Quarterly report pursuant to Section 13 or 15(d)

Derivatives (Tables)

v3.22.0.1
Derivatives (Tables)
 3 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets at Fair Value
Table 8.1: Details of Derivatives Fair Value
December 31, 2021 September 30, 2021
(in thousands)
Assets:
Interest rate swap $ 3,233  $ — 
Total assets $ 3,233  $ — 
Liabilities:
Interest rate swap $ —  $ 410 
Total liabilities $ —  $ 410 
Schedule of Derivative Liabilities at Fair Value
Table 8.1: Details of Derivatives Fair Value
December 31, 2021 September 30, 2021
(in thousands)
Assets:
Interest rate swap $ 3,233  $ — 
Total assets $ 3,233  $ — 
Liabilities:
Interest rate swap $ —  $ 410 
Total liabilities $ —  $ 410 
Schedule of Losses on Derivatives
Table 8.2: Gains on Derivatives
For the Three Months Ended
December 31, 2021 December 31, 2020
(in thousands)
Net gains recognized in AOCI on derivatives, net of tax (1) $ 2,177  $ — 
Amounts reclassified to earnings from accumulated other comprehensive loss (2) 508  — 
Net current period other comprehensive income $ 2,685  $ — 
(1)Amount is net of tax expense of $0.8 million for the three months ended December 31, 2021.
(2)Amount is net of tax benefit for $0.2 million for the three months ended December 31, 2021.