Leases

12 Months Ended

Sep. 30, 2025

16) Leases

The Company has entered into certain operating leases for office space, vehicles and other equipment with lease terms between one to twenty two years, expiring between 2025 and 2046. 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 is comprised of the following for the indicated periods:


	Years Ended September 30,
(in thousands)	2025			2024			2023
Lease cost:
Operating lease cost	$	27,840		$	25,294		$	23,637
Short-term lease cost		622			754			818
Variable lease cost		5,673			6,153			5,598
Total lease cost	$	34,135		$	32,201		$	30,053

Other information:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	28,262		$	25,504		$	23,622
Right-of-use assets obtained in exchange for new operating lease liabilities	$	23,887		$	20,619		$	15,994
Weighted-average remaining lease term – operating leases	5.4 years			5.3 years			5.6 years
Weighted-average discount rate – operating leases		6.6	%		6.3	%		5.9	%

Maturities of noncancelable operating lease liabilities as of September 30, 2025 are as follows:


	September 30,
(in thousands)	2025
2026	$	25,820
2027		23,597
2028		19,789
2029		16,182
2030		12,987
Thereafter		17,610
Total undiscounted lease payments		115,985
Less imputed interest		(18,845	)
Total lease liabilities	$	97,140