v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value

The following tables summarize the Company’s financial assets and liabilities measured at fair value in the accompanying Unaudited Condensed Consolidated Balance Sheets:

 

 

March 31, 2026

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

(Amounts in thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contract

 

$

 

 

$

393

 

 

$

 

 

$

393

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration liabilities

 

$

 

 

$

 

 

$

945

 

 

$

945

 

 

 

 

September 30, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

(Amounts in thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contract

 

$

 

 

$

481

 

 

$

 

 

$

481

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration liabilities

 

$

 

 

$

 

 

$

1,675

 

 

$

1,675

 

Summary of Changes in Fair Value of Contingent Consideration Liabilities Which Reflect Level 3 Inputs

The following table sets forth the changes in fair value of our contingent consideration liabilities, which reflect Level 3 inputs, for the six months ended March 31, 2026 and 2025:

 

 

Contingent Consideration Liabilities

 

 

 

2026

 

 

2025

 

 

 

(Amounts in thousands)

 

Beginning balance - September 30,

 

$

1,675

 

 

$

81,311

 

Additions from business acquisitions

 

 

 

 

 

 

Settlements and other adjustments

 

 

 

 

 

(50,727

)

Change in fair value and net present value of contingency

 

 

(730

)

 

 

(25,711

)

Ending balance - March 31,

 

$

945

 

 

$

4,873

 

Summary of Carrying Value and Fair Value of Mortgage Facilities and Term Loan The following table summarizes the carrying value and fair value of our mortgage facilities and term loan as of March 31, 2026 and September 30, 2025:

 

 

March 31, 2026

 

 

September 30, 2025

 

 

 

Fair Value

 

 

Carrying Value

 

 

Fair Value

 

 

Carrying Value

 

 

 

(Amounts in thousands)

 

Mortgage facility payable to Flagship Bank

 

$

4,676

 

 

$

4,667

 

 

$

4,964

 

 

$

4,915

 

Mortgage facility payable to Seacoast National Bank

 

 

13,131

 

 

 

13,341

 

 

 

14,074

 

 

 

14,020

 

Mortgage facility payable to Hancock Whitney Bank

 

 

18,957

 

 

 

18,496

 

 

 

19,651

 

 

 

19,452

 

Mortgage facility payable to M&T Bank

 

 

34,990

 

 

 

35,170

 

 

 

36,190

 

 

 

36,083

 

Term loan payable to M&T Bank

 

 

298,600

 

 

 

302,500

 

 

 

313,540

 

 

 

317,500