CASH, CASH EQUIVALENTS, RESTRICTED CASH AND SHORT-TERM INVESTMENTS (Tables)

3 Months Ended

Dec. 31, 2022

Cash and Cash Equivalents [Abstract]

Cash, cash equivalents, restricted cash and short-term investments

Cash, cash equivalents, and short-term investments consisted of the following as of December 31, 2022:


(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	124,825	$	—	$	—	$	124,825
Cash equivalents:
Money market funds (1)	300,785		—		(6)		300,779
Time deposits (2)	125,009		—		—		125,009

Total cash and cash equivalents	$	550,619	$	—	$	(6)	$	550,613


Short-term investments:
Time deposits (2)	245,000		—		—		245,000

Total short-term investments	$	245,000	$	—	$	—	$	245,000
Total cash, cash equivalents and short-term investments	$	795,619	$	—	$	(6)	$	795,613

(1)The fair value was determined using unadjusted prices in active, accessible markets for identical assets, and as such they were classified as Level 1 assets in the fair value hierarchy.

(2)Fair value approximates cost basis.

Cash, cash equivalents and short-term investments consisted of the following as of October 1, 2022:


(in thousands)	Amortized Cost		Unrealized Gains		Unrealized Losses		Estimated Fair Value
Current assets:
Cash	$	173,402	$	—	$	—	$	173,402
Cash equivalents:
Money market funds (1)	157,145		—		(20)		157,125
Time deposits (2)	225,010		—		—		225,010

Total cash and cash equivalents	$	555,557	$	—	$	(20)	$	555,537


Short-term investments:
Time deposits (2)	220,000		—		—		220,000

Total short-term investments	$	220,000	$	—	$	—	$	220,000
Total cash, cash equivalents and short-term investments	$	775,557	$	—	$	(20)	$	775,537

(1)The fair value was determined using unadjusted prices in active, accessible markets for identical assets, and as such they were classified as Level 1 assets in the fair value hierarchy.

(2)Fair value approximates cost basis.