Derivative Financial Instruments (Tables)

3 Months Ended

Jan. 02, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Outstanding Forward Contracts

As of January 2, 2016 and September 30, 2015, we had outstanding forward contracts with notional amounts equivalent to the following:

Currency Hedged	January 2, 2016		September 30, 2015
	(in thousands)
Canadian / U.S. Dollar	$	16,528	$	17,448
Euro / U.S. Dollar	80,639		82,917
British Pound / Euro	1,855		9,409
Israeli New Sheqel / U.S. Dollar	4,108		4,607
Japanese Yen / Euro	16,564		25,133
Swiss Franc / U.S. Dollar	353		5,149
All other	10,613		12,592
Total	$	130,660	$	157,255

As of January 2, 2016 and September 30, 2015, we had outstanding forward contracts designed as cash flow hedges with notional amounts equivalent to the following:

Currency Hedged	January 2, 2016		September 30, 2015
	(in thousands)
Euro / U.S. Dollar	$	33,815	$	—
Yen / U.S. Dollar	18,018		—
Total	$	51,833	$	—

Net Gains and Losses on Foreign Currency Exposures

The following table shows the effect of our non-designated hedges in the Consolidated Statements of Operations for the three months ended January 2, 2016 and January 3, 2015:

Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized in Income	Net realized and unrealized gain or (loss) (excluding the underlying foreign currency exposure being hedged)
		Three months ended
		January 2, 2016			January 3, 2015
		(in thousands)
Forward Contracts	Other Income (Expense)	$	(1,014	)	$	297

The following table shows the effect of the our derivative instruments designated as cash flow hedges in the Consolidated Statements of Operations for the three months ended January 2, 2016 and January 3, 2015 (in thousands):

Derivatives Designated as Hedging Instruments	Gain or (Loss)Recognized in OCI-Effective Portion				Location of Gain or (Loss) Reclassified from OCI into Income-Effective Portion	Gain or (Loss) Reclassified from OCI into Income-Effective Portion				Location of Gain or (Loss) Recognized-Ineffective Portion	Gain or (Loss) Recognized-Ineffective Portion
	Three months ended					Three months ended					Three months ended
	January 2, 2016		January 3, 2015			January 2, 2016		January 3, 2015			January 2, 2016		January 3, 2015
Forward Contracts	$	1,643	$	—	Software Revenue	$	846	$	—	Other Income (Expense)	$	—	$	—

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table shows our derivative instruments measured at gross fair value as reflected in the Consolidated Balance Sheets:

	Fair Value of Derivatives Designated As Hedging Instruments				Fair Value of Derivatives Not Designated As Hedging Instruments
	January 2, 2016		September 30, 2015		January 2, 2016		September 30, 2015
	(in thousands)				(in thousands)
Derivative assets (a):
Forward Contracts	$	1,260	$	—	$	219	$	507
Derivative liabilities (b):
Forward Contracts	$	—	$	—	$	365	$	46
(a) All derivative assets are recorded in “other current assets” in the Consolidated Balance Sheets.
(b) All derivative liabilities are recorded in "accrued expenses and other current liabilities" in the Consolidated Balance Sheets.

Offsetting Assets

The following table set forth the offsetting of derivative assets as of January 2, 2016:

	Gross Amounts Offset in the Consolidated Balance Sheets						Gross Amounts Not Offset in the Consolidated Balance Sheets
As of January 2, 2016	Gross Amount of Recognized Assets		Gross Amounts Offset in the Consolidated Balance Sheets		Net Amounts of Assets Presented in the Consolidated Balance Sheets		Financial Instruments		Cash Collateral Received		Net Amount
	(in thousands)
Forward Contracts	$	1,479	$	—	$	1,479	$	—	$	—	$	1,479

Offsetting Liabilities

The following table set forth the offsetting of derivative liabilities as of January 2, 2016:

	Gross Amounts Offset in the Consolidated Balance Sheets								Gross Amounts Not Offset in the Consolidated Balance Sheets
As of January 2, 2016	Gross Amount of Recognized Liabilities			Gross Amounts Offset in the Consolidated Balance Sheets		Net Amounts of Liabilities Presented in the Consolidated Balance Sheets			Financial Instruments		Cash Collateral Pledged		Net Amount
	(in thousands)
Forward Contracts	$	(365	)	$	—	$	(365	)	$	—	$	—	$	(365	)