Fair Value of Financial Instruments (Tables)

3 Months Ended

Dec. 31, 2015

Fair Value of Financial Instruments

Summary of change in fair value of liability

As of December 31, 2015, the following table summarizes the change in fair value of our Level 3 DTECH contingent consideration liability (in thousands):

Balance as of September 30, 2015	$	7,507
Cash paid to seller	(5,000		)
Total remeasurement recognized in earnings	809
Balance as of December 31, 2015	$	3,316

Summary of assets and liabilities measured and recorded at fair value on Balance Sheet on a recurring basis

The following table presents assets and liabilities measured and recorded at fair value on our balance sheets on a recurring basis (in thousands):

	December 31, 2015
	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	65,035	$	—	$	—	$	65,035
Marketable securities	—		23,612		—		23,612
Current derivative assets	—		18,966		—		18,966
Noncurrent derivative assets	—		3,324		—		3,324
Marketable securities in rabbi trust	803		—		—		803
Total assets measured at fair value	$	65,838	$	45,902	$	—	$	111,740
Liabilities
Current derivative liabilities	$	—	$	18,432	$	—	$	18,432
Noncurrent derivative liabilities	—		3,355		—		3,355
Noncurrent contingent consideration to seller of Teralogics - contract extensions	—		—		1,800		1,800
Noncurrent contingent consideration to seller of Teralogics - revenue targets	—		—		3,100		3,100
Noncurrent contingent consideration to seller of H4 Global	—		—		1,568		1,568
Current contingent consideration to seller of DTECH	—		—		2,371		2,371
Noncurrent contingent consideration to seller of DTECH	—		—		945		945
Total liabilities measured at fair value	$	—	$	21,787	$	9,784	$	31,571

	September 30, 2015
	Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	68,194	$	—	$	—	$	68,194
Marketable securities	—		30,533		—		30,533
Current derivative assets	—		11,543		—		11,543
Noncurrent derivative assets	—		13,909		—		13,909
Marketable securities in rabbi trust	992		—		—		992
Total assets measured at fair value	$	69,186	$	55,985	$	—	$	125,171
Liabilities
Current derivative liabilities	$	—	$	9,370	$	—	$	9,370
Noncurrent derivative liabilities	—		13,909		—		13,909
Current contingent consideration to seller of DTECH	—		—		5,000		5,000
Noncurrent contingent consideration to seller of DTECH	—		—		2,507		2,507
Total liabilities measured at fair value	$	—	$	23,279	$	7,507	$	30,786

Schedule of estimated fair value and carrying value of our long-term debt

The following table presents the estimated fair value and carrying value of our long-term debt (in millions):

	December 31,		September 30,
	2015		2015
Fair value	$	122.4	$	125.8
Carrying value	$	126.5	$	126.7