Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2021

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, 2021 and September 30, 2021 were as follows:

(in thousands)	December 31, 2021
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents (1)	$	107,320	$	—	$	—	$	107,320
Convertible note		—		—		2,000		2,000
Equity securities		—		—		87,306		87,306
Forward contracts		—		1,486		—		1,486
Options		—		2,021		—		2,021
	$	107,320	$	3,507	$	89,306	$	200,133
Financial liabilities:
Stock buyback pending settlement		5,260		—		—		5,260
Forward contracts		—		3,732		—		3,732
	$	5,260	$	3,732	$	—	$	8,992

(in thousands)	September 30, 2021
	Level 1		Level 2		Level 3		Total
Financial assets:
Cash equivalents (1)	$	114,375	$	—	$	—	$	114,375
Convertible note		—		—		2,000		2,000
Equity securities		—		—		77,500		77,500
Forward contracts		—		5,363		—		5,363
	$	114,375	$	5,363	$	79,500		199,238
Financial liabilities:
Forward contracts		—		3,318		—		3,318
	$	—	$	3,318	$	—	$	3,318

        (1) Money market funds and time deposits.

Schedule 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 in the Matterport, Inc. shares:

(in thousands)	December 31, 2021
	Fair Values
Balance, October 1, 2021	$	77,540
Unrealized gains		7,467
Reduction in discount due to lack of marketability(1)		2,299
Balance, December 31, 2021	$	87,306

(1) The restriction on our ability to sell our shares lapsed in January 2022.  Refer to Note 16. Subsequent Events for discussion regarding the expirations on the restriction and our subsequent sale of the Equity Securities in January 2022.