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Fair Value Measurements (Tables)
3 Months Ended
Dec. 31, 2015
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 December 31, 2015:

 

(Dollars 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

December 31,

2015

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

 

 

$

33,603

 

 

$

 

 

$

33,603

 

Total assets

 

$

 

 

$

33,603

 

 

$

 

 

$

33,603

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$

 

 

$

 

 

$

(9,308

)

 

$

(9,308

)

Total liabilities

 

$

 

 

$

 

 

$

(9,308

)

 

$

(9,308

)

 

The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2015:

 

(Dollars 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,

2015

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

 

 

$

53,591

 

 

$

 

 

$

53,591

 

Total assets measured at fair value

 

$

 

 

$

53,591

 

 

$

 

 

$

53,591

 

 

Schedule of Contingent Consideration Liability

The following table summarizes the changes in the contingent consideration liability for the quarter ended December 31, 2015:

 

(Dollars in thousands)

 

 

 

 

Contingent consideration liability at September 30, 2015

 

$

 

Additions

 

 

9,064

 

Fair value adjustments

 

 

 

Settlements

 

 

 

Interest accretion

 

 

109

 

Foreign currency translation

 

 

135

 

Contingent consideration liability at December 31, 2015

 

$

9,308