Leases (Tables)

12 Months Ended

Sep. 30, 2021

Leases

Schedule of components of lease costs

The components of lease costs are shown below:

	Year Ended		Year Ended
	September 30,		September 30,
(Dollars in thousands)	2021		2020
Finance lease cost:
Amortization	$	2,413	$	2,056
Interest on lease liabilities		1,235		971
Operating lease cost		5,879		5,284
Total lease cost	$	9,527	$	8,311

Schedule of additional information related to leases

Additional information related to leases is shown below:

	Year Ended			Year Ended
	September 30,			September 30,
(Dollars in thousands)	2021			2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	5,504		$	5,223
Operating cash flows from finance leases		1,228			971
Financing cash flows from finance leases		1,757			1,547
Right-of-use assets obtained in exchange for operating lease liabilities	$	15,609		$	26,244
Weighted-average remaining lease term:
Operating leases		10.3	yrs.		6.0	yrs.
Finance leases		11.7	yrs.		12.5	yrs.
Weighted-average discount rate:
Operating leases		3.1	%		3.1	%
Finance leases		4.2	%		4.3	%

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

The table below is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on our Consolidated Balance Sheet on September 30, 2021:

(Dollars in thousands)	Operating		Finance
Years Ending September 30:	Leases		Leases
2022	$	5,448	3,153
2023		4,679	3,235
2024		4,032	3,319
2025		3,654	3,399
2026 and thereafter		20,453	25,516
Total minimum lease payments		38,266	38,622
Less: amounts representing interest		5,691	9,092
Present value of net minimum lease payments	$	32,575	29,530
Less: current portion of lease obligations		4,543	2,180
Non-current portion of lease obligations		28,032	27,350
ROU assets	$	31,846	24,964

The table below is a reconciliation of future undiscounted cash flows to the operating and finance lease liabilities, and the related ROU assets, presented on our Consolidated Balance Sheet on September 30, 2020:

(Dollars in thousands)	Operating		Finance
Years Ending September 30:	Leases		Leases
2021	$	5,614		2,930
2022		4,985		3,011
2023		3,984		3,094
2024		2,438		3,177
2025 and thereafter		6,984		28,323
Total minimum lease payments		24,005		40,535
Less: amounts representing interest		2,211		10,270
Present value of net minimum lease payments	$	21,794		30,265
Less: current portion of lease obligations		5,009		1,937
Non-current portion of lease obligations		16,785		28,328
ROU assets	$	21,390		26,164