Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping

Our significant financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2020 and September 30, 2020 were as follows:

(in thousands)	December 31, 2020
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents	$	202,004	$	—	$	—	$	202,004
Derivative instruments		—		1,745		—		1,745
Convertible note		—		—		1,000		1,000
Total financial assets	$	202,004	$	1,745	$	1,000	$	204,749
Financial liabilities:
Forward contracts		—		913		—		913
Total financial liabilities	$	—	$	913	$	—	$	913

(in thousands)	September 30, 2020
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents	$	105,299	$	—	$	—	$	105,299
Marketable securities:
Corporate notes/bonds		59,099		—		—		59,099
Derivative instruments		—		903		—		903
Total financial assets	$	164,398	$	903	$	—	$	165,301
Financial liabilities:
Forward contracts		—		1,073		—		1,073
Total financial liabilities	$	—	$	1,073	$	—	$	1,073

Summary of Changes in Fair Value of Level 3 Investment

The following table provides a summary of changes in the fair value of our Level 3 investment for the three months ended December 31, 2020 (in thousands):

Balance, October 1, 2020	$	—
Investment		1,000
Balance, December 31, 2020	$	1,000