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Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents the Company’s financial assets and liabilities at fair value. The fair values related to the pension assets are determined using net asset value (“NAV”) as a practical expedient, or by information categorized in the fair value hierarchy level based on the inputs used to determine fair value. The reported carrying amounts of deferred compensation assets and liabilities and debt approximate their fair values. The Company uses interest rates and other relevant information generated by market transactions involving similar instruments to fair value these assets and liabilities, therefore all are classified as Level 2 within the valuation hierarchy. For the years ended September 30, 2019 and 2018, there were no transfers between Level 1 and 2 of the fair value hierarchy.
 
Net Asset Value
 
Quoted Market
Prices in Active
Markets (Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
As of September 30, 2019
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Pension plan
 
 
 
 
 
 
 
Cash
$
—

 
$
14,607

 
$
—

 
$
—

Government Securities
4,703

 
—

 
—

 
—

Liability Driven Investment
3,261

 
—

 
—

 
—

Guernsey Unit Trust
997

 
—

 
—

 
—

Global Absolute Return
1,957

 
—

 
—

 
—

Deferred compensation plan assets
 
 

 

 

Trust Assets
—

 
16

 
—

 
—

Insurance
—

 
—

 
18,684

 
—

Interest rate cap
—

 
—

 
19

 
—

Foreign currency forward contracts
—

 
—

 
278

 
—

Liabilities:
 
 
 
 
 
 
 
Pension plan
—

 
—

 
(42,948
)
 
—

Deferred compensation plan liabilities
—

 
—

 
(21,318
)
 
—

Long‑term debt
—

 
—

 
(979,357
)
 
—

Foreign currency forward contracts
—

 
—

 
(154
)
 
—

Earn-outs related to acquisitions
—

 
—

 
—

 
(1,545
)
 
 
 
 
 
 
 
 
As of September 30, 2018
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Pension plan
 
 
 
 
 
 
 
Cash
$
—

 
$
15,821

 
$
—

 
$
—

Government Securities
3,161

 
—

 
—

 
—

Liability Driven Investment
2,598

 
—

 
—

 
—

Guernsey Unit Trust
965

 
—

 
—

 
—

Global Absolute Return
2,038

 
—

 
—

 
—

Deferred compensation plan assets
 
 
 
 
 
 
 
Trust Assets
—

 
648

 
—

 
—

Insurance
—

 
—

 
18,448

 
—

Foreign currency forward contracts
—

 
—

 
345

 
—

Liabilities:
 
 
 
 
 
 
 
Pension plan
—

 
—

 
(35,541
)
 
—

Deferred compensation plan liabilities
—

 
—

 
(21,834
)
 
—

Long‑term debt
—

 
—

 
(957,441
)
 
—

Foreign currency forward contracts
—

 
—

 
(67
)
 
—

Earn-outs related to acquisitions
—

 
—

 
—

 
(1,916
)
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
A rollforward of the activity in the Company’s fair value of earn-outs related to acquisitions is as follows:
 
Current Portion (1)
 
Long-term Portion (2)
 
Total
Balance at September 30, 2017
$
4,304

 
$
1,691

 
$
5,995

Acquisitions
634

 
934

 
1,568

Payments
(8,111
)
 
—

 
(8,111
)
Reclassifications
1,479

 
(1,479
)
 
—

Fair value increase
2,619

 
—

 
2,619

Foreign currency
(155
)
 
—

 
(155
)
Balance at September 30, 2018
770

 
1,146

 
1,916

Payments
(1,650
)
 
—

 
(1,650
)
Reclassifications
212

 
(212
)
 
—

Fair value increase
1,283

 
—

 
1,283

Foreign currency
(4
)
 
—

 
(4
)
Balance at September 30, 2019
$
611

 
$
934

 
$
1,545

(1)
Included in Accrued expenses and other liabilities on the Consolidated Balance Sheets.
(2)
Included in Other non‑current liabilities on the Consolidated Balance Sheets.