Leases

9 Months Ended

Jun. 30, 2023

Total lease expense included in selling, general and administrative expenses in our unaudited condensed consolidated statements of income for the three and nine months ended June 30, 2023 and 2022 is as follows (in thousands):


	Three Months Ended June 30,				Nine Months Ended June 30,
	2023		2022		2023			2022
Operating lease expense – fixed payments	$	1,327	$	1,215	$	3,874		$	3,482
Variable lease expense	406		404		1,192			971
Short-term and other lease expense (includes $116 and $53 recorded in advertising and marketing for the three months ended June 30, 2023 and 2022, respectively, and $243 and $183 for the nine months ended June 30, 2023 and 2022, respectively; and $145 and $120 recorded in repairs and maintenance for the three months ended June 30, 2023 and 2022, respectively, and $410 and $310 for the nine months ended June 30, 2023 and 2022, respectively; see Note 6)	364		290		950			988
Sublease income	—		(1)		—			(4)
Total lease expense, net	$	2,097	$	1,908	$	6,016		$	5,437

Other information:
Operating cash outflows from operating leases	$	2,055	$	1,855	$	5,885		$	5,294
Weighted average remaining lease term – operating leases					10.7 years			11.0 years
Weighted average discount rate – operating leases					5.8		%	5.6		%

Future maturities of operating lease liabilities as of June 30, 2023 are as follows (in thousands):


	Principal Payments		Interest Payments		Total Payments
July 2023 - June 2024	$	2,923	$	2,098	$	5,021
July 2024 - June 2025	3,161		1,926		5,087
July 2025 - June 2026	3,445		1,740		5,185
July 2026 - June 2027	3,580		1,538		5,118
July 2027 - June 2028	3,081		1,344		4,425
Thereafter	22,674		4,939		27,613
	$	38,864	$	13,585	$	52,449