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Derivative Financial Instruments (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2016 | Jan. 02, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |  |
Notional Amounts of Outstanding Forward Contracts | As of December 31, 2016 and September 30, 2016, we had outstanding forward contracts with notional amounts equivalent to the following:
Currency Hedged | December 31, 2016 |  | September 30, 2016
| (in thousands)
Canadian / U.S. Dollar | $ | 8,460 |  |  | $ | 14,685 |
Swiss Franc / Euro | 4,897 |  |  | — |
Chinese Yuan offshore / Euro | 9,487 |  |  | — |
Euro / U.S. Dollar | 206,717 |  |  | 174,120 |
Japanese Yen / Euro | 36,907 |  |  | 32,782 |
Israeli Shekel / U.S. Dollar | 5,704 |  |  | 7,271 |
Japanese Yen / U.S. Dollar | 4,649 |  |  | 6,716 |
Swedish Krona / Euro | 8,618 |  |  | — |
Swedish Krona / U.S. Dollar | 4,644 |  |  | 3,852 |
Singapore Dollar / U.S. Dollar | 75,429 |  |  | 1,448 |
All other | 8,571 |  |  | 8,660 |
Total | $ | 374,083 |  |  | $ | 249,534 |
As of December 31, 2016 and September 30, 2016, we had outstanding forward contracts designated as cash flow hedges with notional amounts equivalent to the following:
Currency Hedged | December 31, 2016 |  | September 30, 2016
| (in thousands)
Euro / U.S. Dollar | $ | 32,893 |  |  | $ | 26,181 |
Japanese Yen / U.S. Dollar | 13,733 |  |  | 8,800 |
SEK / U.S. Dollar | 2,165 |  |  | 4,078 |
Total | $ | 48,791 |  |  | $ | 39,059 |
Net Gains and Losses on Foreign Currency Exposures | The following table shows the effect of the our derivative instruments designated as cash flow hedges in the Consolidated Statements of Operations for the three months ended December 31, 2016 and January 2, 2016 (in thousands):
Derivatives Designated as Hedging Instruments |  | Gain or (Loss) Recognized in OCI-Effective Portion |  | Location of Gain or (Loss) Reclassified from OCI into Income-Effective Portion |  | Gain or (Loss) Reclassified from OCI into Income-Effective Portion |  | Location of Gain or (Loss) Recognized-Ineffective Portion |  | Gain or (Loss) Recognized-Ineffective Portion
|  | Three Months Ended |  |  |  | Three Months Ended |  |  |  | Three Months Ended
|  | December 31, 2016 |  | January 2, 2016 |  |  |  | December 31, 2016 |  | January 2, 2016 |  |  |  | December 31, 2016 |  | January 2, 2016
Forward Contracts |  | $ | 3,471 |  |  | $ | 1,643 |  |  | Software revenue |  | $ | 407 |  |  | $ | 846 |  |  | Interest and other expense, net |  | $ | 10 |  |  | $ | — |
| The following table shows the effect of our non-designated hedges in the Consolidated Statements of Operations for the three months ended December 31, 2016 and January 2, 2016:
Derivatives Not Designated as Hedging Instruments |  | Location of Gain or (Loss) Recognized in Income |  | Net realized and unrealized gain or (loss) (excluding the underlying foreign currency exposure being hedged)
|  |  |  | Three months ended
|  |  |  | December 31, 2016 |  | January 2, 2016
|  |  |  | (in thousands)
Forward Contracts |  | Interest and other expense, net |  | $ | (8,329 | ) |  | $ | (1,014 | )
In the three months ended December 31, 2016 and January 2, 2016, the foreign currency losses, net were $1.5 million and $0.0 million, respectively.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table shows our derivative instruments measured at gross fair value as reflected in the Consolidated Balance Sheets:
| Fair Value of Derivatives Designated As Hedging Instruments |  | Fair Value of Derivatives Not Designated As Hedging Instruments
| December 31, 2016 |  | September 30, 2016 |  | December 31, 2016 |  | September 30, 2016
| (in thousands) |  | (in thousands)
Derivative assets (1): |  |  |  |  |  |  |
Forward Contracts | $ | 1,655 |  |  | $ | 44 |  |  | $ | 2,850 |  |  | $ | 216 |
Derivative liabilities (2): |  |  |  |  |  |  |
Forward Contracts | $ | 14 |  |  | $ | 1,477 |  |  | $ | 615 |  |  | $ | 1,693 |
(1) As of December 31, 2016, $4,420 thousand current derivative assets are recorded in other current assets, and $85 thousand long term derivative assets are recorded in other assets in the Consolidated Balance Sheets. As of September 30, 2016, all derivative assets were recorded in other current assets in the Consolidated Balance Sheet.
(2) As of December 31, 2016, $628 thousand current derivative liabilities are recorded in accrued expenses and other current liabilities, and $1 thousand long term derivative liabilities are recorded in other liabilities in the Consolidated Balance Sheets. As of September 30, 2016, all derivative liabilities were recorded in accrued expenses and other current liabilities in the Consolidated Balance Sheets.
Offsetting Assets | The following table sets forth the offsetting of derivative assets as of December 31, 2016:
| Gross Amounts Offset in the Consolidated Balance Sheets |  |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |
As of December 31, 2016 | Gross Amount of Recognized Assets |  | Gross Amounts Offset in the Consolidated Balance Sheets |  | Net Amounts of Assets Presented in the Consolidated Balance Sheets |  | Financial Instruments |  | Cash Collateral Received |  | Net Amount
| (in thousands)
Forward Contracts | $ | 4,505 |  |  | $ | — |  |  | $ | 4,505 |  |  | $ | (629 | ) |  | $ | — |  |  | $ | 3,876 |
Offsetting Liabilities | The following table sets forth the offsetting of derivative liabilities as of December 31, 2016:
| Gross Amounts Offset in the Consolidated Balance Sheets |  |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |
As of December 31, 2016 | Gross Amount of Recognized Liabilities |  | Gross Amounts Offset in the Consolidated Balance Sheets |  | Net Amounts of Liabilities Presented in the Consolidated Balance Sheets |  | Financial Instruments |  | Cash Collateral Pledged |  | Net Amount
| (in thousands)
Forward Contracts | $ | 629 |  |  | $ | — |  |  | $ | 629 |  |  | $ | (629 | ) |  | $ | — |  |  | $ | — |

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