Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2
Fair Value Measurements (Tables)
9 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities
Table 8.1: Fair Value Measurements
As of June 30, 2022
Level 1 Level 2 Level 3 Balance
(in thousands)
Assets:
Deferred compensation assets - Rabbi Trust $ 23,970  $ —  $ —  $ 23,970 
Interest rate swap —  21,864  —  21,864 
Total assets $ 23,970  $ 21,864  $ —  $ 45,834 
Liabilities:
Contingent consideration $ —  $ —  $ 18,892  $ 18,892 
Total liabilities $ —  $ —  $ 18,892  $ 18,892 
The following table presents a reconciliation of the contingent consideration which is measured and recorded at fair value on a recurring basis using Level 3 inputs:
Table 8.2: Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
Contingent Consideration
(in thousands)
Balance as of September 30, 2021 $ 270 
Contingent consideration from current year acquisitions
20,967 
Adjustments to fair value recorded in the current year
(2,095)
Foreign currency translations
(250)
Balance as of June 30, 2022 $ 18,892