Fair Value Measurements (Tables)

12 Months Ended

Sep. 30, 2017

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 September 30, 2017 (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, 2017
Assets
Cash equivalents	$	—	$	6,639	$	—		$	6,639
Available-for-sale securities		—		31,802				$	31,802
Total assets	$	—	$	38,441	$	—		$	38,441

Liabilities
Contingent consideration	$	—	$	—	$	(14,864	)	$	(14,864	)
Total liabilities	$	—	$	—	$	(14,864	)	$	(14,864	)

The following table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 (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, 2016
Assets
Cash equivalents	$	—	$	22,160	$	—		$	22,160
Available-for-sale securities		—		21,954				$	21,954
Total assets	$	—	$	44,114	$	—		$	44,114

Liabilities
Contingent consideration	$	—	$	—	$	(14,517	)	$	(14,517	)
Total liabilities	$	—	$	—	$	(14,517	)	$	(14,517	)

Schedule of Contingent Consideration Liability

The following table summarizes the changes in the contingent consideration liability for fiscal 2017 and 2016:

(Dollars in thousands)
Contingent consideration liability at September 30, 2015	$	—
Additions		12,584
Fair value adjustments		70
Settlements		—
Interest accretion		1,422
Foreign currency translation		441
Contingent consideration liability at September 30, 2016		14,517
Additions		—
Fair value adjustments		(2,350	)
Settlements		—
Interest accretion		2,223
Foreign currency translation		474
Contingent consideration liability at September 30, 2017	$	14,864