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Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value of Assets Measured on Recurring Basis
The following tables provide information by level for financial assets and liabilities that are measured at fair value on a recurring basis (in thousands):
 
Total carrying
 value at
 
Fair Value Measurements Using
 Inputs Considered as
 
June 30, 2016
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Money market
$
27,646

 
$
27,646

 
$

 
$

Corporate bonds
34,073

 

 
34,073

 

Commercial paper
23,954

 

 
23,954

 

Certificates of deposit
9,327

 

 
9,327

 

Government municipal bonds
3,104

 

 
3,104

 

Total assets measured at fair value
$
98,104

 
$
27,646

 
$
70,458

 
$

Liabilities:
 
 
 
 
 
 
 
Contingent consideration on acquired business
10,587

 
$

 
$

 
$
10,587

Total liabilities measured at fair value
$
10,587

 
$

 
$

 
$
10,587


 
Total carrying
 value at
 
Fair Value Measurements Using
 Inputs Considered as
 
September 30, 2015
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Money market
$
14,436

 
$
14,436

 
$

 
$

Corporate bonds
35,840

 

 
35,840

 

Commercial paper
7,985

 

 
7,985

 

Certificates of deposit
13,768

 

 
13,768

 

Government municipal bonds
3,224

 

 
3,224

 

Total assets measured at fair value
$
75,253

 
$
14,436

 
$
60,817

 
$

Fair Value of Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents a reconciliation of the liability measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and nine months ended June 30, 2016 (in thousands):
 
Three months ended
June 30, 2016
 
Nine months ended
June 30, 2016
Fair value at beginning of period
$
10,522

 
$

Purchase price contingent consideration

 
10,400

Change in fair value of contingent consideration
65

 
187

Fair value at end of period
$
10,587

 
$
10,587