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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 35,492 $ 18,515
Restricted cash 0 465
Trade receivables and contract assets, net of allowances for credit losses of $7,446 and $6,268, respectively 87,383 100,073
Inventories, net 56,102 71,441
Prepaid expenses and other current assets 33,408 42,483
Assets held for sale 1,418 0
Total current assets 213,803 232,977
Property and equipment, net 191,068 186,199
Operating lease right-of-use assets, net 38,866 32,489
Goodwill 94,286 157,825
Other intangible assets, net 308,428 345,886
Other assets 10,079 7,524
Total assets 856,530 962,900
Current liabilities:    
Accounts payable 32,564 28,695
Accrued expenses and other liabilities 25,776 35,801
Revolving credit facility 0 15,000
Fees invoiced in advance 55,622 68,642
Current portion of long-term operating lease 10,282 7,982
Current portion of long-term debt 7,950 7,979
Total current liabilities 132,194 164,099
Long-term operating leases, net 29,614 24,854
Long-term debt, less current portion, net of debt issuance costs 369,795 330,677
Other long-term liabilities 6,373 6,477
Deferred tax liabilities, net 50,064 77,027
Total liabilities 588,040 603,134
Contingencies (Note 16)
Shareholders’ equity and noncontrolling interest:    
Authorized 74,000,000 shares at September 30, 2023 and September 30, 2022; 25,777,169 issued and outstanding at September 30, 2023 and 25,598,289 at September 30, 2022 6,406 6,362
Additional paid-in capital 715,696 707,787
Accumulated deficit (453,278) (348,277)
Accumulated other comprehensive income (loss) 330 (5,500)
Total equity attributable to common shareholders 269,154 360,372
Noncontrolling interest (664) (606)
Total shareholders’ equity and noncontrolling interest 268,490 359,766
Total liabilities and shareholders’ equity and noncontrolling interest $ 856,530 $ 962,900
Common stock authorized (in shares) 74,000,000 74,000,000