XML 36 R26.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Leases (Tables)
 9 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of Lease Expense
Total lease expense included in selling, general and administrative expenses in our unaudited condensed consolidated statements of income for the three and nine months ended June 30, 2024 and 2023 is as follows (in thousands):
Three Months Ended June 30,Nine Months Ended June 30,
2024202320242023
Operating lease expense – fixed payments$1,292 $1,327 $3,876 $3,874 
Variable lease expense412 406 1,273 1,192 
Short-term and other lease expense (includes $117 and $116 recorded in advertising and marketing for the three months ended June 30, 2024 and 2023, respectively, and $342 and $243 for the nine months ended June 30, 2024 and 2023, respectively; and $159 and $145 recorded in repairs and maintenance for the three months ended June 30, 2024 and 2023, respectively, and $447 and $410 for the nine months ended June 30, 2024 and 2023, respectively; see Note 5)
365 364 1,042 950 
Sublease income— — — — 
Total lease expense, net$2,069 $2,097 $6,191 $6,016 
Other information:
Operating cash outflows from operating leases$2,036 $2,055 $6,085 $5,885 
Weighted average remaining lease term – operating leases10.1 years10.7 years
Weighted average discount rate – operating leases5.8 %5.8 %
Schedule of Future Maturities of Operating Lease Liabilities
Future maturities of operating lease liabilities as of June 30, 2024 are as follows (in thousands):
Principal PaymentsInterest PaymentsTotal Payments
July 2024 - June 2025$3,161 $1,926 $5,087 
July 2025 - June 20263,445 1,740 5,185 
July 2026 - June 20273,580 1,538 5,118 
July 2027 - June 20283,081 1,345 4,426 
July 2028 - June 20293,081 1,168 4,249 
Thereafter19,592 3,771 23,363 
$35,940 $11,488 $47,428