XML 64 R50.htm IDEA: XBRL DOCUMENT

LEASES (Tables)

12 Months Ended

Sep. 30, 2020

Average lease terms and discount rates were as follows:



	September 30, 2020
Weighted-average remaining lease term (years)
Operating Leases	8.3
Finance Leases	8.5

Weighted-average discount rate
Operating Leases	4.38	%
Finance Leases	5.51	%

Components of operating lease costs are as follows:

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

(b) Not recorded on the balance sheet.

Fixed rent expense for all operating leases totaled approximately $37,068 and $35,726 in 2019 and 2018, respectively.

Supplemental cash flow information were as follows:



	For the Year Ended September 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	48,141
Financing cash flows from finance leases	4,122
Total	$	52,263

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



	At September 30, 2020
Operating Leases:
Right of use assets:
Operating right-of-use assets	$	161,627

Lease Liabilities:
Current portion of operating lease liabilities	$	31,848
Long-term operating lease liabilities	136,054
Total operating lease liabilities	$	167,902

Finance Leases:
Right of use assets:
Property, plant and equipment, net⁽¹⁾	$	18,774

Lease Liabilities:
Notes payable and current portion of long-term debt	$	3,352
Long-term debt, net	15,339
Total financing lease liabilities	$	18,691

(1) Finance lease assets are recorded net of accumulated depreciation of $2,383.

Aggregate future maturities of lease payments for operating leases and finance leases as of September 30, 2020 are as follows (in thousands):



	Operating Leases			Finance Leases
2021	$	38,411		$	4,282
2022	33,286			2,695
2023	25,599			2,375
2024	19,057			2,119
2025	16,334			2,074
2026	71,903			9,850
Total lease payments	204,590			23,395
Less: Imputed Interest	(36,688		)	(4,704		)
Present value of lease liabilities	$	167,902		$	18,691

The aggregate future maturities of lease payments for operating leases and finance leases as of September 30, 2020 are as follows (in thousands):



	Operating Leases			Finance Leases
2021	$	38,411		$	4,282
2022	33,286			2,695
2023	25,599			2,375
2024	19,057			2,119
2025	16,334			2,074
2026	71,903			9,850
Total lease payments	204,590			23,395
Less: Imputed Interest	(36,688		)	(4,704		)
Present value of lease liabilities	$	167,902		$	18,691

The aggregate future maturities of lease payments for operating leases and finance leases as of September 30, 2020 are as follows (in thousands):



	Operating Leases			Finance Leases
2021	$	38,411		$	4,282
2022	33,286			2,695
2023	25,599			2,375
2024	19,057			2,119
2025	16,334			2,074
2026	71,903			9,850
Total lease payments	204,590			23,395
Less: Imputed Interest	(36,688		)	(4,704		)
Present value of lease liabilities	$	167,902		$	18,691