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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Ordinary Shares
Additional Paid-in Capital
Treasury Stock
Accumulated Other Comprehensive (Loss) Income
[1]
Retained Earnings
Total Amdocs Limited Shareholders' Equity
Non-controlling Interests
Balance at Sep. 30, 2021   $ 4,516 $ 3,951,201 $ (6,223,317) $ 9,338 $ 5,850,937 $ 3,592,675  
Balance at Sep. 30, 2021 $ 3,635,184              
Beginning Balance at Sep. 30, 2021 [2]               $ 42,509
Balance, Shares at Sep. 30, 2021   124,866            
Comprehensive income:                
Net income [2] 549,501         549,501 549,501  
Net income attributable to noncontrolling interests 0              
Other comprehensive loss (81,814)       (81,814)   (81,814)  
Comprehensive income 0              
Comprehensive income 467,687              
Comprehensive income 467,687           467,687  
Employee stock options exercised 82,909 $ 17 82,892       82,909  
Employee stock options exercised, Shares   1,431            
Repurchase of shares (508,472)     (508,472)     (508,472)  
Repurchase of shares, Shares   (6,479)            
Cash dividends declared (188,852)         (188,852) (188,852)  
Issuance of restricted stock, net of forfeitures 15 $ 15         15  
Issuance of restricted stock, net of forfeitures, Shares   1,024            
Equity-based compensation expense related to employees 71,807   71,807       71,807  
Balance at Sep. 30, 2022   $ 4,548 4,105,900 (6,731,789) (72,476) 6,211,586 3,517,769  
Balance at Sep. 30, 2022 3,560,278              
Ending Balance at Sep. 30, 2022 [2]               42,509
Balance, Shares at Sep. 30, 2022   120,842            
Comprehensive income:                
Net income 542,962         540,709 540,709  
Net income attributable to noncontrolling interests 2,253             2,253 [2]
Other comprehensive loss 19,204       19,204   19,204  
Comprehensive income 2,253             2,253 [2]
Comprehensive income 562,166              
Comprehensive income 559,913           559,913  
Employee stock options exercised 48,667 $ 9 48,658       48,667  
Employee stock options exercised, Shares   800            
Repurchase of shares (489,524)     (489,524)     (489,524)  
Repurchase of shares, Shares   (5,424)            
Cash dividends declared (202,778)         (202,778) (202,778)  
Issuance of restricted stock, net of forfeitures 14 $ 14         14  
Issuance of restricted stock, net of forfeitures, Shares   1,130            
Equity-based compensation expense related to employees 89,698   89,698       89,698  
Distribution to noncontrolling interests [2] (1,589)             (1,589)
Balance at Sep. 30, 2023 3,523,759 $ 4,571 4,244,256 (7,221,313) (53,272) 6,549,517 3,523,759  
Balance at Sep. 30, 2023 3,566,932              
Ending Balance at Sep. 30, 2023 $ 43,173             43,173 [2]
Balance, Shares at Sep. 30, 2023 117,348 117,348            
Comprehensive income:                
Net income $ 496,321         493,197 493,197  
Net income attributable to noncontrolling interests 3,124             3,124 [2]
Other comprehensive loss 48,862       48,862   48,862  
Comprehensive income 3,124             3,124 [2]
Comprehensive income 545,183              
Comprehensive income 542,059           542,059  
Employee stock options exercised $ 26,934 $ 6 26,928       26,934  
Employee stock options exercised, Shares 434 434            
Repurchase of shares $ (563,121)     (563,121)     (563,121)  
Repurchase of shares, Shares (6,612) (6,612)            
Cash dividends declared $ (214,995)         (214,995) (214,995)  
Issuance of restricted stock, net of forfeitures 15 $ 15         15  
Issuance of restricted stock, net of forfeitures, Shares   1,173            
Employee share purchase plan 37,785 $ 6 37,779       37,785  
Employee share purchase plan, Share   548            
Equity-based compensation expense related to employees 104,540   104,540       104,540  
Distribution to noncontrolling interests [2] (4,096)             (4,096)
Balance at Sep. 30, 2024 3,456,976 $ 4,598 $ 4,413,503 $ (7,784,434) $ (4,410) $ 6,827,719 $ 3,456,976  
Balance at Sep. 30, 2024 3,499,177              
Ending Balance at Sep. 30, 2024 $ 42,201             $ 42,201 [2]
Balance, Shares at Sep. 30, 2024 112,891 112,891            
[1] As of September 30, 2024, 2023 and 2022, accumulated other comprehensive loss is comprised of unrealized gain (loss) on derivatives, net of tax, of $3,037, $(34,677) and $(46,580), unrealized loss on short-term interest-bearing investments, net of tax, of $(5,238) $(16,203) and $(22,797)and unrealized loss on defined benefit plan, net of tax, of $(2,209), $(2,392) and $(3,099).
[2] In fiscal year 2022, all of the Company’s net income is attributable to Amdocs Limited as the net income attributable to the Non-controlling interests is negligible. Starting fiscal year 2023, the Company distributes earnings to the noncontrolling interests, for further details please refer to Note 2.