Share-Based Compensation (Tables)

3 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Expense

The following table summarizes the components of share-based compensation expense in the Consolidated Statements of Comprehensive Income (Loss) during the three months ended December 31, 2025 and 2024 (unaudited, in thousands):


	For the Three Months Ended December 31,
	2025		2024
Equity classified awards	$	14,608	$	13,674
Liability classified awards	274		729
Employee stock purchase plan	253		322
Total share-based compensation expense	$	15,135	$	14,725

Schedule of Nonvested Restricted Stock Units Activity

A summary of the changes in the Company’s restricted stock is as follows (in thousands, except share data):


	For the Three Months Ended December 31,
	2025			2024
	Shares		Weighted Average Grant Date Fair Value Per Share	Shares		Weighted Average Grant Date Fair Value Per Share
Unvested shares, beginning balance	478,611		70.36	509,171		31.59
Shares awarded	190,601		113.60	196,793		80.21
Shares vested	(81,785)		115.01	(16,793)		95.90
Shares forfeited	(337)		78.94	(1,635)		30.78
Unvested shares, ending balance	587,090		78.17	687,536		29.55

Aggregate grant date fair value of shares awarded	$	21,652		$	15,785
Compensation expense recorded upon vesting of awards	$	12,824		$	3,256
Unrecognized compensation expense at fiscal year-end	$	33,421		$	19,146
Weighted average recognition period remaining, in years	3.7			4.0

Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Expected to Vest

The restricted shares granted under the Equity Incentive Plan will vest, as applicable, as follows:


Fiscal Year						Number of Shares

2026						105,587
2027						90,920
2028						173,332
2029						180,160
2030						37,091
Total						587,090