DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Derivative Financial Instruments

The following is a summary of the notional transaction amounts and fair values for the Company’s outstanding derivative financial instruments by risk category and instrument type as of March 31, 2015:

(In thousands)	Notional amount (Euros)		Fair Value (US$)
Forward contracts	$	2,062		(192)

Schedule of Fair Value of Financial Instruments

The Company’s forward contracts are classified within Level 2 of the valuation hierarchy in accordance with FASB Accounting Standards Codification (ASC) 825, as presented below as of March 31, 2015:

(In thousands)	Level 1		Level 2		Level 3		Total
Liabilities:
Forward contracts	$	-		192	$	-		192