v3.25.4
Leases (Tables)
3 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Balance Sheet Information
The Company's leases are included in its Condensed Consolidated Balance Sheets as follows:
 December 31, 2025September 30, 2025
Finance Leases
Property, Plant, and Equipment, Net$27.7 $28.3 
Total Finance Lease Assets$27.7 $28.3 
Current finance lease liabilities$3.5 $3.4 
Non Current Finance Lease Liabilities28.2 28.7 
Total Finance Lease Liabilities$31.7 $32.1 
Weighted-average remaining lease term (years)11.311.5
Weighted-average discount rate6.8 %6.8 %
Operating Leases
Other Assets$19.1 $20.2 
Total Operating Lease Assets$19.1 $20.2 
Accrued expenses$6.7 $6.9 
Deferred Income Taxes and Other Liabilities9.5 10.2 
Total Operating Lease Liabilities$16.2 $17.1 
Weighted-average remaining lease term (years)5.65.6
Weighted-average discount rate6.7 %6.6 %
Schedule of Lease Cost and Supplemental Cash Flow Information
Lease costs incurred are as follows:
Three months ended December 31,
(in millions)Classification20252024
Operating lease expenseSelling and administrative and Research and Development expense $1.7 $2.0 
Finance lease cost:
Depreciation of lease assetsCost of products sold0.6 0.6 
Interest on lease liabilitiesInterest expense, net0.5 0.6 
Total lease cost$2.8 $3.2 
Supplemental cash flow information related to leases for the three months ended December 31, 2025 and 2024 were as follows:
For both the three months ended December 31, 2025 and 2024, right of use assets obtained in exchange for lease liabilities were not material.
 December 31, 2025December 31, 2024
Cash used for amounts included in the measurement of lease liabilities
Operating cash flows from Operating Leases
$1.6 $1.9 
Financing cash flows from Finance Lease
0.4 0.3 
Operating cash flows from Finance Lease
0.5 0.6 
Schedule of Maturities of Finance Lease Liabilities
Maturities of the Company's finance and operating lease liabilities as of December 31, 2025 by fiscal year are as follows:
 Finance LeasesOperating LeasesTotal
2026$2.8 $4.5 $7.3 
20273.8 2.7 6.5 
20283.9 2.1 6.0 
20293.9 2.2 6.1 
20304.0 1.8 5.8 
Thereafter28.3 5.7 34.0 
Total lease payments$46.7 $19.0 $65.7 
Less: amount representing interest15.0 2.8 17.8 
Present value of lease liabilities$31.7 $16.2 $47.9 
Schedule of Maturities of Operating Lease Liabilities
Maturities of the Company's finance and operating lease liabilities as of December 31, 2025 by fiscal year are as follows:
 Finance LeasesOperating LeasesTotal
2026$2.8 $4.5 $7.3 
20273.8 2.7 6.5 
20283.9 2.1 6.0 
20293.9 2.2 6.1 
20304.0 1.8 5.8 
Thereafter28.3 5.7 34.0 
Total lease payments$46.7 $19.0 $65.7 
Less: amount representing interest15.0 2.8 17.8 
Present value of lease liabilities$31.7 $16.2 $47.9