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Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2013
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
             The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of June 30, 2013 (in thousands):

 

     Quoted Prices in
Active Markets
for Identical
Instruments
(Level 1)
     Significant
Other
Observable
Inputs

(Level 2)
     Significant
Unobservable
Inputs

(Level 3)
     Total Fair
Value as  of
June 30,
2013
 

Assets:

           

Cash equivalents

   $ —         $ 6,902       $ —         $ 6,902   

Available-for-sale debt securities:

           

U.S. government and government agency obligations

     —           28,185         —           28,185   

Mortgage-backed securities

     —           5,222         —           5,222   

Municipal bonds

     —           3,299         —           3,299   

Asset-backed securities

     —           1,614         —           1,614   

Corporate bonds

     —           4,097         —           4,097   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total assets measured at fair value

   $ —         $ 49,319       $ —         $ 49,319   
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2012 (in thousands):

 

     Quoted Prices in
Active Markets
for Identical
Instruments
(Level 1)
     Significant
Other
Observable
Inputs

(Level 2)
     Significant
Unobservable
Inputs

(Level 3)
     Total Fair
Value as of
September 30,
2012
 

Assets:

           

Cash equivalents

   $ —         $ 5,101       $ —         $ 5,101   

Available-for-sale debt securities:

           

U.S. government and government agency obligations

     —           28,854         —           28,854   

Mortgage-backed securities

     —           2,999         —           2,999   

Municipal bonds

     —           3,213         —           3,213   

Asset-backed securities

     —           598         —           598   

Corporate bonds

     —           6,886         —           6,886   

Other assets

     718                 —           718   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total assets measured at fair value

   $ 718       $ 47,651       $ —         $ 48,369   
  

 

 

    

 

 

    

 

 

    

 

 

 
Reconciliation of Financial Assets Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs

The following tables provide a reconciliation of financial assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in thousands). Transfers of instruments into and out of Level 3 are based on beginning of period values.

 

     Fair Value Measurements Using Significant
Unobservable Inputs (Level 3)

Nine Months Ended June 30, 2012 Available-for-
Sale Debt Securities
 
     Mortgage-
Backed Securities
    Asset-
Backed Securities
    Total  

Balance at September 30, 2011

   $ 15      $ 9      $ 24   

Transfers into Level 3

     —          —          —     

Transfers out of Level 3

     (15     (9     (24

Total realized and unrealized gains (losses):

      

Included in other comprehensive (loss) income

     —          —          —     

Purchases, issuances, sales and settlements, net

     —          —          —     
  

 

 

   

 

 

   

 

 

 

Balance at June 30, 2012

   $ —        $ —        $ —