Leases (Tables)

3 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Lease Term and Incremental Borrowing Rates for Leases

The following table presents certain information related to lease term and incremental borrowing rates for leases as of December 31, 2022 and September 30, 2022:


		December 31, 2022			September 30, 2022
Weighted-average remaining lease term (in months):
Operating leases			42.9			46.5
Finance leases			33.4			35.6
Weighted-average discount rate:
Operating leases			4.0	%		3.7	%
Finance leases			4.4	%		4.4	%

Summary of Lease Expense

The following table presents lease expense for the three months ended December 31, 2022 and 2021 (dollars in thousands):


		Three Months Ended December 31,
		2022				2021
Finance lease costs:
Amortization of right of use asset		$	108			$	109
Interest on lease liability			10				14
Operating lease cost			1,686				1,558
Variable lease cost			691				877
Sublease income			(45	)			(48	)
Total lease cost		$	2,450			$	2,510

Summary of Undiscounted Future Minimum Lease Payments Under Non-cancelable Leases

The table below reconciles the undiscounted future minimum lease payments under non-cancelable leases to the total lease liabilities recognized on the Condensed Consolidated Balance Sheet as of December 31, 2022 (dollars in thousands):


Year Ending September 30,		Operating Leases				Financing Leases				Total
2023		$	4,802			$	311			$	5,113
2024			5,932				417				6,349
2025			4,133				362				4,495
2026			1,882				53				1,935
2027			1,460				—				1,460
Thereafter			807				—				807
Total future minimum lease payments		$	19,016			$	1,143			$	20,159
Less effects of discounting			(1,190	)			(55	)			(1,245	)
Total lease liabilities		$	17,826			$	1,088			$	18,914
Reported as of December 31, 2022
Short-term lease liabilities		$	5,759			$	383			$	6,142
Long-term lease liabilities			12,067				705				12,772
Total lease liabilities		$	17,826			$	1,088			$	18,914