Annual report pursuant to Section 13 and 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.23.3
Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Sep. 30, 2023
Other Comprehensive Income (Loss), Tax [Abstract]  
Schedule of accumulated other comprehensive income (loss)
Amounts in accumulated other comprehensive income (loss) (“AOCI”), net of tax, are as follows (in thousands):
September 30,
AOCI 2023 2022 2021
Interest rate swap contract, net of blend and extend arrangement 25,533  23,761  (31)
Unrealized loss on available-for-sale securities (848) (566) — 
Less tax effect of other comprehensive income (loss) items (5,991) (5,575) 8 
Total $ 18,694  $ 17,620  $ (23)
Schedule of cash flow hedges included in accumulated other comprehensive income (loss)
Changes in AOCI, net of tax, are as follows (in thousands):
AOCI
Balance at September 30, 2021 (23)
Net OCI changes 17,643 
Balance at September 30, 2022 17,620 
Net OCI changes 1,074 
Balance at September 30, 2023 $ 18,694 
Amounts reclassified from AOCI to earnings
Amounts reclassified from AOCI to earnings, are as follows (in thousands):
2023 2022 2021
Interest expense (benefit) $ (8,297) $ 468  $ 224 
Benefit from income taxes 2,004  (108) (56)
Total reclassifications from AOCI to earnings $ (6,293) $ 360  $ 168