Fair Value Of Financial Instruments (Tables)

12 Months Ended

Sep. 30, 2019

Fair Value of Financial Instruments

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):

	September 30, 2019								September 30, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Cash equivalents	$	—	$	—	$	—	$	—	$	9,000	$	—	$	—	$	9,000
Current derivative assets		—		2,635		—		2,635		—		1,803		—		1,803
Noncurrent derivative assets		—		859		—		859		—		314		—		314
Total assets measured at fair value	$	—	$	3,494	$	—	$	3,494	$	9,000	$	2,117	$	—	$	11,117
Liabilities
Current derivative liabilities		—		529		—		529		—		1,657		—		1,657
Noncurrent derivative liabilities		—		228		—		228		—		75		—		75
Contingent consideration to seller of H4 Global		—		—		1,073		1,073		—		—		665		665
Contingent consideration to seller of Deltenna		—		—		1,787		1,787		—		—		1,081		1,081
Contingent consideration to seller of Shield		—		—		3,814		3,814		—		—		5,618		5,618
Contingent consideration to seller of Nuvotronics		—		—		4,200		4,200		—		—		—		—
Contingent consideration to seller of TeraLogics - revenue targets		—		—		—		—		—		—		1,750		1,750
Total liabilities measured at fair value	$	—	$	757	$	10,874	$	11,631	$	—	$	1,732	$	9,114	$	10,846

Summary of change in fair value of contingent consideration liability

As of September 30, 2019, the following table summarizes the change in fair value of our Level 3 contingent consideration liabilities (in thousands):

	H4 Global		Deltenna		Shield		Nuvotronics			TeraLogics (Contract Extensions)	TeraLogics (Revenue Targets)		Total
Balance as of September 30, 2017	$	591	$	1,376	$	—	$	—	$	800	$	2,450	$	5,217
Initial measurement recognized at acquisition		—		—		5,618		—		—		—		5,618
Cash paid to seller		—		—		—		—		(1,000)		(1,750)		(2,750)
Total remeasurement (gain) loss recognized in earnings		74		(295)		—		—		200		1,050		1,029
Balance as of September 30, 2018	$	665	$	1,081	$	5,618	$	—	$	—	$	1,750	$	9,114
Initial measurement recognized at acquisition		—		—		—		4,900		—		—		4,900
Cash paid to seller		(385)		—		—		—		—		(1,750)		(2,135)
Total remeasurement (gain) loss recognized in earnings		793		706		(1,804)		(700)		—		—		(1,005)
Balance as of September 30, 2019	$	1,073	$	1,787	$	3,814	$	4,200	$	—	$	—	$	10,874

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):

	September 30,
	2019		2018
Fair value	$	203.3	$	193.7
Carrying value	$	200.0	$	200.0