Fair Value Of Financial Instruments (Tables)

3 Months Ended

Dec. 31, 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):

	December 31, 2019								September 30, 2019
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Current derivative assets	$	—	$	930	$	—	$	930	$	—	$	2,635	$	—	$	2,635
Noncurrent derivative assets		—		1,873		—		1,873		—		859		—		859
Total assets measured at fair value	$	—	$	2,803	$	—	$	2,803	$	—	$	3,494	$	—	$	3,494
Liabilities
Current derivative liabilities		—		1,855		—		1,855		—		529		—		529
Noncurrent derivative liabilities		—		272		—		272		—		228		—		228
Contingent consideration to seller of H4 Global		—		—		828		828		—		—		1,073		1,073
Contingent consideration to seller of Deltenna		—		—		3,000		3,000		—		—		1,787		1,787
Contingent consideration to seller of Shield		—		—		4,041		4,041		—		—		3,814		3,814
Contingent consideration to seller of Nuvotronics		—		—		—		—		—		—		4,200		4,200
Total liabilities measured at fair value	$	—	$	2,127	$	7,869	$	9,996	$	—	$	757	$	10,874	$	11,631

Summary of change in fair value of contingent consideration liability

As of December 31, 2019, the following table summarizes the change in fair value of our Level 3 contingent consideration liabilities (in thousands):

	H4 Global		Deltenna		Shield		Nuvotronics		Total
Balance as of September 30, 2019	$	1,073	$	1,787	$	3,814	$	4,200	$	10,874
Total remeasurement (gain) loss recognized in earnings		(245)		1,213		227		(4,200)		(3,005)
Balance as of December 31, 2019	$	828	$	3,000	$	4,041	$	—	$	7,869

Schedule of change in fair value of Level 3 investment assets

As of December 31, 2019, the following table summarizes the change in fair value of our Level 3 contingent consideration liabilities (in thousands):

	H4 Global		Deltenna		Shield		Nuvotronics		Total
Balance as of September 30, 2019	$	1,073	$	1,787	$	3,814	$	4,200	$	10,874
Total remeasurement (gain) loss recognized in earnings		(245)		1,213		227		(4,200)		(3,005)
Balance as of December 31, 2019	$	828	$	3,000	$	4,041	$	—	$	7,869

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,
	2019		2019
Fair value	$	204.0	$	203.3
Carrying value	$	200.0	$	200.0