Fair Value Measurements (Tables)

9 Months Ended

Jun. 30, 2014

Financial Assets and Liabilities Measured at Fair Value

Our financial assets and liabilities measured at fair value as of June 30, 2014, are summarized below:



	Fair Value Measurement Using						Assets/Liabilities at Fair Value
	Level 1		Level 2		Level 3		Assets/Liabilities at Fair Value
Assets:
Cash equivalents ⁽¹⁾:
Money market funds	$	131,010	$	—	$	—	$	131,010
Time deposits	36,650		—		—		36,650
Commercial paper	—		132,419		—		132,419
Total cash equivalents	167,660		132,419		—		300,079
Short-term investments:
Commercial paper	—		242,268		—		242,268
Certificates of deposit	—		63,084		—		63,084
Other fixed income securities	—		35,986		—		35,986
Total short-term investments	—		341,338		—		341,338
Liabilities:
Acquisition-related contingent consideration	$	—	$	—	$	1,000	$	1,000

⁽¹⁾ Included in cash and cash equivalents in the consolidated balance sheets as of June 30, 2014, in addition to $175.0 million of cash.

Our financial assets and liabilities measured at fair value as of September 30, 2013, are summarized below:



	Fair Value Measurement Using						Assets/Liabilities at Fair Value
	Level 1		Level 2		Level 3		Assets/Liabilities at Fair Value
Assets:
Cash equivalents ⁽¹⁾:
Money market funds	$	9,095	$	—	$	—	$	9,095
Time deposits	41,647		—		—		41,647
Commercial paper	—		146,424		—		146,424
Total cash equivalents	50,742		146,424		—		197,166
Short-term investments:
Commercial paper	—		385,223		—		385,223
Certificates of deposit	—		96,833		—		96,833
Other fixed income securities	—		49,009		—		49,009
Total short-term investments	—		531,065		—		531,065
Liabilities:
Acquisition-related contingent consideration	$	—	$	—	$	3,182	$	3,182

⁽¹⁾ Included in cash and cash equivalents in the consolidated balance sheets as of September 30, 2013, in addition to $104.5 million of cash.

Reconciliation for Liabilities Measured at Fair Value

The following table presents a reconciliation of the contingent consideration measured at fair value using significant unobservable inputs (Level 3) as of June 30, 2014:



Balance as of September 30, 2013	$	3,182
Total losses (gains):
Recorded as revaluation of contingent consideration	(2,270		)
Foreign currency translation	88
Balance as of June 30, 2014	$	1,000

The following table presents a reconciliation of the contingent consideration measured at fair value using significant unobservable inputs (Level 3) as of June 30, 2013:



Balance as of September 30, 2012	$	22,692
Contingent consideration issued at business combination	3,049
Total gains:
Recorded as revaluation of contingent consideration	(3,977		)
Recorded as compensation expense	(2,945		)
Balance as of June 30, 2013	$	18,819

Other Fair Value Disclosures

The following table presents the carrying value and fair values of the 2015 Notes and 2018 Notes as of the dates specified below:



	June 30, 2014				September 30, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
2015 Notes	$	275,868	$	521,453	$	265,426	$	610,219
2018 Notes	397,144		544,956		381,807		590,777

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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