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Marketable Securities
12 Months Ended
Sep. 30, 2020
Marketable Securities [Abstract]  
Marketable Securities

16. Marketable Securities

The amortized cost and fair value of marketable securities as of September 30, 2020 and 2019 were as follows:

 

(in thousands)

 

September 30, 2020

 

 

 

Amortized

cost

 

 

Gross

unrealized

gains

 

 

Gross

unrealized

losses

 

 

Fair value

 

Corporate notes/bonds

 

$

58,793

 

 

$

323

 

 

$

(17

)

 

$

59,099

 

 

(in thousands)

 

September 30, 2019

 

 

 

Amortized

cost

 

 

Gross

unrealized

gains

 

 

Gross

unrealized

losses

 

 

Fair value

 

Commercial paper

 

$

999

 

 

$

 

 

$

 

 

$

999

 

Corporate notes/bonds

 

 

56,318

 

 

 

146

 

 

 

(28

)

 

 

56,436

 

 

 

$

57,317

 

 

$

146

 

 

$

(28

)

 

$

57,435

 

 

The following tables summarize the fair value and gross unrealized losses aggregated by category and the length of time that individual securities have been in a continuous unrealized loss position as of September 30, 2020 and 2019.

 

(in thousands)

 

September 30, 2020

 

 

 

Less than twelve

months

 

 

Greater than twelve

months

 

 

Total

 

 

 

Fair value

 

 

Gross

unrealized

loss

 

 

Fair value

 

 

Gross

unrealized

loss

 

 

Fair value

 

 

Gross

unrealized

loss

 

Corporate notes/bonds

 

$

9,841

 

 

$

(17

)

 

$

 

 

$

 

 

$

9,841

 

 

$

(17

)

 

(in thousands)

 

September 30, 2019

 

 

 

Less than twelve

months

 

 

Greater than twelve

months

 

 

Total

 

 

 

Fair value

 

 

Gross

unrealized

loss

 

 

Fair value

 

 

Gross

unrealized

loss

 

 

Fair value

 

 

Gross

unrealized

loss

 

Corporate notes/bonds

 

$

12,419

 

 

$

(14

)

 

$

16,369

 

 

$

(14

)

 

$

28,788

 

 

$

(28

)

 

The following table presents our available-for-sale marketable securities by contractual maturity date as of September 30, 2020 and 2019.

 

(in thousands)

 

September 30, 2020

 

 

September 30, 2019

 

 

 

Amortized

cost

 

 

Fair value

 

 

Amortized

cost

 

 

Fair value

 

Due in one year or less

 

$

27,727

 

 

$

27,899

 

 

$

27,725

 

 

$

27,735

 

Due after one year through three years

 

 

31,066

 

 

 

31,200

 

 

 

29,592

 

 

 

29,700

 

 

 

$

58,793

 

 

$

59,099

 

 

$

57,317

 

 

$

57,435