Derivative Financial Instruments (Tables)

12 Months Ended

Sep. 30, 2019

Derivative Financial Instruments

Schedule of outstanding derivative financial instruments

	Notional Amount		Fair Value
(In thousands)	(Currency)		(US$)	Fix Rate
Forward contracts	5,750	USD	(35)
Interest rate swap	150,000	USD	(19)	2.09	%
Interest rate swap *	150,000	USD	(1,143)	2.24	%

*      This swap represents a forward contract and will be effective in November 2019.

Schedule of fair value of financial instruments

The Company’s forward contracts are classified within Level 2 of the valuation hierarchy in accordance with ASC 825, as presented below as of September 30, 2019:

(In thousands)	Level 1		Level 2	Level 3	Total
Asset:
Forward contracts	$	—	(1,197)	—	(1,197)