Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.4
Leases (Tables)
 3 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Lease Costs Costs recorded in the three months ended December 31, 2020 and 2019, are summarized below.
Three Months Ended December 31,
(in thousands) 2020 2019
Operating lease cost $ 27,734  $ 25,250 
Short-term lease cost 1,889  2,110 
Variable lease cost 3,015  3,334 
Total operating lease costs $ 32,638  $ 30,694 
Other information related to leases was as follows:
December 31, 2020
Weighted average remaining lease term (in years) 2.8
Weighted average incremental borrowing rate 3.81  %

Supplemental cash flow information related to leases was as follows:
Three Months Ended December 31,
(in thousands) 2020 2019
Cash payments included in the measurement of lease liabilities $ 28,513  $ 28,100 
Operating lease liabilities arising from new or remeasured right-of-use assets 9,004  17,300 
Future Minimum Lease Payments
Future minimum lease payments for noncancelable operating leases as of December 31, 2020, are shown below.
(in thousands) Office space Equipment Total
For the years ended September 30
Remainder of 2021 $ 52,375  $ 6,661  $ 59,036 
2022 56,388  3,701  60,089 
2023 31,731  537  32,268 
2024 14,715  54  14,769 
2025 9,788  9  9,797 
Thereafter 2,219  —  2,219 
Total minimum lease payments $ 167,216  $ 10,962  $ 178,178 
Less: imputed interest (9,748) (270) (10,018)
Total lease liabilities $ 157,468  $ 10,692  $ 168,160