v3.22.4
Operating Leases (Tables)
 3 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost For the three months ended December 31, 2022 and 2021, operating lease expense and cash payments on lease liabilities were as follows:
Three Months Ended December 31,
in thousands20222021
Operating lease expense$1,001 $999 
Cash payments on lease liabilities$1,141 $1,086 
At December 31, 2022 and 2021, the weighted-average remaining lease term and discount rate were as follows:
As of December 31,
20222021
Weighted-average remaining lease term4.3 years4.7 years
Weighted-average discount rate4.41%4.43%
Lessee, Operating Lease, Liability, Maturity
The following is a maturity analysis of the annual undiscounted cash flows reconciled to the carrying value of the operating lease liabilities as of December 31, 2022:
Fiscal Years Ending September 30,
in thousands
2023(a)
$2,658 
20242,688 
20252,299 
20261,643 
2027702 
Thereafter1,226 
    Total lease payments(b)
11,216 
    Less: imputed interest1,029 
    Total operating lease liabilities$10,187 
(a) Remaining lease payments are for the period beginning January 1, 2023 through September 30, 2023.
(b) Lease payments excludes $11.2 million legally binding minimum lease payments for an office lease signed but not yet commenced. The related ROU asset and operating lease liability are not reflected on the Company's condensed consolidated balance sheet as of December 31, 2022.