Leases (Tables)

6 Months Ended

Mar. 31, 2021

Summary of Lease Term and Incremental Borrowing Rates for Leases

The following table presents certain information related to lease term and incremental borrowing rates for leases as of March 31, 2021 and September 30, 2020:

	March 31, 2021			September 30, 2020
Weighted-average remaining lease term (in months):
Operating leases		51.3			55.9
Finance leases		51.5			55.8
Weighted-average discount rate:
Operating leases		7.0	%		7.4	%
Finance leases		4.4	%		4.4	%

Summary of Lease Expense

The following table presents lease expense for the three and six months ended March 31, 2021 and 2020 (dollars in thousands):

	Three Months Ended March 31,						Six Months Ended March 31,
	2021			2020			2021			2020
Finance lease costs:
Amortization of right of use asset	$	73		$	33		$	214		$	69
Interest on lease liability		17			2			32			2
Operating lease cost		1,869			1,960			3,940			3,850
Variable lease cost		292			365			470			674
Sublease income		(51	)		(55	)		(104	)		(110	)
Total lease cost	$	2,200		$	2,305		$	4,552		$	4,485

Summary of Undiscounted Future Minimum Lease Payments Under Non-cancelable Leases

The table below reconciles the undiscounted future minimum lease payments under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the Condensed Consolidated Balance Sheet as of March 31, 2021 (dollars in thousands):

Year Ending September 30,	Operating Leases			Financing Leases			Total
2021 (excluding six months ended March 31, 2021)	$	3,542		$	330		$	3,872
2022		6,207			417			6,624
2023		4,042			417			4,459
2024		3,711			365			4,076
2025		2,287			310			2,597
Thereafter		2,998			14			3,012
Total future minimum lease payments	$	22,787		$	1,853		$	24,640
Less effects of discounting		(3,198	)		(177	)		(3,375	)
Total lease liabilities	$	19,589		$	1,676		$	21,265
Reported as of March 31, 2021
Short-term lease liabilities	$	5,602		$	476		$	6,078
Long-term lease liabilities		13,987			1,200			15,187
Total lease liabilities	$	19,589		$	1,676		$	21,265