Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities

Tabular disclosure of fair values of derivative instruments

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Company’s consolidated balance sheets as of March 31, 2015 and September 30, 2014 (in thousands):

	Asset Derivatives					Liability Derivatives
	Classification	March 31, 2015		September 30, 2014		Classification	March 31, 2015		September 30, 2014
Derivatives designated as hedging instruments:
None
Derivatives not designated as hedging instruments:
Foreign exchange contracts	Other current assets	$	2,334	$	511	Accrued liabilities	$	103	$	47
		$	2,334	$	511		$	103	$	47

Tabular disclosure of the effect of derivative instruments on the statement of earnings

The table below presents the effect of the Company’s derivative financial instruments on the Company’s consolidated statements of earnings for the three months ended March 31, 2015 and 2014 (in thousands):

Derivatives Designated as Hedging Instruments	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion), net of tax	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
None

	Classification of Gain or	Amount of Gain or (Loss) Recognized in Income on Derivatives
Derivatives Not Designated as	(Loss) Recognized into	Three Months Ended March 31,
Hedging Instruments	Income	2015		2014
Foreign exchange contracts	Selling, general and administrative expenses	$	3,447	$	(438	)

The table below presents the effect of the Company’s derivative financial instruments on the Company’s consolidated statements of earnings for the six months ended March 31, 2015 and 2014 (in thousands):

Derivatives Designated as Hedging Instruments	Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion), net of tax	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
None

	Classification of Gain or	Amount of Gain or (Loss) Recognized in Income on Derivatives
Derivatives Not Designated as	(Loss) Recognized into	Six Months Ended March 31,
Hedging Instruments	Income	2015		2014
Foreign exchange contracts	Selling, general and administrative expenses	$	4,952	$	(1,296	)