| Schedule of Interest Rate Swap Contracts Reflected in Consolidated Balance Sheets |
At December 31, 2025 and September 30, 2025, derivative instruments were reflected on a gross-basis in the Consolidated Balance Sheets as follows:
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| Derivatives: |
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December 31, 2025 |
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September 30, 2025 |
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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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$ |
— |
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$ |
— |
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$ |
15 |
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$ |
— |
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| Long-term assets: |
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| Other non-current assets |
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— |
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— |
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24 |
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— |
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| Current liabilities: |
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| Other current liabilities |
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(1,082) |
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(45,360) |
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(973) |
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(45,914) |
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| Long-term liabilities: |
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| Other non-current liabilities |
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(1,209) |
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(12,075) |
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(1,404) |
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(12,627) |
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Total derivatives(1)
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$ |
(2,291) |
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$ |
(57,435) |
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$ |
(2,338) |
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$ |
(58,541) |
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(1) Cross-currency swap amounts at both December 31, 2025 and September 30, 2025 reflect $40,186 of partial advanced payments received from the counterparties to certain swap contracts (see below).
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| Schedule of Interest Rate Contracts |
The following table presents information related to interest rate swaps entered into by the Company and designated as cash flow hedges:
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December 31, 2025 |
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September 30, 2025 |
| Notional amount |
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$ |
225,000 |
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$ |
225,000 |
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| Weighted-average maturity period (years) |
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2.4 |
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2.7 |
| Weighted-average received rate |
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3.67 |
% |
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4.13 |
% |
| Weighted-average pay rate |
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3.80 |
% |
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3.80 |
% |
Note 9. Derivatives and Hedging Activities (continued)
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Notional Amount |
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Unrealized Gains (Losses)
Recognized in AOCI |
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| Swap Currencies |
Maturity Date |
December 31, 2025 |
September 30, 2025 |
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December 31, 2025 |
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September 30, 2025 |
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| USD/EUR |
September 2027 |
$ |
81,392 |
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$ |
81,392 |
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$ |
(9,045) |
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$ |
(9,443) |
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| USD/SEK |
June 2026 |
20,000 |
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20,000 |
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(2,621) |
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(2,571) |
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| USD/EUR |
August 2026 |
25,000 |
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25,000 |
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(1,246) |
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(1,689) |
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$ |
126,392 |
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$ |
126,392 |
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$ |
(12,912) |
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(1) |
$ |
(13,703) |
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(1) |
(1) Total unrealized gains (losses) are presented net of tax of $4,337 and $4,652 as of December 31, 2025 and September 30, 2025, respectively.
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