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Leases
12 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Leases

16) Leases

The Company has entered into certain operating leases for office space, vehicles and other equipment with lease terms between one to fifteen years, expiring between 2022 and 2033. Some of the Company’s real estate property lease agreements have options to extend the leases for up to ten years.

A summary of total lease costs and other information is comprised of the following for the indicated periods:

 

 

 

Years Ended September 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2020

 

Lease cost:

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

23,186

 

 

$

25,185

 

 

$

25,396

 

Short-term lease cost

 

 

1,024

 

 

 

826

 

 

 

775

 

Variable lease cost

 

 

7,400

 

 

 

5,867

 

 

 

5,255

 

Total lease cost

 

$

31,610

 

 

$

31,878

 

 

$

31,426

 

 

 

 

 

 

 

 

 

 

 

Other information:

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

 

     Operating cash flows from operating leases

 

$

22,513

 

 

$

24,894

 

 

$

24,943

 

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

 

$

16,366

 

 

$

15,894

 

 

$

20,487

 

Weighted-average remaining lease term – operating leases

 

6.1 years

 

 

6.6 years

 

 

7.1 years

 

Weighted-average discount rate – operating leases

 

 

5.4

%

 

 

4.8

%

 

 

4.9

%

 

Maturities of noncancelable operating lease liabilities as of September 30, 2022 are as follows:

 

 

 

September 30,

 

(in thousands)

 

2022

 

2023

 

$

22,024

 

2024

 

 

21,166

 

2025

 

 

19,253

 

2026

 

 

16,291

 

2027

 

 

12,155

 

Thereafter

 

 

25,857

 

Total undiscounted lease payments

 

 

116,746

 

Less imputed interest

 

 

(18,150

)

Total lease liabilities

 

$

98,596