Maximus, Inc. Quarterly report pursuant to Section 13 or 15(d)

Derivatives (Tables)

6 Months Ended

Mar. 31, 2022


Table 8.1: Details of Derivatives Fair Value
	March 31, 2022		September 30, 2021
	(in thousands)
Assets:
Interest rate swap	$	17,737	$	—
Total assets	$	17,737	$	—
Liabilities:
Interest rate swap	$	—	$	410
Total liabilities	$	—	$	410


Table 8.1: Details of Derivatives Fair Value
	March 31, 2022		September 30, 2021
	(in thousands)
Assets:
Interest rate swap	$	17,737	$	—
Total assets	$	17,737	$	—
Liabilities:
Interest rate swap	$	—	$	410
Total liabilities	$	—	$	410


Table 8.2: Gains on Derivatives
	For the Three Months Ended				For the Six Months Ended
	March 31, 2022		March 31, 2021		March 31, 2022		March 31, 2021
	(in thousands)
Net gains recognized in AOCI on derivatives, net of tax (1)	$	10,225	$	—	$	12,401	$	—
Amounts reclassified to earnings from accumulated other comprehensive loss (2)	464		—		973		—
Net current period other comprehensive income	$	10,689	$	—	$	13,374	$	—

(1)Amount is net of tax expense of $3.7 million and $4.4 million for the three and six months ended March 31, 2022, respectively.

(2)Amount is net of tax benefit of $0.2 million and $0.3 million for the three and six months ended March 31, 2022, respectively.