XML 41 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair Value Measurements | 12 Months Ended
--- | ---
Sep. 30, 2020
Fair Value Disclosures [Abstract] |
Fair Value Measurements | 15. Fair Value Measurements Money market funds, time deposits and corporate notes/bonds are classified within Level 1 of the fair value hierarchy because they are valued based on quoted market prices in active markets. Certificates of deposit, commercial paper and certain U.S. government agency securities are classified within Level 2 of the fair value hierarchy. These instruments are valued based on quoted prices in markets that are not active or based on other observable inputs consisting of market yields, reported trades and broker/dealer quotes. The principal market in which we execute our foreign currency forward contracts is the institutional market in an over-the-counter environment with a relatively high level of price transparency. The market participants usually are large financial institutions. Our foreign currency forward contracts’ valuation inputs are based on quoted prices and quoted pricing intervals from public data sources and do not involve management judgment. These contracts are typically classified within Level 2 of the fair value hierarchy. Our significant financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2020 and 2019 were as follows:
(in thousands) |  | September 30, 2020 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents(1) |  | $ | 105,299 |  |  | $ | — |  |  | $ | — |  |  | $ | 105,299 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate notes/bonds |  |  | 59,099 |  |  |  | — |  |  |  | — |  |  |  | 59,099 |
Forward contracts |  |  | — |  |  |  | 903 |  |  |  | — |  |  |  | 903 |
|  | $ | 164,398 |  |  | $ | 903 |  |  | $ | — |  |  | $ | 165,301 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forward contracts |  |  | — |  |  |  | 1,073 |  |  |  | — |  |  |  | 1,073 |
|  | $ | — |  |  | $ | 1,073 |  |  | $ | — |  |  | $ | 1,073 |
(in thousands) |  | September 30, 2019 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents(1) |  | $ | 108,020 |  |  | $ | — |  |  | $ | — |  |  | $ | 108,020 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial paper |  |  | — |  |  |  | 999 |  |  |  | — |  |  |  | 999 |
Corporate notes/bonds |  |  | 56,436 |  |  |  | — |  |  |  | — |  |  |  | 56,436 |
Forward contracts |  |  | — |  |  |  | 3,064 |  |  |  | — |  |  |  | 3,064 |
|  | $ | 164,456 |  |  | $ | 4,063 |  |  | $ | — |  |  | $ | 168,519 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forward contracts |  |  | — |  |  |  | 2,771 |  |  |  | — |  |  |  | 2,771 |
|  | $ | — |  |  | $ | 2,771 |  |  | $ | — |  |  | $ | 2,771 |
(1) | Money market funds and time deposits.

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

X
- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration