Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.24.3
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Fair Value of Assets and Liabilities Measured on a Recurring Basis
As of September 30, 2024 and 2023, the fair values of the Company's assets and liabilities measured on a recurring basis were categorized as follows:
  September 30, 2024
  Level 1 Level 2 Level 3 Total
Assets:
Equity and fixed income mutual funds $ —  $ 839  $ —  $ 839 
Life insurance policies —  5,493  —  5,493 
Total assets at fair value $ —  $ 6,332  $ —  $ 6,332 
Liabilities:        
   Derivatives (1) (2)
$ —  $ 69,573  $ —  $ 69,573 
Total liabilities at fair value $ —  $ 69,573  $ —  $ 69,573 

  September 30, 2023
  Level 1 Level 2 Level 3 Total
Assets:
Derivatives (1)
 $ —  $ 4,006  $ —  $ 4,006 
Equity and fixed income mutual funds —  699  —  699 
Life insurance policies —  4,926  —  4,926 
Total assets at fair value $ —  $ 9,631  $ —  $ 9,631 
Liabilities:        
   Derivatives (1)
$ —  $ 2,766  $ —  $ 2,766 
Total liabilities at fair value $ —  $ 2,766  $ —  $ 2,766 
(1) Interest rate swaps and cross currency swaps are valued based on observable market swap rates and are classified within Level 2 of the fair value hierarchy.
(2) Fiscal 2024 derivative amount includes $58,432 of partial advance payments received from the counterparties to certain cross-currency swaps. See Note 12, "Derivatives and Hedging Activities" for further details.