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v3.22.4

Leases | 3 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Leases | Leases The components of lease expense for the three months ended December 31, 2022 and January 1, 2022 indicated were as follows (in thousands):
|  | Three Months Ended
|  | December 31, 2022 |  | January 1, 2022
Finance lease expense: |  |  |  |
Amortization of right-of-use assets |  | $ | 1,614 |  |  | $ | 1,693 |
Interest on lease liabilities |  | 1,272 |  |  | 1,222 |
Operating lease expense |  | 2,606 |  |  | 2,857 |
Other lease expense |  | 1,766 |  |  | 1,404 |
Total |  | $ | 7,258 |  |  | $ | 7,176 |
Based on the nature of the right-of use ("ROU") asset, amortization of finance lease ROU assets, operating lease expense and other lease expense are recorded within either cost of goods sold or selling and administrative expenses and interest on finance lease liabilities is recorded within interest expense on the Condensed Consolidated Statements of Comprehensive Income. Other lease expense includes lease expense for leases with an estimated total term of twelve months or less and variable lease expense related to variations in lease payments as a result of a change in factors or circumstances occurring after the lease possession date. The following tables sets forth the amount of lease assets and lease liabilities included in the Company’s Condensed Consolidated Balance Sheets (in thousands):
| Financial Statement Line Item | December 31, 2022 |  | October 1, 2022
ASSETS |  |  |  |
Finance lease assets | Property, plant and equipment, net | $ | 38,025 |  |  | $ | 40,063 |
Operating lease assets | Operating lease right-of-use assets | 64,069 |  |  | 65,134 |
Total lease assets |  | $ | 102,094 |  |  | $ | 105,197 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |
Current |  |  |  |
Finance lease liabilities | Current portion of long-term debt and finance lease obligations | $ | 4,406 |  |  | $ | 5,087 |
Operating lease liabilities | Other accrued liabilities | 8,878 |  |  | 7,948 |
Non-current |  |  |  |
Finance lease liabilities | Long-term debt and finance lease obligations, net of current portion | 38,583 |  |  | 39,257 |
Operating lease liabilities | Long-term operating lease liabilities | 32,149 |  |  | 33,628 |
Total lease liabilities |  | $ | 84,016 |  |  | $ | 85,920 |

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- References No definition available. + Details
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- Definition Disclosure of accounting policy for leasing arrangement entered into by lessee. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918666-209980 + Details
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