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Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value
The following tables summarize the Company’s financial assets and liabilities measured at fair value in the accompanying consolidated balance sheets as of September 30:
2024
($ in thousands)Level 1Level 2Level 3Total
Assets:
Investment in equity securities$128 $— $— $128 
Derivative and hedging instruments— 1,560 — 1,560 
Liabilities:
Contingent consideration— — 15,161 15,161 
Derivative and hedging instruments— 3,626 — 3,626 
2023
($ in thousands)Level 1Level 2Level 3Total
Assets:
Investment in equity securities$326 $— $— $326 
Liabilities:
Contingent consideration— — 21,181 21,181 
Summary of Unrealized Gains (Losses) Recognized Related to Equity Securities
The portion of unrealized losses recognized related to equity securities still held as of September 30 consists of the following:
($ in thousands)Year Ended September 30,
2024
Year Ended September 30,
2023
Year Ended September 30,
2022
Net losses recognized during the period on equity securities$198 $446 $1,228 
Less: net losses recognized during the period on equity securities sold during the period— — — 
Unrealized losses recognized during the reporting period on equity securities still held at the reporting date$198 $446 $1,228 
Summary of Changes in Fair Value of Contingent Consideration
The following table sets forth the changes in fair value of our contingent consideration for the fiscal years ended September 30, 2024 and 2023:
($ in thousands)Contingent Consideration
Balance as of September 30, 2022$37,402 
Additions from acquisitions2,550 
Settlement of contingent consideration(17,167)
Change in fair value, including accretion(1,604)
Balance as of September 30, 202321,181 
Additions from acquisitions— 
Settlement of contingent consideration(10,268)
Change in fair value, including accretion4,248 
Balance as of September 30, 2024$15,161