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FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Sep. 30, 2014
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENT  
Summary of available-for-sale securities

                                                                                                                                                                                    

 

 

Cost

 

Gross
Unrealized
Gains

 

Gross
Unrealized
Losses

 

Estimated
Fair Value

 

 

 

(in thousands)

 

Equity Securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2014

 

$

64,462 

 

$

157,838 

 

$

 

$

222,300 

 

September 30, 2013

 

$

68,434 

 

$

237,214 

 

$

 

$

305,648 

 

 

Summary of assets measured at fair value on a recurring basis

        The following table summarizes our assets measured at fair value on a recurring basis presented in our Consolidated Balance Sheets as of September 30, 2014:

                                                                                                                                                                                    

 

 

Total
Measured
at
Fair Value

 

Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

 

 

(in thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

360,909 

 

$

360,909 

 

$

 

$

 

Investments

 

 

222,300 

 

 

222,300 

 

 

 

 

 

Other current assets

 

 

35,450 

 

 

35,200 

 

 

250 

 

 

 

Other assets

 

 

2,000 

 

 

2,000 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets measured at fair value

 

$

620,659 

 

$

620,409 

 

$

250 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of supplemental fair value information about long-term fixed-rate debt

                                                                                                                                                                                            

 

 

September 30,

 

 

 

2014

 

2013

 

 

 

(in millions)

 

Carrying value of long-term fixed-rate debt

 

$

80.0 

 

$

195.0 

 

Fair value of long-term fixed-rate debt

 

$

84.3 

 

$

205.4