Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v2.3.0.15
Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2011
Fair Value Measurements  
Financial assets and liabilities at carrying value and fair value and the level within the fair value hierarchy

 

 

 

Carrying
Value at
September 30,

 

Fair Value at September 30, 2011
Using Inputs Considered as:

 

 

 

2011

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

115.5

 

$

115.5

 

$

—

 

$

—

 

Equity investments

 

3.6

 

2.6

 

—

 

1.0

 

Investments in rabbi trust

 

5.2

 

5.2

 

—

 

—

 

Derivative instruments

 

0.4

 

—

 

0.4

 

—

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

Revolving credit facility

 

283.0

 

—

 

277.9

 

—

 

$150 senior unsecured notes

 

148.5

 

157.6

 

—

 

—

 

 

 

 

Carrying
Value at
September 30,

 

Fair Value at September 30, 2010
Using Inputs Considered as:

 

 

 

2010

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

98.4

 

$

98.4

 

$

—

 

$

—

 

Auction rate securities

 

11.9

 

—

 

11.9

 

—

 

Forethought Note

 

144.8

 

—

 

—

 

127.0

 

Equity investments

 

3.0

 

—

 

—

 

3.0

 

Investments in rabbi trust

 

5.7

 

5.7

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

Revolving credit facility

 

255.0

 

—

 

241.8

 

—

 

$150 senior unsecured notes

 

148.4

 

158.0

 

—

 

—

 

Derivative instruments

 

0.1

 

—

 

0.1

 

—

 

Schedule of reconciliation of the beginning and ending balances of assets measured at fair value using significant unobservable inputs (Level 3)

 

 

 

Fair Value Measurements
Using Significant Unobservable Inputs

 

 

 

Auction
Rate
Securities

 

Put right

 

Forethought
Note

 

Equity
Investments

 

Balance at September 30, 2009

 

$

47.2

 

$

1.7

 

$

109.0

 

$

3.0

 

Total realized and unrealized gains or (losses):

 

 

 

 

 

 

 

 

 

Included in earnings, net

 

(1.4

)

(1.7

)

—

 

—

 

Included in other comprehensive income

 

1.5

 

—

 

—

 

—

 

Change in fair value, disclosure only

 

—

 

—

 

28.0

 

—

 

Purchases, issuances and settlements

 

(35.4

)

—

 

(10.0

)

—

 

Transfers in and/or (out) of Level 3

 

(11.9

)

—

 

—

 

—

 

Balance at September 30, 2010

 

$

—

 

$

—

 

$

127.0

 

$

3.0

 

Total realized and unrealized gains or (losses):

 

 

 

 

 

 

 

 

 

Included in earnings, net

 

 

 

 

 

—

 

—

 

Included in other comprehensive income

 

 

 

 

 

—

 

—

 

Change in fair value, disclosure only

 

 

 

 

 

24.2

 

—

 

Purchases, issuances and settlements

 

 

 

 

 

(151.2

)

—

 

Transfers in and/or (out) of Level 3

 

 

 

 

 

—

 

(2.0

)

Balance at September 30, 2011

 

 

 

 

 

$

—

 

$

1.0