INVESTMENTS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INVESTMENTS |
INVESTMENTS:
Equity and fixed income mutual funds are classified as trading securities and recorded at fair value. The market value of these investments exceeded cost by $838 and $785 at September 30, 2018 and 2017, respectively. Realized and unrealized gains and losses are recorded in investment income. Realized gains (losses) for fiscal 2018, 2017 and 2016 were not material. Other investments include ownership interests in various entities of less than 20%, which are recorded under the cost-method of accounting.
At September 30, 2018 and 2017, non-current investments were as follows:
During fiscal 2018, the Company purchased an $11,747 ownership interest in a company in the SGK Brand Solutions segment, which was recorded as a cost-method investment. In fiscal 2018, the Company also sold certain of its cost-method investments for net proceeds totaling $9,159. In connection with these dispositions, the Company recognized $3,771 of pre-tax gains within other income (deductions), net.
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- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for investments in certain debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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