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EMPLOYEE BENEFIT PLANS
6 Months Ended
Mar. 31, 2025
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLANS EMPLOYEE BENEFIT PLANS
Defined benefit pension expense (income) included in Other Income (Expense), net was as follows:
 Three Months Ended March 31,Six Months Ended March 31,
 2025202420252024
Interest cost$1,605 $1,889 $3,210 $3,777 
Expected return on plan assets(2,541)(2,543)(5,083)(5,086)
Amortization:    
Recognized actuarial loss637 689 1,273 1,378 
Net periodic (benefit) expense$(299)$35 $(600)$69 
The Hunter Fan Pension Plan (the "Plan") was terminated with an effective date of April 30, 2024. This was communicated to Plan participants in February 2024. At the time of termination, the Plan was fully funded and the Company did not anticipate making additional funding contributions as of the benefit distribution dates. During the six months ended March 31, 2025 the Plan paid lump sum payments in the amount of $4,830 to those participants that elected a lump sum distribution. Additionally, the Company selected an insurance company to hold the annuity and provide pension benefits to the plan participants currently receiving benefit payments and those that elected to continue their future benefit with an annuity provider. This decision included a transfer of plan assets valued at $10,895. The termination process is expected to be complete in 2025.