12 in our 2021 Annual Report for additional information about our leasing activities. The table below presents balances of our operating leases:

(in thousands)December 31, 2021December 31, 2020
September 30,
2021
Right-of-use asset$201,527 $177,308 $200,990 
Lease liability, current$51,843 $45,351 $52,263 
Lease liability, non-current161,841 143,620 161,330 
Total lease liability$213,684 $188,971 $213,593 
The table below provides the composition of our lease costs:
Three Months Ended
December 31,
(in thousands)20212020
Operating lease expense*$16,362 $15,199 
Variable lease expense3,542 3,045 
Total lease expense$19,904 $18,244 
* Includes sublease rental income.

Lease expense is recognized on a straight-line basis over the lease term with variable lease expense recognized in the period in which the costs are incurred. The components of lease expense are included in "Store" and "General and Administrative" expense, based on the underlying lease use.
Other supplemental information includes the following for our operating leases:
Three Months Ended
December 31,
20212020
Weighted-average remaining contractual lease term (years)
5.055.06
Weighted-average incremental borrowing rate 8.10 %7.85 %

Maturities of lease liabilities as of December 31, 2021 were as follows (in thousands):
Remaining 2022$50,171 
Fiscal 2023
58,474 
Fiscal 2024
46,262 
Fiscal 2025
35,686 
Fiscal 2026
26,164 
Thereafter43,418 
Total lease payments$260,175 
Less: Portion representing interest46,491 
Present value of operating lease liabilities$213,684 
Less: Current portion51,843 
Non-current portion$161,841 

We recorded $14.3 million and $1.6 million in non-cash additions to our right of use assets and lease liabilities for the three months ended December 31, 2021 and December 31, 2020, respectively.