| Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis |
Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on our Condensed Consolidated Balance Sheets as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of September 30, 2019 (In thousands)
|
Total
|
|
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
Little or No Market Activity
Inputs
(Level 3)
|
|
Assets
|
|
|
|
|
|
|
|
|
Cash equivalents:
|
|
|
|
|
|
|
|
|
Corporate debt securities
|
$
|
3,903
|
|
|
$
|
—
|
|
|
$
|
3,903
|
|
|
$
|
—
|
|
|
Money market funds and other
|
399,036
|
|
|
399,036
|
|
|
—
|
|
|
—
|
|
|
U.S. Government agency securities
|
1,500
|
|
|
—
|
|
|
1,500
|
|
|
—
|
|
|
U.S. Treasury securities
|
5,995
|
|
|
—
|
|
|
5,995
|
|
|
—
|
|
|
Marketable securities:
|
|
|
|
|
|
|
|
|
Corporate debt securities
|
416,394
|
|
|
—
|
|
|
416,394
|
|
|
—
|
|
|
Municipal securities
|
1,906
|
|
|
—
|
|
|
1,906
|
|
|
—
|
|
|
Sovereign securities
|
6,014
|
|
|
—
|
|
|
6,014
|
|
|
—
|
|
|
U.S. Government agency securities
|
102,829
|
|
|
102,829
|
|
|
—
|
|
|
—
|
|
|
U.S. Treasury securities
|
224,519
|
|
|
212,705
|
|
|
11,814
|
|
|
—
|
|
|
Total cash equivalents and marketable securities
(1)
|
1,162,096
|
|
|
714,570
|
|
|
447,526
|
|
|
—
|
|
|
Other current assets:
|
|
|
|
|
|
|
|
|
Derivative assets
|
3,608
|
|
|
—
|
|
|
3,608
|
|
|
—
|
|
|
Other non-current assets:
|
|
|
|
|
|
|
|
|
Executive Deferred Savings Plan
|
206,235
|
|
|
158,411
|
|
|
47,824
|
|
|
—
|
|
|
Total financial assets
(1)
|
$
|
1,371,939
|
|
|
$
|
872,981
|
|
|
$
|
498,958
|
|
|
$
|
—
|
|
|
Liabilities
|
|
|
|
|
|
|
|
|
Derivative liabilities
|
$
|
(2,669
|
)
|
|
$
|
—
|
|
|
$
|
(2,669
|
)
|
|
$
|
—
|
|
|
Deferred payments
|
(8,800
|
)
|
|
—
|
|
|
—
|
|
|
(8,800
|
)
|
|
Contingent consideration payable
|
(19,292
|
)
|
|
—
|
|
|
—
|
|
|
(19,292
|
)
|
|
Total financial liabilities
|
$
|
(30,761
|
)
|
|
$
|
—
|
|
|
$
|
(2,669
|
)
|
|
$
|
(28,092
|
)
|
________________
(1) Excludes cash of
$503.5 million
held in operating accounts and time deposits of
$85.9 million
as of
September 30, 2019
.
Financial assets (excluding cash held in operating accounts and time deposits) and liabilities measured at fair value on a recurring basis, as of the date indicated below, were presented on our Condensed Consolidated Balance Sheets as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2019 (In thousands)
|
Total
|
|
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
Little or No Market Activity
Inputs
(Level 3)
|
|
Assets
|
|
|
|
|
|
|
|
|
Cash equivalents:
|
|
|
|
|
|
|
|
|
Corporate debt securities
|
$
|
10,988
|
|
|
$
|
—
|
|
|
$
|
10,988
|
|
|
$
|
—
|
|
|
Money market funds and other
|
352,708
|
|
|
352,708
|
|
|
—
|
|
|
—
|
|
|
U.S. Government agency securities
|
27,994
|
|
|
—
|
|
|
27,994
|
|
|
—
|
|
|
U.S. Treasury securities
|
55,858
|
|
|
—
|
|
|
55,858
|
|
|
—
|
|
|
Marketable securities:
|
|
|
|
|
|
|
|
|
Corporate debt securities
|
422,089
|
|
|
—
|
|
|
422,089
|
|
|
—
|
|
|
Municipal securities
|
1,913
|
|
|
—
|
|
|
1,913
|
|
|
—
|
|
|
Sovereign securities
|
5,994
|
|
|
—
|
|
|
5,994
|
|
|
—
|
|
|
U.S. Government agency securities
|
131,224
|
|
|
131,224
|
|
|
—
|
|
|
—
|
|
|
U.S. Treasury securities
|
151,838
|
|
|
151,838
|
|
|
—
|
|
|
—
|
|
|
Total cash equivalents and marketable securities
(1)
|
1,160,606
|
|
|
635,770
|
|
|
524,836
|
|
|
—
|
|
|
Other current assets:
|
|
|
|
|
|
|
|
|
Derivative assets
|
2,557
|
|
|
—
|
|
|
2,557
|
|
|
—
|
|
|
Other non-current assets:
|
|
|
|
|
|
|
|
|
Executive Deferred Savings Plan
|
207,581
|
|
|
158,021
|
|
|
49,560
|
|
|
—
|
|
|
Total financial assets
(1)
|
$
|
1,370,744
|
|
|
$
|
793,791
|
|
|
$
|
576,953
|
|
|
$
|
—
|
|
|
Liabilities
|
|
|
|
|
|
|
|
|
Derivative liabilities
|
$
|
(3,334
|
)
|
|
$
|
—
|
|
|
$
|
(3,334
|
)
|
|
$
|
—
|
|
|
Deferred payments
|
(8,800
|
)
|
|
—
|
|
|
—
|
|
|
(8,800
|
)
|
|
Contingent consideration payable
|
(14,005
|
)
|
|
—
|
|
|
—
|
|
|
(14,005
|
)
|
|
Total financial liabilities
|
$
|
(26,139
|
)
|
|
$
|
—
|
|
|
$
|
(3,334
|
)
|
|
$
|
(22,805
|
)
|
________________
(1) Excludes cash of
$479.8 million
held in operating accounts and time deposits of
$99.0 million
as of
June 30, 2019
.
|