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Defined Benefit Pension Plan
 3 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Defined Benefit Pension Plan Defined Benefit Pension Plan
Certain employees of Liquidity Services UK Limited (GoIndustry), which the Company acquired in July 2012, are covered by the Henry Butcher Pension Fund and Life Assurance Scheme (the Scheme), a qualified defined benefit pension plan. The Company guarantees GoIndustry's performance on all present and future obligations to make payments to the Scheme for up to a maximum of £10 million British pounds. The Scheme was closed to new members on January 1, 2002.

The net periodic (benefit) is recognized within Interest and other income, net in the Condensed Consolidated Statements of Operations, and for the three months ended December 31, 2021 and 2020 included the following components:

 Three Months Ended December 31,
(in thousands)20212020
Interest cost$132 $107 
Expected return on plan assets(235)(194)
Amortization of prior service cost5 5 
Total net periodic (benefit)$(98)$(82)