RENTAL EQUIPMENT, NET (Tables)

9 Months Ended

Jun. 30, 2026

Property, Plant, and Equipment [Abstract]

Rental equipment consists of the following:


(Dollars in thousands)	June 30, 2026		September 30, 2025
Computers and IT networking equipment	$	5,062	$	11,723
Motor vehicles and other	132,623		141,101
Other furniture and equipment	22,281		26,040
Solar panels and equipment	116,678		111,447
Total	276,644		290,311

Accumulated depreciation	(124,736)		(131,530)
Unamortized initial direct costs	543		665
Net book value	$	152,451	$	159,446

Schedule of Future Minimum Rental Payments for Operating Leases

Future minimum lease payments expected to be received for operating leases at June 30, 2026 were as follows:


(Dollars in thousands)
Remaining in 2026	$	8,554
2027	32,724
2028	20,934
2029	13,558
2030	3,992
Thereafter	2,820
Total	$	82,582

Undiscounted future minimum operating lease payments and a reconciliation to the amount recorded as operating lease liabilities at June 30, 2026 were as follows:


(Dollars in thousands)
Remaining in 2026	$	928
2027	3,682
2028	3,653
2029	3,633
2030	3,426
Thereafter	9,879
Total undiscounted future minimum lease payments	25,201
Discount	(2,461)
Total operating lease liabilities	$	22,740