Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2021

Schedule of financial assets and liabilities and other fair value disclosures by fair value hierarchy

Financial instruments measured on recurring basis

Consistent with the three-level hierarchy defined in ASC Topic 820, Fair Value Measurement, as amended, we categorize our financial assets and liabilities as follows:

(in thousands)	Classification	Fair Value Hierarchy Level	December 31, 2021		September 30, 2021
Financial Assets:
Foreign exchange contracts	Other current assets	Level 2	$	439	$	—
Interest rate caps	Other assets	Level 2		133		35
Total assets			$	572	$	35
.
Financial Liabilities:
Foreign exchange contracts	Accrued liabilities	Level 2	$	51	$	—

Financial instruments not measured at fair value

Carrying amounts and the related estimated fair value of our long-term debt, excluding capital lease obligations and debt issuance costs, are as follows:

		December 31, 2021				September 30, 2021
(in thousands)	Fair Value Hierarchy Level	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt, excluding capital leases
Senior notes	Level 1	$	979,961	$	1,012,310	$	979,961	$	1,019,635
Term loan B	Level 2		411,625		410,700		413,000		411,451
Total long-term debt		$	1,391,586	$	1,423,010	$	1,392,961	$	1,431,086