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Short-Term Borrowings and Long-Term Debt (Tables)

3 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The below table summarizes the Company's long-term debt.

		December 31, 2024				September 30, 2024
		(Amounts in thousands)
Mortgage facility payable to Flagship Bank bearing interest at 6.50% (prime minus 100 basis points with a floor of 2.00%). Requires monthly principal and interest payments with a balloon payment of approximately $4.0 million due August 2027.		$	5,287			$	5,411
Mortgage facility payable to Seacoast National Bank bearing interest at 6.59% (SOFR plus 220 basis points). Requires monthly interest payments for the first year and then monthly principal and interest payments with a balloon payment of approximately $10.0 million due September 2031.			15,039				15,378
Mortgage facility payable to Hancock Whitney Bank bearing interest at 6.88% (prime minus 62.5 basis points with a floor of 2.25%). Requires monthly principal and interest payments with a balloon payment of approximately $15.5 million due November 2027. 50% of the outstanding borrowings are hedged with an interest rate swap contract with a fixed rate of 3.20%.			20,887				21,366
Revolving mortgage facility with FineMark National Bank & Trust bearing interest at 7.25% (prime minus 25 basis points with a floor of 3.00%). Facility matures in October 2027. Current available borrowings under the facility were approximately $20.5 million at December 31, 2024.			—				—
Term loan payable to M&T Bank bearing interest at 6.03%. Requires quarterly principal and interest payments. Facility matures in August 2027.			340,000				347,500
Loan payable to TRANSPORT S.a.s di Taula Vittorio & C. bearing interest at 6.78%. Requires quarterly principal and interest payments. Facility matures in December 2030.			1,263				1,531
Total long-term debt			382,476				391,186
Less: current portion			(33,766	)			(33,766	)
Less: unamortized portion of debt issuance costs			(1,416	)			(1,514	)
Long-term debt, net current portion and unamortized debt issuance costs		$	347,294			$	355,906

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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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