XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.2
Retirement Benefit Plans
6 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
Retirement Benefit Plans Retirement Benefit Plans
The Company and certain of its subsidiaries sponsor defined benefit pension plans covering some of its employees. The components of the net periodic benefit cost of the Company’s defined benefit plans are as follows:

Three Months Ended
March 31,
Six Months Ended
March 31,
 2023202220232022
Service cost$$11 $12 $21 
Interest cost274 178 549 357 
Expected return on plan assets(277)(340)(554)(681)
Amortization of net loss77 119 153 238 
Net periodic pension cost (benefit)$80 $(32)$160 $(65)

During the six months ended March 31, 2023 and 2022, the Company made $13 and $0 in contributions, respectively, to its defined benefit pension plans. The Company anticipates making $43 in cash contributions to fund its defined benefit pension plans for the balance of fiscal 2023, and will use carryover balances from previous periods that have been available for use as a credit to reduce the amount of cash contributions that the Company is required to make to certain defined benefit plans in fiscal 2023. The Company's ability to elect to use such carryover balance will be determined based on the actual funded status of each defined benefit pension plan relative to the plan's minimum regulatory funding requirements. The Company does not anticipate making cash contributions above the minimum funding requirement to fund its defined benefit pension plans during the balance of fiscal 2023.