Fair Value Measurements

12 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

14. Fair Value Measurements

Money market funds, time deposits and corporate notes/bonds are classified within Level 1 of the fair value hierarchy because they are valued based on quoted market prices in active markets.

The principal market in which we execute our foreign currency derivatives is the institutional market in an over-the-counter environment with a relatively high level of price transparency. The market participants are generally large financial institutions. Our foreign currency derivatives’ valuation inputs are based on quoted prices and quoted pricing intervals from public data sources and do not involve management judgment. These contracts are typically classified within Level 2 of the fair value hierarchy.

Our significant financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2025 and 2024 were as follows:

(in thousands)	September 30, 2025
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents(1)	$	38,031	$	—	$	—	$	38,031
Forward contracts		—		6,007		—		6,007
Option contracts		—		6,228		—		6,228
	$	38,031	$	12,235	$	—	$	50,266
Financial liabilities:
Forward contracts		—		4,773		—		4,773
	$	—	$	4,773	$	—	$	4,773

(in thousands)	September 30, 2024
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents(1)	$	48,509	$	—	$	—	$	48,509
Forward contracts		—		1,202		—		1,202
	$	48,509	$	1,202	$	—	$	49,711
Financial liabilities:
Forward contracts		—		4,166		—		4,166
	$	—	$	4,166	$	—	$	4,166

(1)Money market funds and time deposits.