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Derivative Financial Instruments (Tables)
3 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Value and Presentation in Condensed Consolidated Balance Sheet for Derivative Instruments

The following table summarizes the fair value and presentation in the Condensed Consolidated Balance Sheet for derivative instruments as of December 31, 2024 and September 30, 2024 (dollars in thousands):

 

 

 

 

 

Fair Value

 

Derivatives not designated as hedges

 

Classification

 

December 31, 2024

 

 

September 30, 2024

 

Foreign currency forward contracts

 

 Prepaid expenses and other current assets

 

$

551

 

 

$

65

 

Foreign currency forward contracts

 

 Other assets

 

 

225

 

 

 

68

 

Foreign currency forward contracts

 

 Accrued expenses and other current liabilities

 

 

1,097

 

 

 

691

 

Foreign currency forward contracts

 

 Other liabilities

 

 

138

 

 

 

163

 

Summary of (Loss) Income Related to Foreign Currency Forward Contracts

The following tables display a summary of the loss related to foreign currency forward contracts for the three months ended December 31, 2024 and 2023 (dollars in thousands):

 

 

 

 

 

Loss recognized in earnings

 

 

 

 

 

Three Months Ended December 31,

 

Derivatives not designated as hedges

 

Classification

 

2024

 

 

2023

 

Foreign currency forward contracts

 

Other income, net

 

$

(104

)

 

$

(329

)