v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net (loss) $ (13.5) $ (4.0)
Adjustments to reconcile net (loss) to net cash provided by operating activities:    
Depreciation 90.3 62.3
Amortization of intangible assets 11.5 15.2
Amortization of financing costs and original issue discount 1.5 1.3
Loss on debt extinguishment 0.0 0.7 [1]
Deferred taxes (6.0) (3.8)
Equity-based compensation 8.5 9.1
Realized gain on hedges (1.1) (2.8)
Gain on disposal of property and equipment (5.2) (5.1)
Other non-cash activities 0.8 8.3
Change in operating assets and liabilities:    
Accounts receivable (39.8) 11.8
Unbilled and deferred revenue 46.3 75.9
Other operating assets (4.8) (3.2)
Accounts payable and other operating liabilities (6.2) (14.0)
Net cash provided by operating activities 82.3 151.7
Cash flows from investing activities:    
Purchase of property and equipment (113.5) (92.3)
Proceeds from sale of property and equipment 6.7 7.6
Other investing activities 0.0 1.3
Net cash (used) by investing activities (106.8) (83.4)
Cash flows from financing activities:    
Repayments of finance lease obligations (27.8) (21.1)
Repayments of receivables financing agreement (13.0) (16.0)
Proceeds from receivables financing agreement, net of issuance costs 45.1 11.6
Debt issuance and prepayment costs 0.0 (1.3)
Series A preferred stock dividend (18.1) (18.0)
Proceeds from issuance of common stock, net of share issuance costs 0.5 1.8
Repurchase of common stock and distributions (33.2) (6.8)
Contingent business acquisition payments 0.0 (0.5)
Increase (decrease) in book overdrafts 6.5 (17.2)
Other financing activities 0.1 0.1
Net cash (used) by financing activities (39.9) (67.4)
Net change in cash and cash equivalents (64.4) 0.9
Cash and cash equivalents, beginning of period 74.5 140.4
Cash and cash equivalents, end of period 10.1 141.3
Supplemental Cash Flow Information:    
Cash paid for income taxes, net 0.9 1.2
Cash paid for interest 29.4 29.8
Accrual for property and equipment $ 3.6 $ 25.8
[1] Represents losses on the extinguishment of debt related to Amendment No. 9 to the Credit Agreement, in the fiscal year ended September 30, 2025 and includes accelerated amortization of deferred financing fees and original issue discount as well as fees paid to lenders and third parties.