Fair Value of Financial Instruments (Tables)

3 Months Ended

Dec. 31, 2017

As of December 31, 2017, the following table summarizes the change in fair value of our Level 3 contingent consideration liability (in thousands):


		H4		TeraLogics (Contract Extensions)		TeraLogics (Revenue Targets)		GATR		Deltenna		Total
Balance as of September 30, 2017	$	591	$	800	$	2,450	$	—	$	1,376	$	5,217
Cash paid to seller		—		—		(1,750)		—		—		(1,750)
Total remeasurement (gain) loss recognized in earnings		113		100		100		—		(15)		298
Balance as of December 31, 2017	$	704	$	900	$	800	$	—	$	1,361	$	3,765

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, 2017								September 30, 2017
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	5,001	$	—	$	—	$	5,001	$	8,501	$	—	$	—	$	8,501
Current derivative assets		—		2,416		—		2,416		—		2,591		—		2,591
Noncurrent derivative assets		—		443		—		443		—		1,128		—		1,128
Total assets measured at fair value	$	5,001	$	2,859	$	—	$	7,860	$	8,501	$	3,719	$	—	$	12,220
Liabilities
Current derivative liabilities		—		2,601		—		2,601		—		3,456		—		3,456
Noncurrent derivative liabilities		—		443		—		443		—		1,128		—		1,128
Contingent consideration to seller of Deltenna		—		—		1,361		1,361		—		—		1,376		1,376
Contingent consideration to seller of GATR		—		—		—		—		—		—		—		—
Contingent consideration to seller of TeraLogics - contract extensions		—		—		900		900		—		—		800		800
Contingent consideration to seller of TeraLogics - revenue targets		—		—		800		800		—		—		2,450		2,450
Contingent consideration to seller of H4 Global		—		—		704		704		—		—		591		591
Total liabilities measured at fair value	$	—	$	3,044	$	3,765	$	6,809	$	—	$	4,584	$	5,217	$	9,801

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