Fair Value Measurements (Tables)

9 Months Ended

Jun. 30, 2016

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, 2016:

(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 June 30, 2016
Assets:
Cash equivalents	$	—	$	26,087	$	—		$	26,087
Available-for-sale debt securities		—		9,523		—			9,523
Total assets	$	—	$	35,610	$	—		$	35,610

Liabilities:
Contingent consideration - noncurrent	$	—	$	—	$	(13,950	)	$	(13,950	)
Total liabilities	$	—	$	—	$	(13,950	)	$	(13,950	)

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	$	—	$	53,591	$	—	$	53,591

Schedule of Contingent Consideration Liability

The following table summarizes the changes in the noncurrent contingent consideration liability for the three and nine month periods ended June 30, 2016:

(Dollars in thousands)
Current and noncurrent contingent consideration liability as of September 30, 2015	$	—
Additions		9,064
Fair value adjustments		—
Settlements		—
Interest accretion		109
Foreign currency translation loss		135
Current and noncurrent contingent consideration liability as of December 31, 2015		9,308
Additions		3,517
Fair value adjustments		—
Settlements		—
Interest accretion		392
Foreign currency translation loss		429
Current and noncurrent contingent consideration liability as of March 31, 2016		13,646
Additions		—
Fair value adjustments		70
Settlements		—
Interest accretion		485
Foreign currency translation gain		(251	)
Current and noncurrent contingent consideration liability as of June 30, 2016	$	13,950