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Financial Instruments and Fair Value Measurement (Tables)
3 Months Ended
Dec. 31, 2015
Financial Instruments and Fair Value Measurement  
Summary of available-for-sale securities

 

 

 

 

Gross

 

Gross

 

Estimated

 

 

 

 

 

Unrealized

 

Unrealized

 

Fair

 

 

 

Cost

 

Gains

 

Losses

 

Value

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

Equity securities December 31, 2015

 

$

64,462 

 

$

28,895 

 

$

19,829 

 

$

73,528 

 

Equity securities September 30, 2015

 

$

64,462 

 

$

28,530 

 

$

1,509 

 

$

91,483 

 

 

Summary of assets measured at fair value on a recurring basis

 

 

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

 

(in thousands)

 

Short-term investments:

 

 

 

 

 

 

 

 

 

Certificate of deposit

 

$

2,100 

 

$

 

$

2,100 

 

$

 

Corporate debt securities

 

25,450 

 

 

25,450 

 

 

U.S. government and federal agency securities

 

20,158 

 

8,716 

 

11,442 

 

 

 

 

 

 

 

 

 

 

 

 

Total short-term investments

 

47,708 

 

8,716 

 

38,992 

 

 

Cash and cash equivalents

 

848,230 

 

848,230 

 

 

 

 

Investments

 

73,528 

 

73,528 

 

 

 

Other current assets

 

37,255 

 

37,005 

 

250 

 

 

Other assets

 

2,000 

 

2,000 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets measured at fair value

 

$

1,008,721 

 

$

969,479 

 

$

39,242 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of supplemental fair value information about long-term fixed-rate debt

 

 

 

December 31,

 

September 30,

 

 

 

2015

 

2015

 

 

 

(in millions)

 

 

 

 

 

 

 

Carrying value of long-term fixed-rate debt

 

$

531.8 

 

$

531.5 

 

Fair value of long-term fixed-rate debt

 

$

540.4 

 

$

553.5