Fair Value Of Financial Instruments (Tables)

12 Months Ended

Sep. 30, 2020

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 Consolidated Balance Sheets on a recurring basis (in thousands):

	September 30, 2020								September 30, 2019
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Current derivative assets	$	—	$	1,398	$	—	$	1,398	$	—	$	2,635	$	—	$	2,635
Noncurrent derivative assets		—		222		—		222		—		859		—		859
Total assets measured at fair value	$	—	$	1,620	$	—	$	1,620	$	—	$	3,494	$	—	$	3,494
Liabilities
Current derivative liabilities		—		4,557		—		4,557		—		529		—		529
Noncurrent derivative liabilities		—		14,070		—		14,070		—		228		—		228
Contingent consideration to seller of H4 Global		—		—		1,148		1,148		—		—		1,073		1,073
Contingent consideration to seller of Deltenna		—		—		3,004		3,004		—		—		1,787		1,787
Contingent consideration to seller of Shield		—		—		5,566		5,566		—		—		3,814		3,814
Contingent consideration to seller of Nuvotronics		—		—		—		—		—		—		4,200		4,200
Contingent consideration to seller of Delerrok		—		—		900		900		—		—		—		—
Total liabilities measured at fair value	$	—	$	18,627	$	10,618	$	29,245	$	—	$	757	$	10,874	$	11,631

Summary of change in fair value of contingent consideration liability

As of September 30, 2020, the following table summarizes the change in fair value of our Level 3 contingent consideration liabilities (in thousands):

	H4 Global		Deltenna		Shield		Nuvotronics		Delerrok		TeraLogics		Total
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)
Adjustment to the provisional acquisition date valuation		—		—		—		—		—		—		—
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
Initial measurement recognized at acquisition		—		—		—		—		1,600		—		1,600
Cash paid to seller		—		—		—		—		—		—		—
Adjustment to the provisional acquisition date valuation		—		—		—		—		—		—		—
Total remeasurement (gain) loss recognized in earnings		75		1,217		1,752		(4,200)		(700)		—		(1,856)
Balance as of September 30, 2020	$	1,148	$	3,004	$	5,566	$	—	$	900	$	—	$	10,618