Fair Value Measures (Tables)

9 Months Ended

Jun. 30, 2020

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis at June 30, 2020 and September 30, 2019 consisted of the following (dollars in thousands):



	June 30, 2020
	Level 1		Level 2			Level 3			Total
Assets:
Money market funds ^(a)	$	98,218	$	—		$	—		$	98,218
Time deposits^(b)	—		100,470			—			100,470
Commercial paper, $15,128 at cost ^(b)	—		15,168			—			15,168
Corporate notes and bonds, $15,460 at cost ^(b)	—		15,507			—			15,507
Foreign currency exchange contracts ^(b)	—		122			—			122
Total assets at fair value	$	98,218	$	131,267		$	—		$	229,485
Liabilities:
Foreign currency exchange contracts ^(b)	$	—	(247		)	$	—		$	(247	)
Contingent acquisition payments ^(c)	—		—			(2,506		)	(2,506		)
Total liabilities at fair value	$	—	$	(247	)	$	(2,506	)	$	(2,753	)



	September 30, 2019
	Level 1		Level 2			Level 3			Total
Assets:
Money market funds ^(a)	$	217,861	$	—		$	—		$	217,861
Time deposits ^(b)	—		115,913			—			115,913
Commercial paper, $77,089 at cost ^(b)	—		77,494			—			77,494
Corporate notes and bonds, $37,504 at cost ^(b)	—		37,566			—			37,566
Foreign currency exchange contracts ^(b)	—		597			—			597
Total assets at fair value	$	217,861	$	231,570		$	—		$	449,431
Liabilities:
Foreign currency exchange contracts ^(b)	$	—	$	(327	)	$	—		$	(327	)
Contingent acquisition payments ^(c)	—		—			(2,925		)	(2,925		)
Total liabilities at fair value	$	—	$	(327	)	$	(2,925	)	$	(3,252	)

Changes in Fair Value of Contingent Earn-Out Liabilities

The following table provides a summary of changes in the aggregate fair value of the contingent acquisition payments for all periods presented (dollars in thousands):



	Three Months Ended June 30,					Nine Months Ended June 30,
	2020		2019			2020			2019
Balance at beginning of period	$	2,493	$	1,450		$	2,550		$	4,000
Payments and foreign currency translation	13		—			(44		)	(2,550		)
Adjustments to fair value included in acquisition-related costs, net	—		(561		)	—			(561		)
Balance at end of period	$	2,506	$	889		$	2,506		$	889