v3.25.2
Leases (Tables)
 9 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lessee Assets and Liabilities
The table below presents balances of our lease assets and liabilities and their balance sheet locations for both operating and financing leases:
(in thousands)Balance Sheet LocationJune 30, 2025June 30, 2024
September 30,
2024
Lease assets:
Operating lease right-of-use assetsRight-of-use assets, net$236,064 $235,030 $226,602 
Financing lease assetsOther assets, net1,210 1,832 1,559 
Total lease assets$237,274 $236,862 $228,161 
Lease liabilities:
Current:
Operating lease liabilitiesOperating lease liabilities, current$60,183 $58,905 $58,998 
Financing lease liabilitiesAccounts payable, accrued expenses and other current liabilities657 596 570 
Total current lease liabilities$60,840 $59,501 $59,568 
Non-current:
Operating lease liabilitiesOperating lease liabilities$184,295 $188,996 $180,616 
Financing lease liabilitiesOther long-term liabilities695 1,352 1,110 
Total non-current lease liabilities$184,990 $190,348 $181,726 
Total lease liabilities$245,830 $249,849 $241,294 
Schedule of Lease Cost
The table below provides major components of our lease costs:
Three Months Ended
June 30,
Nine Months Ended
June 30,
(in thousands)2025202420252024
Operating lease cost:
Operating lease cost*$19,742 $20,406 $57,955 $59,312 
Variable lease cost5,770 4,318 14,822 13,176 
Total operating lease cost$25,512 $24,724 $72,777 $72,488 
Financing lease cost:
Amortization of financing lease assets$153 $140 $435 $455 
Interest on financing lease liabilities40 49 125 177 
Total financing lease cost$193 $189 $560 $632 
Total lease cost$25,705 $24,913 $73,337 $73,120 

*Includes a reduction for sublease rental income of $0.7 million and $0.7 million for both the three months ended June 30, 2025 and 2024, respectively, and $2.0 million and $2.4 million for the nine months ended June 30, 2025 and 2024 respectively.
The weighted-average term and discount rates for leases are as follows:
Nine Months Ended
June 30,
20252024
Weighted-average remaining lease term (years):
Operating leases5.004.88
Financing leases2.083.01
Weighted-average discount rate:
Operating leases8.77 %8.33 %
Financing leases11.14 %11.14 %
Schedule of Operating Lease Maturity

As of June 30, 2025, maturities of lease liabilities under ASC 842 by fiscal year were as follows:
(in thousands)Operating LeasesFinancing Leases
Remaining 2025$19,813 $194 
Fiscal 2026
76,814 771 
Fiscal 2027
62,927 497 
Fiscal 2028
46,718 52 
Fiscal 2029
32,926 6 
Thereafter66,958 — 
Total lease liabilities$306,156 $1,520 
Less: portion representing imputed interest61,678 168 
Total net lease liabilities$244,478 $1,352 
Less: current portion60,183 657 
Total long-term net lease liabilities
$184,295 $695