| Schedule of Fair Value of Assets and Liabilities |
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| Table 9.1: Fair Value Measurements |
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As of September 30, 2024 |
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Level 1 |
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Level 2 |
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Level 3 |
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Balance |
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(in thousands) |
| Assets: |
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| Deferred compensation assets - Rabbi Trust |
$ |
34,692 |
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$ |
— |
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$ |
— |
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$ |
34,692 |
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Interest rate swaps - $300 million notional value |
— |
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|
12,573 |
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— |
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|
12,573 |
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| Total assets |
$ |
34,692 |
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$ |
12,573 |
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|
$ |
— |
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|
$ |
47,265 |
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| Liabilities: |
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Interest rate swaps - $350 million notional value |
$ |
— |
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$ |
3,394 |
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$ |
— |
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$ |
3,394 |
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| Total liabilities |
— |
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$ |
3,394 |
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$ |
— |
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$ |
3,394 |
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The following table presents a reconciliation of the contingent consideration, which is measured and recorded at fair value on a recurring basis using Level 3 inputs:
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| Table 9.3: Fair Value Measurement Using Significant Unobservable Inputs (Level 3) |
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Contingent Consideration |
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(in thousands) |
| Balance as of September 30, 2023 |
$ |
9,903 |
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Adjustments to fair value recorded in the current year |
985 |
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| Cash payments |
(10,977) |
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| Foreign currency translation |
89 |
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| Closing contingent consideration as of September 30, 2024 |
$ |
— |
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| Schedule of Changes in Accumulated Other Comprehensive Loss |
The following table shows changes in accumulated other comprehensive loss. Amounts reclassified from other comprehensive income were recorded within our selling, general, and administrative expenses (for foreign currency translation adjustments) and within interest expense (for gains on derivatives).
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| Table 9.2: Details of Changes in Accumulated Other Comprehensive Loss by Category |
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Foreign currency translation adjustment |
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Net unrealized gain on derivatives, net of tax |
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Total |
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(in thousands) |
| Balance as of September 30, 2021 |
$ |
(39,605) |
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$ |
(303) |
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$ |
(39,908) |
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| Other comprehensive income/(loss) before reclassifications |
(17,504) |
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23,004 |
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|
5,500 |
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| Amounts reclassified from accumulated other comprehensive income/(loss) |
— |
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|
447 |
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|
447 |
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| Net current period other comprehensive income/(loss) |
(17,504) |
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23,451 |
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5,947 |
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| Balance as of September 30, 2022 |
(57,109) |
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23,148 |
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(33,961) |
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| Other comprehensive income/(loss) before reclassifications |
6,509 |
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8,558 |
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15,067 |
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| Amounts reclassified from accumulated other comprehensive income/(loss) |
116 |
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(8,837) |
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(8,721) |
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| Net current period other comprehensive income/(loss) |
6,625 |
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(279) |
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6,346 |
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| Balance as of September 30, 2023 |
(50,484) |
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22,869 |
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(27,615) |
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| Other comprehensive income before reclassifications |
11,126 |
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(3,681) |
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7,445 |
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| Amounts reclassified from accumulated other comprehensive loss |
133 |
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(12,423) |
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(12,290) |
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| Net current period other comprehensive losses |
11,259 |
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(16,104) |
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(4,845) |
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| Balance as of September 30, 2024 |
$ |
(39,225) |
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$ |
6,765 |
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$ |
(32,460) |
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