Fair Value of Financial Instruments (Tables)

6 Months Ended

Mar. 31, 2015

Summary of the assets and liabilities measured at fair value on a recurring basis

The following table summarizes the assets / (liabilities) measured at fair value on a recurring basis at March 31, 2015:

	Level 1		Level 2		Level 3
Current (included in accrued expenses and other current liabilities):
Cross currency swaps	$	—	$	—	$	(2,409	)
Non-current (included in other assets):
Cross currency swaps	$	—	$	—	$	11,219

The following table summarizes the assets / (liabilities) liabilities measured at fair value on a recurring basis at September 30, 2014:

	Level 1		Level 2			Level 3
Current (included in accrued expenses and other current liabilities):
Interest rate swaps	$	—	$	(1,151	)	$	—
Cross currency swaps	$	—	$	—		$	(3,857	)
Non-current (included in other liabilities):
Cross currency swaps	$	—	$	—		$	(14,773	)

Schedule of the Level 3 activity related to cross currency swaps

	Three Months Ended March 31,						Six Months Ended March 31,
	2015			2014			2015			2014
Beginning balance:	$	(6,882	)	$	(27,359	)	$	(18,630	)	$	(22,254	)
Unrealized gain (loss) on cross currency swaps		15,692			(1,862	)		27,440			(6,967	)

Ending balance:	$	8,810		$	(29,221	)	$	8,810		$	(29,221	)

Schedule of effect of derivative instruments designated as cash flow and net investment hedging instruments

	Three Months Ended March 31,
	2015				2014
	Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivative (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivative (Effective Portion)			Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
Cash Flow Hedges:
Interest rate swaps	$	—	$	—	$	(463	)	$	(1,147	)
Net Investment Hedges:
Cross currency swaps		9,481		—		(1,090	)		—

Total	$	9,481	$	—	$	(1,553	)	$	(1,147	)

	Six Months Ended March 31,
	2015						2014
	Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivative (Effective Portion)			Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)			Amount of Gain or (Loss) Recognized in Accumulated OCI on Derivative (Effective Portion)			Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
Cash Flow Hedges:
Interest rate swaps	$	(438	)	$	(1,159	)	$	(1,245	)	$	(3,014	)
Net Investment Hedges:
Cross currency swaps		18,651			—			(5,244	)		—

Total	$	18,213		$	(1,159	)	$	(6,489	)	$	(3,014	)

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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