LEASES (Tables)

9 Months Ended

Jun. 30, 2020

LEASES

Schedule of components of lease costs

	Three Months Ended		Nine Months Ended
	June 30,		June 30,
(Dollars in thousands)	2020		2020
Finance lease cost
Amortization of right-of-use assets	$	540	$	1,622
Interest on lease liabilities		319		970
Operating lease cost		1,474		4,399
Total lease costs	$	2,333	$	6,991

Schedule of additional information related to leases

	Three Months Ended		Nine Months Ended
	June 30,		June 30,
(Dollars in thousands)	2020		2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,452	$	4,334
Operating cash flows from finance leases		319		655
Financing cash flows from finance leases		418		1,145
Right-of-use assets obtained in exchange for lease liabilities
Operating leases	$	53	$	22,072
Weighted-average remaining lease term
Operating leases				6.64	years
Finance leases				12.76	years
Weighted-average discount rate
Operating leases				3.14	%
Finance leases				4.29	%

Schedule of reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets

(Dollars in thousands)		Operating	Finance
Years Ending September 30:	Leases		Leases
2020 (excluding the nine months ended June 30, 2020)	$	1,294		718
2021		4,664		2,930
2022		4,005		3,011
2023		3,057		3,094
2024 and thereafter		7,633		31,416
Total minimum lease payments		20,653		41,169
Less: amounts representing interest		2,021		10,502
Present value of net minimum lease payments	$	18,632		30,667
Less: current portion of lease obligations		4,275		1,908
Non-current portion of lease obligations		14,357		28,759
ROU assets	$	18,351		27,535

Schedule of future minimum lease payments for operating and capital leases under ASC 840

(Dollars in thousands)	Operating		Finance
Years Ending September 30:	Leases		Leases
2020	$	5,574		2,518
2021		4,558		2,930
2022		3,950		3,012
2023		3,270		3,094
2024 and thereafter		8,443		31,499
Total minimum lease payments	$	25,795		43,053
Less: amounts representing interest		*		11,241
Present value of net minimum lease payments		*		31,812
Less: Current portion of lease obligations		*		1,832
Non-current portion of lease obligations		*		29,980

*    Not applicable for operating leases