Leases

12 Months Ended

Sep. 30, 2020

16) Leases

The Company has entered into certain operating leases for office space, vehicles and other equipment with lease terms between one to fifteen years, expiring between 2020 and 2033. Some of the Company’s real estate property lease agreements have options to extend the leases for up to ten years.

A summary of total lease costs and other information for the twelve months ended September 30, 2020 is as follows:

	September 30,
(in thousands)	2020
Lease cost:
Operating lease cost	$	25,396
Short-term lease cost		775
Variable lease cost		5,255
Total lease cost	$	31,426

Other information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	24,943
Right-of-use assets obtained in exchange for new operating lease liabilities	$	20,487

As of September 30, 2020, our operating leases had a weighted average remaining lease term of 7.1 years and a weighted average discount rate of 4.9%. Maturities of noncancelable operating lease liabilities as of September 30, 2020 are as follows:

	September 30,
(in thousands)	2020
2021	$	23,743
2022		19,619
2023		16,675
2024		14,725
2025		12,800
Thereafter		38,014
Total undiscounted lease payments		125,576
Less imputed interest		(20,529	)
Total lease liabilities	$	105,047

Maturities of operating lease liabilities under noncancelable operating leases (within initial ore remaining lease terms in excess of one year) presented undiscounted under ASC Topic 840 as prescribed by ASC Topic 842 as of September 30, 2019 were as follows:

	September 30,
(in thousands)	2019
2020	$	24,082
2021		20,875
2022		16,687
2023		13,344
2024		11,114
Thereafter		43,506
Total future minimum lease payments	$	129,608

Rent expense for the fiscal years ended September 30, 2019, and 2018 under ASC Topic 840 was $26.2 million, and $23.3 million, respectively.