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Leases (Tables)
12 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Supplemental Balance Sheet Information
The following table shows the supplemental balance sheet information related to our leases (in thousands):
Balance Sheet LocationSeptember 30, 2024September 30, 2023
Assets
Operating leasesOperating lease right-of-use assets$10,207 $12,876 
Total lease assets$10,207 $12,876 
Liabilities
Operating leasesCurrent portion of operating lease liabilities$2,973 $3,352 
Operating leasesOperating lease liabilities11,228 13,989 
Total lease liabilities$14,201 $17,341 
Components of Lease Cost
The following were the components of our lease cost which is recorded in both cost of goods sold and selling, general and administrative expense (in thousands):
Statement of Operations LocationYear ended
September 30, 2024
Year ended
September 30, 2023
Operating lease costCost of goods sold and SG&A$3,531 $3,815 
Variable lease costCost of goods sold and SG&A1,263 1,332 
Short-term lease costCost of goods sold and SG&A114 93 
Total lease cost$4,908 $5,240 
Supplemental Disclosures Leases
The following table presents supplemental information related to operating leases (in thousands):
Year ended
September 30, 2024
Year ended
September 30, 2023
Cash paid for amounts included in the measurement of operating lease liabilities$3,065 $2,965 
Right-of-use assets obtained in exchange for new operating lease liabilities$440 $276 
8. LEASES (CONTINUED)
September 30, 2024
Weighted average remaining lease term - operating leases5.9 years
Weighted average discount rate - operating leases4.80 %
Operating Lease Liability Maturity
The table below reconciles the undiscounted cash flows for each of the first five years as well as all the remaining years to the operating lease liabilities recorded on the Consolidated Balance Sheet as of September 30, 2024 (in thousands):
Fiscal yearAmount
2025$3,791 
20263,307 
20272,068 
20281,897 
20291,840 
Thereafter3,865 
Total future undiscounted lease payments16,768 
Less imputed interest(2,567)
Total reported lease liability$14,201