Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss) (Tables)

v3.25.0.1
Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Dec. 31, 2024
Other Comprehensive Income (Loss), Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Amounts in accumulated other comprehensive income (loss) (“AOCI”), net of tax, at December 31, 2024 and September 30, 2024, were as follows (in thousands):

AOCI December 31, 2024 (unaudited) September 30, 2024
Interest rate swap contract, net of blend and extend arrangement $ 13,704  $ 9,852 
Unrealized gain (loss) on available-for-sale securities (387) 34 
Less tax effect of other comprehensive income (loss) items (3,279) (2,384)
Total 10,038  7,502 
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, 2024 $ 7,502 
Net OCI changes 2,536 
Balance at December 31, 2024 (unaudited) $ 10,038 

AOCI
Balance at September 30, 2023 $ 18,694 
Net OCI changes (6,705)
Balance at December 31, 2023 (unaudited) $ 11,989 
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 December 31,
2024 2023
Interest expense (benefit) $ (2,185) $ (2,638)
Realized loss on restricted investments 19  23 
Expense (benefit) from income taxes 524  649 
Total reclassifications from AOCI to earnings $ (1,642) $ (1,966)