Fair Value of Financial Instruments (Tables)

12 Months Ended

Sep. 30, 2017

As of September 30, 2017, the following table summarizes the change in fair value of our Level 3 contingent consideration liability (in thousands):


		DTECH		H4		TeraLogics (Contract Extensions)		TeraLogics (Revenue Targets)		GATR		Deltenna		Total
Balance as of October 1, 2015	$	7,507	$	—	$	—	$	—	$	—	$	—	$	7,507
Initial measurement recognized at acquisition		—		1,602		2,000		3,100		2,500		—		9,202
Cash paid to seller		(5,000)		—		(1,000)		—		—		—		(6,000)
Adjustment to the provisional acquisition date valuation		—		(616)		(100)		—		—		—		(716)
Total remeasurement (gain) loss recognized in earnings		(507)		(419)		500		1,000		700		—		1,274
Balance as of September 30, 2016	$	2,000	$	567	$	1,400	$	4,100	$	3,200	$	—	$	11,267
Initial measurement recognized at acquisition		—		—		—		—		—		1,328		1,328
Cash paid to seller		—		—		(1,000)		(2,500)		—		—		(3,500)
Adjustment to the provisional acquisition date valuation		—		—		—		—		—		—		—
Total remeasurement (gain) loss recognized in earnings		(2,000)		24		400		850		(3,200)		48		(3,878)
Balance as of September 30, 2017	$	—	$	591	$	800	$	2,450	$	—	$	1,376	$	5,217

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


	September 30, 2017								September 30, 2016
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	8,501	$	—	$	—	$	8,501	$	57,455	$	—	$	—	$	57,455
Marketable securities		—		—		—		—		—		12,996		—		12,996
Current derivative assets		—		2,591		—		2,591		—		14,770		—		14,770
Noncurrent derivative assets		—		1,128		—		1,128		—		1,201		—		1,201
Total assets measured at fair value	$	8,501	$	3,719	$	—	$	12,220	$	57,455	$	28,967	$	—	$	86,422
Liabilities
Current derivative liabilities		—		3,456		—		3,456		—		13,752		—		13,752
Noncurrent derivative liabilities		—		1,128		—		1,128		—		1,334		—		1,334
Contingent consideration to seller of Deltenna		—		—		1,376		1,376		—		—		—		—
Contingent consideration to seller of GATR		—		—		—		—		—		—		3,200		3,200
Contingent consideration to seller of TeraLogics - contract extensions		—		—		800		800		—		—		1,400		1,400
Contingent consideration to seller of TeraLogics - revenue targets		—		—		2,450		2,450		—		—		4,100		4,100
Contingent consideration to seller of H4 Global		—		—		591		591		—		—		567		567
Contingent consideration to seller of DTECH		—		—		—		—		—		—		2,000		2,000
Total liabilities measured at fair value	$	—	$	4,584	$	5,217	$	9,801	$	—	$	15,086	$	11,267	$	26,353

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