| Schedule of Fair Value of Assets and Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Table 8.1: Fair Value Measurements |
|
As of March 31, 2024 |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Balance |
|
(in thousands) |
| Assets: |
|
|
|
|
|
|
|
| Deferred compensation assets - Rabbi Trust |
$ |
31,969 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
31,969 |
|
Interest rate swaps - $650 million notional value |
— |
|
|
22,614 |
|
|
— |
|
|
22,614 |
|
|
|
|
|
|
|
|
|
| Total assets |
$ |
31,969 |
|
|
$ |
22,614 |
|
|
$ |
— |
|
|
$ |
54,583 |
|
| Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Contingent consideration |
— |
|
|
— |
|
|
2,795 |
|
|
2,795 |
|
| Total liabilities |
$ |
— |
|
|
$ |
— |
|
|
$ |
2,795 |
|
|
$ |
2,795 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Table 8.2: Details of Changes in Accumulated Other Comprehensive Loss by Category |
|
Foreign currency translation adjustment |
|
Net unrealized gain on derivatives, net of tax |
|
Total |
|
(in thousands) |
| Balance as of September 30, 2023 |
$ |
(50,484) |
|
|
$ |
22,869 |
|
|
$ |
(27,615) |
|
| Other comprehensive income before reclassifications |
3,534 |
|
|
(54) |
|
|
3,480 |
|
| Amounts reclassified from accumulated other comprehensive loss |
133 |
|
|
(6,147) |
|
|
(6,014) |
|
| Net current period other comprehensive losses |
3,667 |
|
|
(6,201) |
|
|
(2,534) |
|
| Balance as of March 31, 2024 |
$ |
(46,817) |
|
|
$ |
16,668 |
|
|
$ |
(30,149) |
|
Movement in our contingent consideration balance is as follows:
|
|
|
|
|
|
| Table 8.3: Fair Value Measurement Using Significant Unobservable Inputs (Level 3) |
|
Contingent Consideration |
|
(in thousands) |
| Opening contingent consideration as of September 30, 2023 |
$ |
9,903 |
|
| Adjustments to fair value recorded in the period |
971 |
|
| Cash payments |
(8,168) |
|
| Foreign currency translations |
89 |
|
| Closing contingent consideration as of March 31, 2024 |
$ |
2,795 |
|
|