| Classes of Financial Assets and Financial Liabilities Measured and Recorded at Fair Value on Recurring Basis |
The following tables present financial assets and financial liabilities that are measured and recorded in the Company's financial statements at fair value on a recurring basis:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Fair Value Measurement Using |
| (In thousands) |
Total Fair Value |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
|
|
|
|
|
|
|
| September 2020 |
|
|
|
|
|
|
|
| Financial assets: |
|
|
|
|
|
|
|
| Cash equivalents: |
|
|
|
|
|
|
|
| Money market funds |
$ |
197,682 |
|
|
$ |
197,682 |
|
|
$ |
— |
|
|
$ |
— |
|
| Time deposits |
2,688 |
|
|
2,688 |
|
|
— |
|
|
— |
|
| Foreign currency exchange contracts |
2,768 |
|
|
— |
|
|
2,768 |
|
|
— |
|
|
|
|
|
|
|
|
|
| Investment securities |
54,841 |
|
|
54,841 |
|
|
— |
|
|
— |
|
| Financial liabilities: |
|
|
|
|
|
|
|
| Foreign currency exchange contracts |
7,245 |
|
|
— |
|
|
7,245 |
|
|
— |
|
| Interest rate swap agreements |
18,094 |
|
|
— |
|
|
18,094 |
|
|
— |
|
| Deferred compensation |
55,261 |
|
|
— |
|
|
55,261 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Fair Value Measurement Using |
| (In thousands) |
Total Fair Value |
|
Level 1 |
|
Level 2 |
|
Level 3 |
| December 2019 |
|
|
|
|
|
|
|
| Financial assets: |
|
|
|
|
|
|
|
| Cash equivalents: |
|
|
|
|
|
|
|
| Money market funds |
$ |
25,706 |
|
|
$ |
25,706 |
|
|
$ |
— |
|
|
$ |
— |
|
| Time deposits |
4,788 |
|
|
4,788 |
|
|
— |
|
|
— |
|
| Foreign currency exchange contracts |
5,563 |
|
|
— |
|
|
5,563 |
|
|
— |
|
|
|
|
|
|
|
|
|
| Investment securities |
59,922 |
|
|
56,437 |
|
|
3,485 |
|
|
— |
|
| Financial liabilities: |
|
|
|
|
|
|
|
| Foreign currency exchange contracts |
2,795 |
|
|
— |
|
|
2,795 |
|
|
— |
|
| Interest rate swap agreements |
3,089 |
|
|
— |
|
|
3,089 |
|
|
— |
|
| Deferred compensation |
60,129 |
|
|
— |
|
|
60,129 |
|
|
— |
|
|