XML 70 R40.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Derivative Financial Instruments (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Notional Amounts of Outstanding Forward Contracts | As of September 30, 2018 and 2017, we had outstanding forward contracts for derivatives not designated as hedging instruments with notional amounts equivalent to the following:
| September 30,
Currency Hedged | 2018 |  | 2017
| (in thousands)
Canadian / U.S. Dollar | $ | 7,334 |  |  | $ | 12,809 |
Euro / U.S. Dollar | 297,730 |  |  | 244,000 |
British Pound / U.S. Dollar | 7,074 |  |  | 907 |
Israeli Sheqel / U.S. Dollar | 9,778 |  |  | 8,820 |
Japanese Yen / Euro | — |  |  | 17,694 |
Japanese Yen / U.S. Dollar | 37,456 |  |  | 3,198 |
Swiss Franc / U.S. Dollar | 11,944 |  |  | 605 |
Swiss Franc / Euro | — |  |  | 7,157 |
Swedish Krona / U.S. Dollar | 18,207 |  |  | 4,627 |
Chinese Yuan offshore / Euro | — |  |  | 10,423 |
Singapore Dollar / U.S. Dollar | 1,314 |  |  | 1,186 |
Chinese Renminbi / U.S. Dollar | 9,010 |  |  | — |
All other | 6,109 |  |  | 7,093 |
Total | $ | 405,956 |  |  | $ | 318,519 |
As of September 30, 2018 and 2017, we had outstanding forward contracts designated as cash flow hedges with notional amounts equivalent to the following:
| September 30,
Currency Hedged | 2018 |  | 2017
| (in thousands)
Euro / U.S. Dollar | $ | 8,495 |  |  | $ | 64,831 |
Japanese Yen / U.S. Dollar | 2,193 |  |  | 22,675 |
SEK / U.S. Dollar | 1,708 |  |  | 14,091 |
Total | $ | 12,396 |  |  | $ | 101,597 |
Derivative Instruments, Gain (Loss) | The following table shows the effect of our non-designated hedges in the Consolidated Statements of Operations for the year ended September 30, 2018 and 2017:
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)
|  |  |  | Year ended September 30,
|  |  |  | 2018 |  | 2017 |  | 2016
|  |  |  | (in thousands)
Forward Contracts |  | Other income (expense), net |  | $ | (9,720 | ) |  | $ | 870 |  |  | $ | (883 | )
The following table shows the effect of our derivative instruments designated as cash flow hedges in the Consolidated Statements of Operations for the twelve months ended September 30, 2018 and 2017 (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
|  | Year ended September 30,
|  | 2018 | 2017 |  |  |  | 2018 | 2017 |  |  |  | 2018 | 2017
Forward Contracts |  | $ | 1,652 |  | $ | (866 | ) |  | Software Revenue |  | $ | (552 | ) | $ | (524 | ) |  | Other Income (Expense) |  | $ | 21 |  | $ | (49 | )
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:
| September 30,
| Fair Value of Derivatives Designated As Hedging Instruments |  | Fair Value of Derivatives Not Designated As Hedging Instruments
| 2018 |  | 2017 |  | 2018 |  | 2017
| (in thousands) |  | (in thousands)
Derivative assets (a): |  |  |  |  |  |  |
Forward Contracts | $ | 440 |  |  | $ | 540 |  |  | $ | 2,449 |  |  | $ | 623 |
Derivative liabilities (b): |  |  |  |  |  |  |
Forward Contracts | $ | — |  |  | $ | 2,352 |  |  | $ | 3,419 |  |  | $ | 1,995 |
(a) As of September 30, 2018, $2,889 thousand current derivative assets are recorded in other current assets, in the Consolidated Balance Sheets. As of September 30, 2017, $1,128 thousand current derivative assets are recorded in other current assets, and $35 thousand long-term derivative assets are recorded in other assets in the Consolidated Balance Sheets.
(b) As of September 30, 2018, $3,419 thousand current derivative liabilities are recorded in accrued expenses and other current liabilities in the Consolidated Balance Sheets. As of September 30, 2017, $4,329 thousand current derivative liabilities are recorded in accrued expenses and other current liabilities, and $18 thousand long-term derivative liabilities are recorded in other liabilities in the Consolidated Balance Sheets.
Offsetting Assets | The following table sets forth the offsetting of derivative assets as of September 30, 2018:
| Gross Amounts Offset in the Consolidated Balance Sheets |  |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |
September 30, 2018 | 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 | $ | 2,889 |  |  | $ | — |  |  | $ | 2,889 |  |  | $ | (2,889 | ) |  | $ | — |  |  | $ | — |
Offsetting Liabilities | The following table sets forth the offsetting of derivative liabilities as of September 30, 2018:
| Gross Amounts Offset in the Consolidated Balance Sheets |  |  |  | Gross Amounts Not Offset in the Consolidated Balance Sheets |  |
September 30, 2018 | 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 | $ | 3,419 |  |  | $ | — |  |  | $ | 3,419 |  |  | $ | (2,889 | ) |  | $ | — |  |  | $ | 530 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_OffsettingLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration