LEASES

12 Months Ended

Sep. 30, 2020

LEASES

We lease certain vehicles, warehouse facilities, office space, machinery, and equipment under cancellable and noncancellable leases, most of which expire in five years and may be renewed at our option.

The components of lease expense are as follows:


Lease Components	Year Ended September 30, 2020
Operating lease cost	$	7,871
Variable and short-term costs	1,637
Total lease cost	$	9,508

Lease expense for the years ended September 30, 2019 and 2018 totaled $7,975 and $4,307, respectively.

Supplemental balance sheet information related to leases is as follows:


Lease Components	Consolidated Balance Sheet Location	September 30, 2020
Lease right-of-use assets	Other long-term assets	$	30,999

Lease liabilities - current	Accrued expenses, income taxes payable and other current liabilities	$	6,513
Lease liabilities - non-current	Other long-term liabilities	25,967
Total lease liabilities		$	32,480

Weighted-average remaining lease term (in years)		7 years
Weighted-average discount rate		3.06		%

Future maturities of operating lease liabilities for the years ended September 30 are as follows:


Fiscal Year	Amount
2021	$	7,196
2022	6,672
2023	5,645
2024	4,242
2025	3,499
2026 and future years	8,261
Total future lease payments	35,515
Less: Imputed interest	3,035
Operating lease liability	32,480
Less: Current portion of operating lease liability	6,513
Long-term portion of operating lease liability	$	25,967

As of September 30, 2019, minimum lease payments under non-cancellable operating leases in excess of one year are as follows:


Fiscal Year	Amount
2020	$	6,984
2021	4,941
2022	4,291
2023	4,122
2024	3,710
Thereafter	12,010
Total future minimum lease payments	$	36,058