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Long-Term Debt and Bank Facility Borrowings (Tables)
 12 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Company's Debt

The Company's debt is as follows

 

September 30,

 

(in thousands):

 

2024

 

 

2023

 

 

 

Carrying

 

 

 

 

 

Carrying

 

 

 

 

 

 

Amount

 

 

Fair Value (a)

 

 

Amount

 

 

Fair Value (a)

 

Revolving Credit Facility Borrowings

 

$

5

 

 

$

5

 

 

$

240

 

 

$

240

 

Senior Secured Term Loan (b)

 

 

208,811

 

 

 

210,000

 

 

 

147,827

 

 

 

148,500

 

Total debt

 

$

208,816

 

 

$

210,005

 

 

$

148,067

 

 

$

148,740

 

Total short-term portion of debt

 

$

21,005

 

 

$

21,005

 

 

$

20,740

 

 

$

20,740

 

Total long-term portion of debt

 

$

187,811

 

 

$

189,000

 

 

$

127,327

 

 

$

128,000

 

 

(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 $1.2 million as of September 30, 2024 and $0.7 million as of September 30, 2023.
Maturities Including Working Capital Borrowings and Expected Repayments Due to Excess Cash Flow

As of September 30, 2024, the maturities (including working capital borrowings and expected repayments due to Excess Cash Flow) during fiscal years ending September 30, considering the terms of our credit agreement, are set forth in the following table (in thousands):

 

2025

 

$

21,005

 

2026

 

$

21,000

 

2027

 

$

21,000

 

2028

 

$

21,000

 

Thereafter

 

$

126,000