Variable Interest Entities (Tables)

3 Months Ended

Dec. 31, 2018

Schedule of summary of the consolidated net assets and liabilities

The assets and liabilities of OpCo. that are included in our condensed consolidated balance sheets at December 31, 2018 and September 30, 2018 are as follows:


	December 31,		September 30,
	2018		2018
	(in thousands)
Cash	$	421	$	374
Restricted cash		10,000		10,000
Long-term capitalized contract costs		—		1,258
Long-term contracts financing receivable		52,996		—
Other noncurrent assets		962		810
Total assets	$	64,379	$	12,442

Trade accounts payable	$	205	$	165
Other long-term liabilities		6,146		13
Long-term debt		15,357		9,056
Total liabilities	$	21,708	$	9,234
Total Cubic equity		39		(304)
Noncontrolling interests		24,703		24,348
Total liabilities and owners' equity	$	46,450	$	33,278

Schedule of revenue, operating profit, and other income/(expense), net

The revenue, operating income, and other income (expense), net of OpCo. that are included in our condensed consolidated statement of income (loss) for the three months ended December 31, 2018 and 2017 are as follows:


	Three Months Ended
	December 31,
	2018		2017
Revenue	$	1,961	$	—
Operating income		1,668		—
Other income (expense), net		(6,133)		—
Interest income		503		—
Interest expense		(512)		—

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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