XML 45 R33.htm IDEA: XBRL DOCUMENT v3.19.2
Long-Term Debt and Bank Facility Borrowings (Tables)
 9 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Company's Debt

The Company’s debt is as follows (in thousands):

 

 

June 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

 

Carrying

Amount

 

 

Fair Value (a)

 

 

Carrying

Amount

 

 

Fair Value (a)

 

Revolving Credit Facility Borrowings

 

$

70,500

 

 

$

70,500

 

 

$

1,500

 

 

$

1,500

 

Senior Secured Term Loan (b)

 

 

94,399

 

 

 

95,000

 

 

 

99,280

 

 

 

100,000

 

Total debt

 

$

164,899

 

 

$

165,500

 

 

$

100,780

 

 

$

101,500

 

Total short-term portion of debt

 

$

80,500

 

 

$

80,500

 

 

$

9,000

 

 

$

9,000

 

Total long-term portion of debt

 

$

84,399

 

 

$

85,000

 

 

$

91,780

 

 

$

92,500

 

 

(a)

The face amount of the Company’s variable rate long-term debt approximates fair value.

(b)

Carrying amounts are net of unamortized debt issuance costs of $0.6 million as of June 30, 2019 and $0.7 million as of September 30, 2018.