| Schedule of Interest Rate Swap Contracts Reflected in Consolidated Balance Sheets |
At June 30, 2025 and September 30, 2024, derivative instruments were reflected on a gross-basis in the Consolidated Balance Sheets as follows:
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| Derivatives: |
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June 30, 2025 |
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September 30, 2024 |
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Interest Rate Swaps |
Cross-Currency Swaps |
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Interest Rate Swaps |
Cross-Currency Swaps |
| Current assets: |
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| Other current assets |
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$ |
42 |
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$ |
— |
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$ |
— |
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$ |
— |
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| Long-term assets: |
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| Other non-current assets |
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73 |
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— |
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— |
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— |
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| Current liabilities: |
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| Other current liabilities |
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(870) |
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(21,006) |
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(863) |
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(18,042) |
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| Long-term liabilities: |
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| Other non-current liabilities |
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(1,454) |
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(38,711) |
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(1,743) |
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(48,925) |
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Total derivatives(1)
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$ |
(2,209) |
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$ |
(59,717) |
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$ |
(2,606) |
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$ |
(66,967) |
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(1) Cross-currency swap amounts at June 30, 2025 and September 30, 2024 reflect $40,186 and $58,432 of partial advanced payments received from the counterparties to certain swap contracts, respectively (see below).
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| Schedule of Interest Rate Contracts |
The following table presents information related to interest rate swaps entered into by the Company and designated as cash flow hedges:
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June 30, 2025 |
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September 30, 2024 |
| Notional amount |
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$ |
225,000 |
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$ |
175,000 |
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| Weighted-average maturity period (years) |
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2.9 |
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3.2 |
| Weighted-average received rate |
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4.33 |
% |
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4.85 |
% |
| Weighted-average pay rate |
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3.80 |
% |
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3.83 |
% |
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Notional Amount |
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Unrealized Gains (Losses)
Recognized in AOCI |
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| Swap Currencies |
Maturity Date |
June 30, 2025 |
September 30, 2024 |
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June 30, 2025 |
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September 30, 2024 |
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| USD/EUR |
September 2027 |
$ |
81,392 |
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$ |
81,392 |
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$ |
(5,786) |
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$ |
(5,440) |
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| USD/SEK |
June 2026 |
20,000 |
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20,000 |
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(2,683) |
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(468) |
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| USD/SGD |
August 2026 |
— |
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20,000 |
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— |
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(441) |
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| USD/EUR |
August 2026 |
25,000 |
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25,000 |
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(4,878) |
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(30) |
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| USD/CAD |
May 2025 |
— |
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— |
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— |
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— |
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$ |
126,392 |
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$ |
146,392 |
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$ |
(13,347) |
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(1) |
$ |
(6,379) |
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(1) |
(1) Total unrealized gains (losses) are presented net of tax of $4,506 and $2,156 as of June 30, 2025 and September 30, 2024, respectively.
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