Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities

Schedule of notional principal amounts of the outstanding derivative instruments and credit risk

The following table shows the notional principal amounts of our outstanding derivative instruments as of March 31, 2013 and September 30, 2012 (in thousands):

	Notional Principal
	March 31, 2013		September 30, 2012
Instruments designated as accounting hedges:
Foreign currency forwards	$	380,823	$	382,500
Forward starting swap	58,415		58,415
Instruments not designated as accounting hedges:
Foreign currency forwards	7,430		5,945

Schedule of fair value of derivative financial instruments

The table below presents the fair value of our derivative financial instruments that qualify for hedge accounting as well as their classification in the Condensed Consolidated Balance Sheets as of March 31, 2013 and September 30, 2012 (in thousands):

		Fair Value
	Balance Sheet Location	March 31, 2013		September 30, 2012
Asset derivatives:
Foreign currency forwards	Other current assets	$	2,827	$	3,779
Foreign currency forwards	Other noncurrent assets	5,303		3,713
		$	8,130	$	7,492
Liability derivatives:
Foreign currency forwards	Other current liabilities	$	6,809	$	6,839
Foreign currency forwards	Other noncurrent liabilities	7,006		6,407
Forward starting swap	Other noncurrent liabilities	164		91
Total		$	13,979	$	13,337

Schedule of gains and losses recognized in other comprehensive income (OCI) on derivative financial instruments designated as cash flow hedges

The tables below present gains and losses recognized in other comprehensive income (OCI) for the three and six months ended March 31, 2013 and 2012 related to derivative financial instruments designated as cash flow hedges, as well as the amount of gains and losses reclassified into earnings during those periods (in thousands):

	Six Months Ended
	March 31, 2013						March 31, 2012
Derivative Type	Gains (losses) recognized in OCI			Gains (losses) reclassified into earnings - Effective Portion			Gains (losses) recognized in OCI			Gains (losses) reclassified into earnings - Effective Portion
Foreign currency forwards	$	(1,892	)	$	(2,052	)	$	(5,572	)	$	(8,846	)
Forward starting swap	(164		)	—			—			—

	Three Months Ended
	March 31, 2013					March 31, 2012
Derivative Type	Gains (losses) recognized in OCI			Gains (losses) reclassified into earnings - Effective Portion		Gains (losses) recognized in OCI			Gains (losses) reclassified into earnings - Effective Portion
Foreign currency forwards	$	(1,435	)	$	20	$	(623	)	$	(5,681	)
Forward starting swap	309			—		—			—