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Leases (Notes)

12 Months Ended

Sep. 30, 2024

Leases [Abstract]

Lessee, Finance Leases

9.  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 lease liabilities were $21,981 and $19,496, respectively, as of September 30, 2024 and 2023, and current finance lease liabilities were $4,563 and $4,301, respectively, as of September 30, 2024 and 2023. Current operating and finance lease

liabilities were included in "Accounts payable and accrued expenses" in the Consolidated Balance Sheets as of September 30, 2024 and 2023. 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 Consolidated Balance Sheets.

The maturities of our lease liabilities as of September 30, 2024, are as follows:

			Operating Leases						Finance Leases						Total
2025			$	22,487					$	4,701					$	27,188
2026			18,512						3,916						22,428
2027			13,526						2,148						15,674
2028			7,848						379						8,227
2029			3,591						46						3,637
Thereafter			3,467						—						3,467
Total undiscounted lease payments			$	69,431					$	11,190					$	80,621
Less: imputed interest			7,005						896						7,901
Present value of lease liabilities			$	62,426					$	10,294					$	72,720

The total future undiscounted cash flows related to lease agreements committed to but not yet commenced as of September 30, 2024, is $8,542.

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

			Year Ended September 30,
			2024						2023						2022
Operating lease cost			$	21,933					$	18,501					$	16,000
Finance lease cost
Amortization of lease assets			4,370						3,603						1,729
Interest on lease liabilities			553						746						269
Finance lease cost			4,923						4,349						1,998
Short-term lease cost			1,558						1,883						2,426
Variable lease cost			4,518						2,805						1,900
Total lease cost			$	32,932					$	27,538					$	22,324

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

			Year Ended September 30,
			2024						2023						2022
Operating cash flows used for operating leases			$	24,381					$	22,022					$	20,799
Operating cash flows used for finance leases			553						746						269
Right-of-use assets obtained in exchange for new operating lease liabilities			21,795						27,491						31,422
Right-of-use assets obtained in exchange for new finance lease liabilities			1,678						5,973						7,950

			Year Ended September 30,
			2024						2023
Weighted-average remaining lease term - operating leases			3.8 years						4.5 years
Weighted-average remaining lease term - finance leases			2.7 years						3.4 years
Weighted-average discount rate - operating leases			5.5		%				5.1		%
Weighted-average discount rate - finance leases			6.2		%				6.0		%

For a discussion of leases with certain related parties which are included above, see Note 13, “Related-Party Transactions.”

Rent expense was $23,491, $20,384 and $18,426 for the years ended September 30, 2024, 2023 and 2022, respectively.

Lessee, Operating Leases

9.  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 lease liabilities were $21,981 and $19,496, respectively, as of September 30, 2024 and 2023, and current finance lease liabilities were $4,563 and $4,301, respectively, as of September 30, 2024 and 2023. Current operating and finance lease

liabilities were included in "Accounts payable and accrued expenses" in the Consolidated Balance Sheets as of September 30, 2024 and 2023. 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 Consolidated Balance Sheets.

The maturities of our lease liabilities as of September 30, 2024, are as follows:

			Operating Leases						Finance Leases						Total
2025			$	22,487					$	4,701					$	27,188
2026			18,512						3,916						22,428
2027			13,526						2,148						15,674
2028			7,848						379						8,227
2029			3,591						46						3,637
Thereafter			3,467						—						3,467
Total undiscounted lease payments			$	69,431					$	11,190					$	80,621
Less: imputed interest			7,005						896						7,901
Present value of lease liabilities			$	62,426					$	10,294					$	72,720

The total future undiscounted cash flows related to lease agreements committed to but not yet commenced as of September 30, 2024, is $8,542.

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

			Year Ended September 30,
			2024						2023						2022
Operating lease cost			$	21,933					$	18,501					$	16,000
Finance lease cost
Amortization of lease assets			4,370						3,603						1,729
Interest on lease liabilities			553						746						269
Finance lease cost			4,923						4,349						1,998
Short-term lease cost			1,558						1,883						2,426
Variable lease cost			4,518						2,805						1,900
Total lease cost			$	32,932					$	27,538					$	22,324

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

			Year Ended September 30,
			2024						2023						2022
Operating cash flows used for operating leases			$	24,381					$	22,022					$	20,799
Operating cash flows used for finance leases			553						746						269
Right-of-use assets obtained in exchange for new operating lease liabilities			21,795						27,491						31,422
Right-of-use assets obtained in exchange for new finance lease liabilities			1,678						5,973						7,950

			Year Ended September 30,
			2024						2023
Weighted-average remaining lease term - operating leases			3.8 years						4.5 years
Weighted-average remaining lease term - finance leases			2.7 years						3.4 years
Weighted-average discount rate - operating leases			5.5		%				5.1		%
Weighted-average discount rate - finance leases			6.2		%				6.0		%

For a discussion of leases with certain related parties which are included above, see Note 13, “Related-Party Transactions.”

Rent expense was $23,491, $20,384 and $18,426 for the years ended September 30, 2024, 2023 and 2022, respectively.

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- Definition

The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability.

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-Topic 842
-SubTopic 20
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The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.

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-URI https://asc.fasb.org/842-20/tableOfContent

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