FAIR VALUE (Tables)

12 Months Ended

Sep. 30, 2014

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The fair value of our foreign currency forward contract assets and liabilities, deferred compensation plan assets and liabilities, post-retirement insurance plan assets and interest rate swap liabilities were measured at fair value on a recurring basis as follows, by category of inputs, as of September 30, 2013 (in thousands):



	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total Fair Value
Assets:
Foreign currency forward contracts (1)	—		150			—		150
Deferred compensation plan assets (2)	—		3,746			—		3,746
Post-retirement insurance plan assets (2)	—		713			—		713
Liabilities:
Foreign currency forward contracts (3)	—		(28		)	—		(28		)
Interest rate swap (4)	—		(5,613		)	—		(5,613		)
Deferred compensation plan liabilities (4)	—		(3,916		)	—		(3,916		)
Total	$	—	$	(4,948	)	$	—	$	(4,948	)


(1)	Included in prepaid expenses and other current assets in our consolidated balance sheet.


(2)	Included in other assets in our consolidated balance sheet.


(3)	Included in accrued expenses and other current liabilities in our consolidated balance sheet.


(4)	Included in other liabilities in our consolidated balance sheet.

The fair value of our deferred compensation plan assets and liabilities, post-retirement insurance plan assets, interest rate swap liabilities and foreign currency forward contracts were measured at fair value on a recurring basis as follows, by category of inputs, as of September 30, 2014 (in thousands):



	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)			Total Fair Value
Assets:
Foreign currency forward contracts (1)	$	—	$	187		$	—		$	187
Deferred compensation plan assets (2)	—		5,019			—			5,019
Post-retirement insurance plan assets (2)	—		743			—			743
Liabilities:
Foreign currency forward contracts (3)	—		(520		)	—			(520		)
Interest rate swap (4)	—		(2,579		)	—			(2,579		)
Deferred compensation plan liabilities (4)	—		(4,672		)	—			(4,672		)
Share-based liabilities	$	—	$	—		(1,441		)	(1,441		)
Total	$	—	$	(1,822	)	$	(1,441	)	$	(3,263	)


(1)	Included in prepaid expenses and other current assets in our consolidated balance sheets.


(2)	Included in other assets in our consolidated balance sheets.


(3)	Included in accrued expenses and other current liabilities in our consolidated balance sheets.


(4)	Included in other liabilities in our consolidated balance sheets.

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References+ Details

Epicor Software Corp 10-K