v3.25.1
Fair Value Measurements (Tables)
 6 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value
The following tables summarize the Company’s financial assets and liabilities measured at fair value in the accompanying unaudited condensed consolidated balance sheets as of March 31, 2025 and September 30, 2024:
March 31, 2025
($ in thousands)Level 1Level 2Level 3Total
Assets: 
Investment in Equity Securities$81 $— $— $81 
Derivative and hedging instruments— 1,787 — 1,787 
Liabilities: 
Contingent Consideration— — 9,126 9,126 
Derivative and hedging instruments— 340 — 340 
September 30, 2024
($ in thousands)Level 1Level 2Level 3Total
Assets:    
Investment in Equity Securities$128 $— $— $128 
Derivative and hedging instruments— 1,560 — 1,560 
Liabilities:    
Contingent Consideration— — 15,161 15,161 
Derivative and hedging instruments— 3,626 — 3,626 
Summary of Unrealized Gains (Losses) Recognized Related to Equity Securities
The portion of unrealized losses recognized related to equity securities still held as of March 31, 2025 and 2024 consists of the following:
($ in thousands)Three Months Ended March 31, 2025Three Months Ended March 31, 2024
Net loss recognized during the period on equity securities$53 $23 
Less net loss recognized during the period on equity securities sold during the period— — 
Unrealized loss recognized during the reporting period on equity securities still held at the reporting date$53 $23 
($ in thousands)Six Months Ended March 31, 2025Six Months Ended March 31, 2024
Net loss recognized during the period on equity securities$46 $135 
Less net loss recognized during the period on equity securities sold during the period— — 
Unrealized loss recognized during the reporting period on equity securities still held at the reporting date$46 $135 
Summary of Changes in Fair Value of Contingent Consideration
The following tables set forth the changes in fair value of our contingent consideration for the three and six months ended March 31, 2025:
($ in thousands)Three Months Ended March 31, 2025
Balance as of December 31, 2024$14,947 
Additions from acquisitions— 
Settlement of contingent consideration(5,887)
Change in fair value, including accretion66 
Balance as of March 31, 2025$9,126 
($ in thousands)Six Months Ended March 31, 2025
Balance as of September 30, 2024$15,161 
Additions from acquisitions— 
Settlement of contingent consideration(6,343)
Change in fair value, including accretion308 
Balance as of March 31, 2025$9,126