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Leases | 6 Months Ended
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Mar. 31, 2024
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, 2024 and 2023 is as follows (in thousands):
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
Operating lease expense – fixed payments | $ | 1,292 |  |  | $ | 1,288 |  |  | $ | 2,584 |  |  | $ | 2,547 |
Variable lease expense | 411 |  |  | 359 |  |  | 861 |  |  | 786 |
Short-term and other lease expense (includes $118 and $63 recorded in advertising and marketing for the three months ended March 31, 2024 and 2023, respectively, and $225 and $127 for the six months ended March 31, 2024 and 2023, respectively; and $147 and $138 recorded in repairs and maintenance for the three months ended March 31, 2024 and 2023, respectively, and $288 and $265 for the six months ended March 31, 2024 and 2023, respectively; see Note 5) | 347 |  |  | 319 |  |  | 677 |  |  | 586 |
Sublease income | — |  |  | — |  |  | — |  |  | — |
Total lease expense, net | $ | 2,050 |  |  | $ | 1,966 |  |  | $ | 4,122 |  |  | $ | 3,919 |
Other information: |  |  |  |  |  |  |
Operating cash outflows from operating leases | $ | 2,016 |  |  | $ | 1,920 |  |  | $ | 4,049 |  |  | $ | 3,830 |
Weighted average remaining lease term – operating leases |  |  |  |  | 10.1 years |  | 10.9 years
Weighted average discount rate – operating leases |  |  |  |  | 5.8 | % |  | 5.7 | %
Future maturities of operating lease liabilities as of March 31, 2024 are as follows (in thousands):
| Principal Payments |  | Interest Payments |  | Total Payments
April 2024 - March 2025 | $ | 3,098 |  |  | $ | 1,970 |  |  | $ | 5,068 |
April 2025 - March 2026 | 3,370 |  |  | 1,788 |  |  | 5,158 |
April 2026 - March 2027 | 3,588 |  |  | 1,589 |  |  | 5,177 |
April 2027 - March 2028 | 3,218 |  |  | 1,390 |  |  | 4,608 |
April 2028 - March 2029 | 3,038 |  |  | 1,213 |  |  | 4,251 |
Thereafter | 20,379 |  |  | 4,046 |  |  | 24,425 |
| $ | 36,691 |  |  | $ | 11,996 |  |  | $ | 48,687 |

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- 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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