Leases

6 Months Ended

Mar. 31, 2021

13. LEASES

We enter into various contractual arrangements for the right to use facilities, vehicles and equipment. The lease term generally ranges from two to ten years for facilities and three to five years for vehicles and equipment. Our lease terms may include the exercise of renewal or termination options when it is reasonably certain these options will be exercised. Our lease agreements do not contain any material residual value guarantees or restrictive covenants.

Current operating and finance liabilities of $13,256 and $613, respectively, as of March 31, 2021, and $11,056 and $418, respectively, as of September 30, 2020, were included in "Accounts payable and accrued expenses" in the Condensed Consolidated Balance Sheets. Non-current finance lease liabilities and finance lease right-of-use assets were included in the "Other non-current liabilities" and "Other non-current assets", respectively, in the Condensed Consolidated Balance Sheets.

The maturities of our lease liabilities as of March 31, 2021 are as follows:


	Operating Leases		Finance Leases		Total
Remainder of 2021	$	10,353	$	475	$	10,828
2022	11,349		613		11,962
2023	7,458		606		8,064
2024	4,701		561		5,262
2025	3,297		277		3,574
Thereafter	7,410		5		7,415
Total undiscounted lease payments	$	44,568	$	2,537	$	47,105
Less: imputed interest	4,443		231		4,674
Present value of lease liabilities	$	40,125	$	2,306	$	42,431

The total future undiscounted cash flows related to lease agreements committed to but not yet commenced as of March 31, 2021, is $4,175.

Lease cost recognized in our Condensed Consolidated Statements of Comprehensive Income is summarized as follows:


	Three Months Ended						Six Months Ended
	March 31, 2021		March 31, 2020				March 31, 2021		March 31, 2020
Operating lease cost	$	3,804	$	2,917	$	0	$	7,049	$	5,940
Finance lease cost
Amortization of lease assets	133		60				242		60
Interest on lease liabilities	26		15				48		15
Finance lease cost	159		75				290		75
Short-term lease cost	237		279				550		475
Variable lease cost	343		251				634		428
Total lease cost	$	4,543	$	3,522			$	8,523	$	6,918

Other information about lease amounts recognized in our Condensed Consolidated Financial Statements is summarized as follows:


	Three Months Ended				Six Months Ended
	March 31, 2021		March 31, 2020		March 31, 2021		March 31, 2020
Operating cash flows used for operating leases	$	3,654	$	3,181	$	7,649	$	6,298
Operating cash flows used for finance leases	—		15		48		15
Right-of-use assets obtained in exchange for new operating lease liabilities	6,247		2,557		14,861		8,144
Right-of-use assets obtained in exchange for new finance lease liabilities	396		497		960		928


	March 31, 2021		September 30, 2020
Weighted-average remaining lease term - operating leases	4.9 years		4.3 years
Weighted-average remaining lease term - finance leases	4.2 years		4.4 years
Weighted-average discount rate - operating leases	3.8	%	3.9	%
Weighted-average discount rate - finance leases	4.7	%	5.1	%