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Fair Values (Tables)
12 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities measured at fair value
Financial assets and liabilities measured at fair value as of September 30, 2017 and October 1, 2016 are summarized below (in thousands):
 
 
Aggregate Fair Value
 
Quoted Prices
in Active
Markets for
Identical
Assets
 
Significant
Other
Observable
Inputs
 
Aggregate Fair Value
 
Quoted Prices
in Active
Markets for
Identical
Assets
 
Significant
Other
Observable
Inputs
 
 
Fiscal year-end 2017
 
Fiscal year-end 2016
 
 
 
 
(Level 1)
 
(Level 2)
 
 
 
(Level 1)
 
(Level 2)
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
Money market fund deposits
 
$
61,811

 
$
61,811

 
$

 
$
237,142

 
$
237,142

 
$

U.S. Treasury and agency obligations (2)

 
14,986

 

 
14,986

 

 

 

Commercial paper (2)
 
21,991

 

 
21,991

 

 

 

Short-term investments:
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury and agency obligations (2)
 
21,087

 

 
21,087

 
125

 

 
125

Corporate notes and obligations (2)
 
11,423

 

 
11,423

 

 

 

Commercial paper (2)
 

 

 

 
24,999

 

 
24,999

Equity securities (1)
 

 

 

 
20,482

 
20,482

 

Prepaid and other assets:
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts (3)
 
1,270

 

 
1,270

 
889

 

 
889

Money market fund deposits — Deferred comp and supplemental plan
 
285

 
285

 

 

 

 

Mutual funds — Deferred comp and supplemental plan (4)
 
17,585

 
17,585

 

 
14,399

 
14,399

 

Total
 
$
150,438

 
$
79,681

 
$
70,757

 
$
298,036

 
$
272,023

 
$
26,013

 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Other current liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts (3)
 
(1,475
)
 

 
(1,475
)
 
(3,100
)
 

 
(3,100
)
Total
 
$
148,963

 
$
79,681

 
$
69,282

 
$
294,936

 
$
272,023

 
$
22,913


 ___________________________________________________
(1)
Valuations are based upon quoted market prices.
(2)
Valuations are based upon quoted market prices in active markets involving similar assets. The market inputs used to value these instruments generally consist of market yields, reported trades, broker/dealer quotes or alternative pricing sources with reasonable levels of price transparency. Pricing sources include industry standard data providers, security master files from large financial institutions, and other third party sources which are input into a distribution-curve-based algorithm to determine a daily market value. This creates a “consensus price” or a weighted average price for each security.
(3)
The principal market in which we execute our foreign currency contracts is the institutional market in an over-the-counter environment with a relatively high level of price transparency. The market participants usually are large commercial banks. Our foreign currency contracts’ valuation inputs are based on quoted prices and quoted pricing intervals from public data sources and do not involve management judgment. See Note 6, "Derivative Instruments and Hedging Activities".
(4)
The fair value of mutual funds is determined based on quoted market prices. Securities traded on a national exchange are stated at the last reported sales price on the day of valuation; other securities traded in over-the-counter markets and listed securities for which no sale was reported on that date are stated as the last quoted bid price.