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Fair Value Measurements (Tables)
6 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value of Assets Measured on Recurring Basis
The following tables provide information by level for financial liabilities that are measured at fair value on a recurring basis (in thousands):
 Total Fair
Value at
Fair Value Measurements Using
 Inputs Considered as
March 31, 2022Level 1Level 2Level 3
Liabilities:
 Contingent consideration on acquired business$6,200 $— $— $6,200 
Total liabilities measured at fair value$6,200 $— $— $6,200 
 Total Fair
Value at
Fair Value Measurements Using
 Inputs Considered as
September 30, 2021Level 1Level 2Level 3
Liabilities:
Contingent consideration on acquired business$6,200 $— $— $6,200 
Total liabilities measured at fair value$6,200 $— $— $6,200 
Fair Value of Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents a reconciliation of the contingent consideration liability measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands):
Three months ended March 31,Six months ended March 31,
2022202120222021
Fair value at beginning of period$6,200 $10,000 $6,200 $4,228 
Contingent consideration recognized for acquired business— 8,000 — 8,000 
Contingent consideration payments— (10,000)— (10,000)
Change in fair value of contingent consideration — — — 5,772 
Fair value at end of period$6,200 $8,000 $6,200 $8,000