Fair Value of Financial Instruments (Tables)

9 Months Ended

Jun. 30, 2017

Fair Value of Financial Instruments

Summary of change in fair value of contingent consideration liability

As of June 30, 2017, the following table summarizes the change in fair value of our Level 3 contingent consideration liability (in thousands):

		DTECH		H4		TeraLogics (Contract Extensions)		TeraLogics (Revenue Targets)		GATR		Total
Balance as of September 30, 2016	$	2,000	$	567	$	1,400	$	4,100	$	3,200	$	11,267
Cash paid to seller		—		—		—		(2,500)		—		(2,500)
Total remeasurement (gain) loss recognized in earnings		(1,700)		(13)		300		(100)		(3,200)		(4,713)
Balance as of June 30, 2017	$	300	$	554	$	1,700	$	1,500	$	—	$	4,054

Summary of change in fair value of non-marketable and equity security assets

As of June 30, 2017, the following table summarizes the changes in fair value of our Level 3 non-marketable debt and equity security assets (in thousands):

		Total non-marketable debt and equity securities
Balance as of September 30, 2016	$	—
Purchases		2,200
Balance as of June 30, 2017	$	2,200

Summary of assets and liabilities measured and recorded at fair value on Balance Sheet on a recurring basis

The following table presents assets and liabilities measured and recorded at fair value on our balance sheets on a recurring basis (in thousands):

	June 30, 2017								September 30, 2016
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	79	$	—	$	—	$	79	$	57,455	$	—	$	—	$	57,455
Marketable securities		—		13,060		—		13,060		—		12,996		—		12,996
Current derivative assets		—		2,459		—		2,459		—		14,770		—		14,770
Noncurrent derivative assets		—		846		—		846		—		1,201		—		1,201
Marketable securities in rabbi trust		17		—		—		17		4		—		—		4
Non-marketable debt and equity securities		—		—		2,200		2,200		—		—		—		—
Total assets measured at fair value	$	96	$	16,365	$	2,200	$	18,661	$	57,459	$	28,967	$	—	$	86,426
Liabilities
Current derivative liabilities		—		3,096		—		3,096		—		13,752		—		13,752
Noncurrent derivative liabilities		—		846		—		846		—		1,334		—		1,334
Contingent consideration to seller of GATR		—		—		—		—		—		—		3,200		3,200
Contingent consideration to seller of TeraLogics - contract extensions		—		—		1,700		1,700		—		—		1,400		1,400
Contingent consideration to seller of TeraLogics - revenue targets		—		—		1,500		1,500		—		—		4,100		4,100
Contingent consideration to seller of H4 Global		—		—		554		554		—		—		567		567
Contingent consideration to seller of DTECH		—		—		300		300		—		—		2,000		2,000
Total liabilities measured at fair value	$	—	$	3,942	$	4,054	$	7,996	$	—	$	15,086	$	11,267	$	26,353

Schedule of estimated fair value and carrying value of our long-term debt

The following table presents the estimated fair value and carrying value of our long-term debt (in millions):

	June 30,		September 30,
	2017		2016
Fair value	$	204.9	$	210.0
Carrying value	$	200.7	$	201.0