XML 23 R12.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Derivative Financial Instruments (Notes) | 6 Months Ended
--- | ---
Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative Instruments and Hedging Activities Disclosure [Text Block] | Derivative Financial Instruments We are exposed to interest rate risk that we manage to some extent using derivative instruments. Under our April 2015 interest rate swap contracts, we receive interest calculated using 3-month LIBOR, subject to a floor of 0.75%, and pay fixed interest at 2.341%, on an aggregate notional amount of $150.0 million. These swap contracts effectively fix the cash interest rate on $150.0 million of our borrowings under the Term Loan at 4.841% from September 30, 2016 through September 30, 2021. We have designated our interest rate swap contracts as cash flow hedges of our future interest payments and elected to apply the “shortcut” method of assessing hedge effectiveness. As a result, the gains and losses on the swap contracts are reported as a component of other comprehensive loss and are reclassified into interest expense as the related interest payments are made. We included $0.2 million and $0.5 million of such interest expense in income from continuing operations during the quarters ended March 31, 2018 and March 31, 2017, respectively, and $0.6 million and $1.1 million during the six months ended March 31, 2018 and March 31, 2017, respectively. The fair values of the swap contracts are presented below.
| March 31, |  | September 30,
| 2018 |  | 2017
| (in millions)
Interest rate swap contracts, designated as cash flow hedges in assets: |  |  |
Other noncurrent assets | $ | 1.5 |  |  | $ | — |
| $ | 1.5 |  |  | $ | — |
Interest rate swap contracts, designated as cash flow hedges in liabilities: |  |  |
Other current liabilities | $ | — |  |  | $ | 1.2 |
Other noncurrent liabilities | — |  |  | 1.3 |
| $ | — |  |  | $ | 2.5 |
Currency swap contracts, not designated as hedges: |  |  |
Other noncurrent liabilities | $ | 1.0 |  |  | $ | 1.3 |
The fair values and the classification of the fair values between current and noncurrent portions are based on calculated cash flows using publicly available interest rate forward rate yield curve information, but amounts due at the actual settlement dates are dependent on actual rates in effect at the settlement dates and may differ significantly from amounts shown above.

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 The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration