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Debt (Tables)

9 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt

						June 30, 2022																		September 30, 2021
						Interest Rate						Maturity Date						Carrying Value of Debt (6)						Carrying Value of Debt (6)
Avondale Term Loan(1)						3.06		%				May 2028						$	30,287					$	30,886
Lisle Term Loan - VN(2)						3.05		%				Apr 2029						38,000						—
Lisle Term Loan - WA(3)						5.29		%				Nov 2031						—						—
Finance leases(4)						3.08		%				Various						42						96
Total debt																		68,329						30,982
Debt issuance costs presented with debt (5)																		(568)						(256)
Total debt, net																		67,761						30,726
Less: current portion of long-term debt																		(929)						(876)
Long-term debt																		$	66,832					$	29,850

(1)     Interest on the Avondale Term Loan (as defined below) accrues at annual rate equal to the LIBOR plus 2.0%.

(2)    Interest on the Lisle Term Loan - VN (as defined below) accrues at annual rate equal to the SOFR plus 2.0%.

(3)    The Lisle Term Loan - WA (as defined below) was paid off and retired.

(4)    Our finance leases include finance lease arrangements related to various equipment with a weighted-average annual interest rate of approximately 3.08%, which mature in varying installments between 2022 and 2023. See Note 11 for additional details on our finance leases.

(5)    The unamortized debt issuance costs as of June 30, 2022 relate to the Avondale Term Loan and the Lisle Term Loan - VN. The unamortized debt issuance costs as of September 30, 2021 relate entirely to the Avondale Term Loan. (6)    Our term loans and finance leases bear interest at rates commensurate with market rates and therefore the respective carrying values approximate fair value (Level 2).

Schedule of Maturities of Long-term Debt

Scheduled principal payments due on our debt for the remainder of 2022 and for each year through the period ended September 30, 2026, and thereafter were as follows at June 30, 2022:

Maturity						Term Loans						Finance Leases						Total
Remainder of 2022						$	206					$	19					$	225
2023						1,092						23						1,115
2024						1,672						—						1,672
2025						1,763						—						1,763
2026						1,836						—						1,836
Thereafter						61,718						—						61,718
Subtotal						68,287						42						68,329
Debt issuance costs presented with debt						(568)						—						(568)
Total						$	67,719					$	42					$	67,761

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601

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