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Fair Value of Financial Instruments (Tables)
12 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Carrying Values and the Estimated Fair Values of the Debt Financial Instruments The carrying values and the estimated fair values of the debt financial instruments (Level 2 measurements) consisted of the following (in thousands):

 

 

 

As of September 30,

 

 

 

2022

 

 

2021

 

 

 

Principle Outstanding

 

 

Estimated

Fair Value

 

 

Principle Outstanding

 

 

Estimated

Fair Value

 

2022 Term Loan Agreement due April 28, 2029

 

$

600,000

 

 

$

586,500

 

 

$

 

 

$

 

Term Loan Agreement due May 5, 2024

 

 

 

 

 

 

 

 

467,654

 

 

 

467,420

 

 

Summary of Aggregate Fair Value of the Contingent Consideration and Compensation Expense

The following table provides a roll-forward of the aggregate fair value of the contingent consideration and compensation expense categorized as Level 3 (in thousands).

 

 

 

Year Ended September 30,

 

 

 

2020

 

Beginning balance

 

$

1,303

 

Change in fair value of contingent consideration

 

 

 

Less contingent payments

 

 

(1,675

)

Compensation expense recognized

 

 

372

 

Ending balance

 

$