Fair Value Measurements (Tables)

12 Months Ended

Sep. 30, 2014

Fair Value Measurements

Schedule of financial assets and liabilities by fair value hierarchy

Consistent with this hierarchy, the Company categorized certain of its financial assets and liabilities as follows at September 30, 2014 and 2013 (in thousands):

	As of September 30, 2014
	Total		Level 1		Level 2		Level 3
Assets
Cash equivalents(a)	$	27,000	$	27,000	$	—		—
Foreign exchange contracts(b)		511		—		511		—
Total assets	$	27,511	$	27,000	$	511		—
Liabilities
Long-term debt(c)	$	1,874,444	$	1,870,250	$	4,194		—
Foreign exchange contracts(b)		47		—		47		—
Total liabilities	$	1,874,491	$	1,870,250	$	4,241		—

		As of September 30, 2013
		Total		Level 1		Level 2		Level 3
Assets
Foreign exchange contracts(b)		$	152	$	—	$	152		—
Total assets		$	152	$	—	$	152		—
Liabilities
Long-term debt(c)		$	1,753,822	$	1,671,500	$	82,322		—
Foreign exchange contracts(b)			36		—		36		—
Total liabilities		$	1,753,858	$	1,671,500	$	82,358		—
(a)	Cash equivalents, at September 30, 2014, consist of highly liquid investments which have no maturity and are valued using unadjusted quoted market prices for such securities. The Company may from time to time invest in securities with maturities of three months or less (consisting primarily of investment-grade corporate and government bonds), with the primary investment objective of minimizing the potential risk of loss of principal.
(b)	Foreign exchange contracts (including foreign currency forwards and options) are valued for purposes of this disclosure using widely accepted valuation techniques, such as discounted cash flow analyses, and reasonable estimates, such as market foreign currency exchange rates. Please see Note 14 for more information about the Company's foreign exchange contracts.
(c)	Long-term debt (including current maturities and borrowings under the ABL facility, if any) is carried in the Company's consolidated financial statements at amortized cost of $1,811.6 million at September 30, 2014 and $1,690.7 million at September 30, 2013. The Company's senior notes are valued for purposes of this disclosure using unadjusted quoted market prices for such debt securities. Other long-term debt (consisting primarily of borrowings under the ABL facility, if any, and capital lease obligations) is generally valued for purposes of this disclosure using widely accepted valuation techniques, such as discounted cash flow analyses, and observable inputs, such as market interest rates. Please see Note 13 for more information about the Company's debt.