Leases

9 Months Ended

Jun. 30, 2020

13. LEASES

We enter into various contractual arrangements for the right to use facilities, vehicles and equipment. The lease term generally ranges from two to ten years for facilities and three to five years for vehicles and equipment. Our lease terms may include the exercise of renewal or termination options when it is reasonably certain these options will be exercised. Our lease agreements do not contain any material residual value guarantees or restrictive covenants.

Current operating and finance liabilities of $10,752 and $287, respectively, were included in "Accounts payable and accrued expenses" in the Condensed Consolidated Balance Sheets as of June 30, 2020. Non-current finance lease liabilities and finance lease right-of-use assets were included in the "Other non-current liabilities" and "Other non-current assets", respectively, in the Condensed Consolidated Balance Sheets.

The maturities of our lease liabilities as of June 30, 2020 are as follows:


	Operating Leases		Finance Leases		Total
Remainder of 2020	$	5,783	$	147	$	5,930
2021	9,826		291		10,117
2022	7,588		267		7,855
2023	4,796		261		5,057
2024	3,015		214		3,229
Thereafter	4,684		15		4,699
Total undiscounted lease payments	$	35,692	$	1,195	$	36,887
Less: imputed interest	3,298		131		3,429
Present value of lease liabilities	$	32,394	$	1,064	$	33,458

The total future undiscounted cash flows related to lease agreements committed to but not yet commenced as of June 30, 2020, is $432.

Lease cost recognized in our Condensed Consolidated Statements of Comprehensive Income is summarized as follows:


	Three Months Ended		Nine Months Ended
	June 30, 2020
Operating lease cost	$	2,967	$	8,907
Finance lease cost
Amortization of lease assets	64		124
Interest on lease liabilities	15		30
Finance lease cost	79		154
Short-term lease cost	327		802
Variable lease cost	190		618
Total lease cost	$	3,563	$	10,481

Other information about lease amounts recognized in our condensed consolidated financial statements is summarized as follows:


	Three Months Ended		Nine Months Ended
	June 30, 2020
Operating cash flows used for operating leases	$	3,202	$	9,500
Operating cash flows used for finance leases	15		30
Right-of-use assets obtained in exchange for new operating lease liabilities	577		8,750
Right-of-use assets obtained in exchange for new finance lease liabilities	270		1,198


	June 30, 2020
Weighted-average remaining lease term - operating leases	4.5 years
Weighted-average remaining lease term - finance leases	4.4 years
Weighted-average discount rate - operating leases	4.0	%
Weighted-average discount rate - finance leases	5.5	%