Quarterly report [Sections 13 or 15(d)]

Share-Based Compensation (Tables)

v3.25.2
Share-Based Compensation (Tables)
 9 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
The following table summarizes the components of share-based compensation expense included in general and administrative expenses and acquisition-related expenses in the Consolidated Statements of Comprehensive Income during the three and nine months ended June 30, 2025 and 2024 (unaudited, in thousands):
For the Three Months Ended June 30,
2025 2024
Equity classified awards $ 3,904  $ 2,893 
Liability classified awards 4,076  1,092 
Employee stock purchase plan 584  54 
Total share-based compensation expense $ 8,564  $ 4,039 
For the Nine Months Ended June 30,
2025 2024
Equity classified awards $ 20,947  $ 8,232 
Liability classified awards 5,916  1,974 
Employee stock purchase plan 1,098  380 
Total share-based compensation expense $ 27,961  $ 10,586 
Schedule of Nonvested Restricted Stock Units Activity A summary of the changes in the Company’s restricted stock units is as follows (in thousands, except share data):
For the Nine Months Ended June 30,
2025 2024
RSUs Weighted Average Grant Date Fair Value Per RSU RSUs Weighted Average Grant Date Fair Value Per RSU
Unvested shares, beginning balance 509,171 31.59 824,280 28.08
Shares awarded 381,995 78.61 97,811 45.73
Shares vested (59,295) 47.82 (2,500) 27.72
Shares forfeited (20,263) 30.50 (2,758) 30.49
Unvested shares, ending balance 811,608 52.58 916,833 30.26
Aggregate grant date fair value of shares awarded $ 30,027  $ 4,493 
Compensation expense recorded upon vesting of awards $ 8,236  $ 5,821 
Unrecognized compensation expense at fiscal year-end $ 27,638  $ 8,388 
Weighted average recognition period remaining, in years 3.96 2.41
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Expected to Vest
The restricted shares granted under the Equity Incentive Plan will vest, as applicable, as follows:
Fiscal Year Number of Shares
2025 334,363 
2026 81,389 
2027 66,722 
2028 179,134 
2029 150,000 
Total 811,608