FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Sep. 30, 2020

Fair value measurements on a recurring basis

The following table presents financial instruments, other than debt, that we measured at fair value on a recurring basis at September 30, 2020 and 2019. See Note 13 of this Annual Report on Form 10-K for a discussion of our debt. In instances where the inputs used to measure the fair value of an asset fall into more than one level of the hierarchy, we have classified them based on the lowest level input that is significant to the determination of the fair value.


September 30, 2020	Level 1		Level 2		Level 3		Total Fair Value
Assets:
Cash and cash equivalents	$	257,354	$	—	$	—	$	257,354
Other long-term investments	1,214		—		—		1,214
Derivative financial instruments	—		27		—		27


Liabilities:
Derivative financial instruments	$	—	$	38,157	$	—	$	38,157


September 30, 2019	Level 1		Level 2		Level 3		Total Fair Value
Assets:
Cash and cash equivalents	$	188,495	$	—	$	—	$	188,495
Other long-term investments	980		—		—		980


Liabilities:
Derivative financial instruments	$	—	$	24,244	$	—	$	24,244

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details