The following table summarizes the fair value of our assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2026 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at March 31, 2026 | | Quoted Prices in Active Markets for Identical Assets (Level 1) | | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | | Fair Value at March 31, 2026 | | Assets: | | | | | | | | | Cash and cash equivalents | $ | 537,712 | | | $ | — | | | $ | — | | | $ | 537,712 | | | Short-term investments | 7,177 | | | — | | | — | | | 7,177 | | | | | | | | | | | Rabbi trust assets | — | | | 15,050 | | | — | | | 15,050 | | | Liabilities: | | | | | | | | | Deferred compensation | — | | | 14,831 | | | — | | | 14,831 | | | Contingent future payments related to the acquisition of Remsdaq | — | | | — | | | 2,574 | | | 2,574 | |
The following table summarizes the fair value of our assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at September 30, 2025 | | Quoted Prices in Active Markets for Identical Assets (Level 1) | | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | | Fair Value at September 30, 2025 | | Assets: | | | | | | | | | Cash and cash equivalents | $ | 450,739 | | | $ | — | | | $ | — | | | $ | 450,739 | | | Short-term investments | 24,788 | | | — | | | — | | | 24,788 | | | | | | | | | | | Rabbi trust assets | — | | | 13,931 | | | — | | | 13,931 | | | Liabilities: | | | | | | | | | Deferred compensation | — | | | 13,707 | | | — | | | 13,707 | | | Contingent future payments related to the acquisition of Remsdaq | — | | | — | | | 2,344 | | | 2,344 | |
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