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Leases (Notes) | 12 Months Ended
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Sep. 30, 2025
Leases [Abstract] |
Lessee, operating leases | LEASES The Company leases office space, certain warehouses and equipment primarily through operating lease agreements. The Company has no finance lease agreements. Leases have remaining terms which range from less than 1 year to 12 years and most leases provide the Company with the option to exercise one or more renewal terms. The following table presents the balance sheet location of the Company’s operating leases.
| September 30,
| 2025 |  | 2024
ROU assets: |  |  |
Other assets | $ | 26.2 |  |  | $ | 5.8 |
Lease liabilities: |  |  |
Other current liabilities | $ | 2.6 |  |  | $ | 2.2 |
Other liabilities | 26.9 |  |  | 4.3 |
Total liabilities | $ | 29.5 |  |  | $ | 6.5 |
Future minimum payments of the Company’s operating lease liabilities as of September 30, 2025 are presented in the following table.
Fiscal 2026 | $ | 3.2 |  |  |  |  |
Fiscal 2027 | 4.1 |  |  |  |  |
Fiscal 2028 | 5.3 |  |  |  |  |
Fiscal 2029 | 5.4 |  |  |  |  |
Fiscal 2030 | 5.5 |  |  |  |  |
Thereafter | 34.8 |  |  |  |  |
Total future minimum payments | 58.3 |  |  |  |  |
Less: Implied interest | 19.2 |  |  |  |  |
Less: Tenant improvement allowance | 9.6 |  |  |  |  |
Total lease liabilities | $ | 29.5 |  |  |  |  |
The following table presents supplemental information related to the Company’s operating leases.
| Year Ended September 30,
| 2025 |  | 2024 |  | 2023
Total operating lease expense | $3.9 |  | $3.4 |  | $3.1
Variable lease expense | 1.3 |  | 1.0 |  | 0.9
Weighted-average remaining lease term | 10 years |  | 4 years |  | 4 years
Weighted-average incremental borrowing rate | 7.0% |  | 4.9% |  | 4.8%
Operating cash flows for amounts included in the measurement of the Company’s operating lease liabilities for the years ended September 30, 2025, 2024 and 2023 were $2.5, $2.5 and $2.4, respectively. Short-term lease expense for the years ended September 30, 2025, 2024 and 2023 was immaterial. ROU assets obtained in exchange for operating lease liabilities were $22.4 during the year ended September 30, 2025. ROU assets obtained in exchange for operating lease liabilities during the years ended September 30, 2024 and 2023 were immaterial.

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- Definition 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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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