LEASES (Tables)

3 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Lease Cost

Supplemental cash flow information were as follows:

	For the Three Months ended December 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	12,277
Financing cash flows from finance leases	962
Total	$	13,239

Supplemental Condensed Consolidated Balance Sheet information related to leases were as follows:

	At December 31, 2019
Operating Leases:
Right of use assets:
Operating right-of-use assets	$	154,379
Lease Liabilities:
Current portion of operating lease liabilities	$	28,292
Long-term operating lease liabilities	130,949
Total operating lease liabilities	$	159,241
Finance Leases:
Property, plant and equipment, net(1)	$	5,506
Lease Liabilities:
Notes payable and current portion of long-term debt	$	3,144
Long-term debt, net	2,500
Total financing lease liabilities	$	5,644

(1) Finance lease assets are recorded net of accumulated depreciation of $983.

Components of operating lease costs are as follows:

	For the Three Months ended December 31, 2019
Fixed	$	9,552
Variable (a), (b)	1,753
Short-term (b)	1,430
Total*	$	12,735

(a) Primarily related to common-area maintenance and property taxes.

(b) Not recorded on the balance sheet.

Average lease terms and discount rates were as follows:

	At December 31, 2019
Weighted-average remaining lease term (years)
Operating leases	8.8
Finance Leases	2.3
Weighted-average discount rate
Operating Leases	4.10	%
Finance Leases	5.72	%

Summary of Future Maturities of Lease Payments for Operating Leases

The aggregate future maturities of lease payments for operating leases and finance leases as of December 31, 2019 are as follows (in thousands):

	Operating Leases			Finance Leases
2020(a)	$	26,011		$	2,874
2021	30,778			2,156
2022	26,198			572
2023	19,978			224
2024	14,248			—
2025	12,200			—
Thereafter	65,898			—
Total lease payments	195,311			5,826
Less: Imputed Interest	(36,070		)	(182		)
Present value of lease liabilities	$	159,241		$	5,644

(a) Excluding the three months ended December 31, 2019

Summary of Maturities of Operating Lease Liabilities

The aggregate minimum lease payments for operating leases, as calculated prior to the adoption of ASU 2016-02, were as follows:

	At September 30, 2019
2020	$	35,176
2021	30,730
2022	26,119
2023	20,008
2024	14,198
Thereafter	78,105
Total	$	204,336

Schedule of Maturities of Finance Lease Liabilities

The aggregate future maturities of lease payments for operating leases and finance leases as of December 31, 2019 are as follows (in thousands):

	Operating Leases			Finance Leases
2020(a)	$	26,011		$	2,874
2021	30,778			2,156
2022	26,198			572
2023	19,978			224
2024	14,248			—
2025	12,200			—
Thereafter	65,898			—
Total lease payments	195,311			5,826
Less: Imputed Interest	(36,070		)	(182		)
Present value of lease liabilities	$	159,241		$	5,644

(a) Excluding the three months ended December 31, 2019