XML 29 R20.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases | 6 Months Ended
--- | ---
Mar. 31, 2023
Leases [Abstract] |
Leases | Leases Total lease expense included in selling, general and administrative expenses in our unaudited condensed consolidated statements of income for the three and six months ended March 31, 2023 and 2022 is as follows (in thousands):
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Operating lease expense – fixed payments | $ | 1,288 |  |  | $ | 1,136 |  |  | $ | 2,547 |  |  | $ | 2,267 |
Variable lease expense | 359 |  |  | 233 |  |  | 786 |  |  | 567 |
Short-term and other lease expense (includes $63 and $58 recorded in advertising and marketing for the three months ended March 31, 2023 and 2022, respectively, and $127 and $130 for the six months ended March 31, 2023 and 2022, respectively; and $138 and $107 recorded in repairs and maintenance for the three months ended March 31, 2023 and 2022, respectively, and $265 and $190 for the six months ended March 31, 2023 and 2022, respectively; see Note 6) | 319 |  |  | 368 |  |  | 586 |  |  | 698 |
Sublease income | — |  |  | (1) |  |  | — |  |  | (3) |
Total lease expense, net | $ | 1,966 |  |  | $ | 1,736 |  |  | $ | 3,919 |  |  | $ | 3,529 |
Other information: |  |  |  |  |  |  |
Operating cash outflows from operating leases | $ | 1,920 |  |  | $ | 1,690 |  |  | $ | 3,830 |  |  | $ | 3,439 |
Weighted average remaining lease term – operating leases |  |  |  |  | 10.9 years |  | 12.0 years
Weighted average discount rate – operating leases |  |  |  |  | 5.7 | % |  | 5.6 | %
Future maturities of operating lease liabilities as of March 31, 2023 are as follows (in thousands):
| Principal Payments |  | Interest Payments |  | Total Payments
April 2023 - March 2024 | $ | 2,951 |  |  | $ | 2,189 |  |  | $ | 5,140 |
April 2024 - March 2025 | 3,185 |  |  | 2,016 |  |  | 5,201 |
April 2025 - March 2026 | 3,460 |  |  | 1,829 |  |  | 5,289 |
April 2026 - March 2027 | 3,665 |  |  | 1,626 |  |  | 5,291 |
April 2027 - March 2028 | 3,303 |  |  | 1,423 |  |  | 4,726 |
Thereafter | 22,816 |  |  | 5,313 |  |  | 28,129 |
| $ | 39,380 |  |  | $ | 14,396 |  |  | $ | 53,776 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration