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Derivative Financial Instruments | 6 Months Ended
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Mar. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract] |
Derivative Financial Instruments | 5. Derivative Financial Instruments At March 31, 2019 and September 30, 2018, the Company’s Canadian subsidiary had CAN$14.3 million and CAD$20.4 million, respectively, of Canadian dollar denominated intercompany accounts payable owed to one of the Company’s U.S subsidiaries. In order to mitigate its exposure to movements in foreign currency rates between the U.S. dollar and Canadian dollar, the Company routinely enters into foreign currency forward contracts to hedge a portion of its exposure to changes in the value of the Canadian dollar. On March 29, 2019, the Company entered into a CAD$10.0 million 90-day hedge contract with a United States bank to reduce the impact on cash flows from movements in the Canadian dollar/U.S. dollar currency exchange rate, but has not been designated as a hedge for accounting purposes. The following table summarizes the gross fair value of all derivative instruments, which are not designated as hedging instruments and their location in the consolidated balance sheets (in thousands).
Derivative Instrument |  | Location |  | March 31, 2019 |  |  | September 30, 2018 |
Foreign Currency Forward Contracts |  | Accrued Expenses and Other Current Liabilities |  | $ | 41 |  |  | $ | 270 |
The following table summarizes the Company’s realized gains on derivative instruments included in the consolidated statements of operations for the three and six months ended March 31, 2019 and 2018 (in thousands):
|  |  |  | Three Months Ended |  |  | Six Months Ended |
Derivative Instrument |  | Location |  | March 31, 2019 |  |  | March 31, 2018 |  |  | March 31, 2019 |  |  | March 31, 2018 |
Foreign Currency Forward Contracts |  | Other Income (Expense) |  | $ | 217 |  |  | $ | 733 |  |  | $ | 639 |  |  | $ | 575 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
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