Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.2
Leases (Tables)
 9 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Right of Use Assets and Lease Liabilities
The following table details our right of use assets and lease liabilities as of June 30, 2023 and September 30, 2022 (in $000's):
June 30, 2023 September 30, 2022
Right of use asset - operating leases $ 45,321  $ 33,659 
Lease liabilities:
Current - operating 10,582  7,851 
Current - finance 355  217 
Long term - operating 39,588  30,382 
Long term - finance 20,004  19,568 
The Company records finance lease right of use assets as property and equipment. The balance, as of June 30, 2023 and September 30, 2022 is as follows (in $000’s):
Property and equipment, at cost $ 16,471  $ 16,029 
Accumulated depreciation $ (514) $ (130)
Property and equipment, net $ 15,957  $ 15,899 
Schedule of Assets and Libilities, Lessee
The Company records finance lease right of use assets as property and equipment. The balance, as of June 30, 2023 and September 30, 2022 is as follows (in $000’s):
Property and equipment, at cost $ 16,471  $ 16,029 
Accumulated depreciation $ (514) $ (130)
Property and equipment, net $ 15,957  $ 15,899 
Schedule of Present Value of Future Lease Payments
Total present value of future lease payments of operating leases as of June 30, 2023 (in $000's):
Twelve months ended June 30,
2023 $ 13,855 
2024 11,515 
2025 9,655 
2026 7,525 
2027 4,987 
Thereafter 15,462 
Total 62,999 
Less implied interest (12,829)
Present value of payments $ 50,170 
Total present value of future lease payments of finance leases as of June 30, 2023 (in $000's):
Twelve months ended June 30,
2023 $ 2,175 
2024 2,222 
2025 2,223 
2026 2,268 
2027 2,345 
Thereafter 72,260 
Total 83,493 
Less implied interest (63,134)
Present value of payments $ 20,359