CASH AND CASH EQUIVALENTS

3 Months Ended

Dec. 31, 2016

Cash and Cash Equivalents [Abstract]

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

Cash equivalents consist of instruments with remaining maturities of three months or less at the date of purchase. In general, these investments are free of trading restrictions. We carry these investments at fair value, based on quoted market prices or other readily available market information.

Cash and cash equivalents consisted of the following as of December 31, 2016:



(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	173,540	$	—	$	—	$	173,540
Cash equivalents:
Money market funds	100,725		—		—		100,725
Time deposits	258,161		—		—		258,161
Commercial paper	45,000		—		—		45,000
Total cash and cash equivalents	$	577,426	$	—	$	—	$	577,426

Cash and cash equivalents consisted of the following as of October 1, 2016:



(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	118,335	$	—	$	—	$	118,335
Cash equivalents:
Money market funds	152,961		—		—		152,961
Time deposits	257,611		—		—		257,611
Commercial paper	19,000		—		—		19,000
Total cash and cash equivalents	$	547,907	$	—	$	—	$	547,907

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References + Details