Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

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Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income
Amounts in accumulated other comprehensive income (“AOCI”), net of tax, at June 30, 2024 and September 30, 2023, were as follows (in thousands):
AOCI June 30, 2024 (unaudited) September 30, 2023
Interest rate swap contract, net of blend and extend arrangement $ 18,763  $ 25,533 
Unrealized loss on available-for-sale securities (495) (847)
Less tax effect of other comprehensive income (loss) items (4,461) (5,992)
Total $ 13,807  $ 18,694 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income
Changes in AOCI, net of tax, are as follows (in thousands):
AOCI Interest Rate Hedge
Balance at September 30, 2023 $ 18,694 
Net OCI changes (4,887)
Balance at June 30, 2024 (unaudited) $ 13,807 
AOCI Interest Rate Hedge
Balance at September 30, 2022 $ 17,620 
Net OCI changes (637)
Balance at June 30, 2023 (unaudited) $ 16,983 
Schedule of Reclassification out of Accumulated Other Comprehensive Income
Amounts reclassified from AOCI to earnings are as follows (unaudited, in thousands):
For the Three Months Ended June 30,
2024 2023
Interest expense (benefit) $ (2,635) $ (2,377)
Realized loss on restricted investments 4  6 
Benefit from income taxes 654  612 
Total reclassifications from AOCI to earnings $ (1,977) $ (1,759)
For the Nine Months Ended June 30,
2024 2023
Interest expense (benefit) $ (7,919) $ (5,719)
Realized loss on restricted investments 53  10 
Benefit from income taxes 1,953  1,473 
Total reclassifications from AOCI to earnings $ (5,913) $ (4,236)