Fair Value Measurement

12 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurement

(3) Fair Value Measurement

The Company applies the FASB standard “Fair Value Measurements” for all financial assets and liabilities, which establishes a framework for measuring fair value and expands disclosures about fair value measurements. The standard defines fair value as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.” It also establishes a fair value hierarchy consisting of the following three “levels” that prioritize the inputs to the valuation techniques used to measure fair value:

• Level 1 – quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date.

• Level 2 – from other than quoted market prices that are observable for the asset or liability, either directly or indirectly (namely, similar assets or from markets that are not active).

• Level 3 – unobservable and shall be used to measure fair value to the extent that observable inputs are not available (namely, reflecting an entity’s own assumptions).

Based on the standard’s definitions, the following table represents the Company’s financial assets categorized in the level 1 to 3 hierarchy as of September 30, 2013:

	Fair Value Measurements at Reporting Date
	(amounts in thousands)
	Level 1		Level 2		Level 3		Total
Money market fund deposits	$	7,377	$	—	$	—	$	7,377
Mutual fund investments		7		—		—		7
Total	$	7,384	$	—	$	—	$	7,384
Amounts included in:
Cash and cash equivalents	$	7,377	$	—	$	—	$	7,377
Investments in marketable securities		7		—		—		7
Total	$	7,384	$	—	$	—	$	7,384