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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 6,171 $ 2,816
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 8,582 7,112
Amortization of intangible assets 5,241 4,786
Depreciation and amortization 1,120 1,143
Amortization of investment premiums & other 774 (3)
Accretion and amortization on debt securities 3,080 0
Net changes in estimated fair value of acquisition-related contingent consideration 0 98
Deferred taxes (263) 748
Changes in assets and liabilities:    
Accounts receivable (2,681) 2,109
Contract assets 2,326 (4,802)
Other assets (1,468) (175)
Accounts payable (1,397) 724
Accrued payroll and related taxes 428 919
Deferred revenue 2,928 3,947
Restructuring accrual 0 (1,324)
Other liabilities 175 (723)
Net cash provided by operating activities 25,016 17,375
Investing activities:    
Purchases of investments (186,444) (32,282)
Sales and maturities of investments 52,536 17,272
Acquisitions, net of cash acquired (12,549) 0
Purchases of property and equipment (966) (520)
Net cash used in investing activities (147,423) (15,530)
Financing activities:    
Proceeds from the issuance of convertible senior notes 155,250 0
Payment for convertible senior notes issuance costs (5,513) 0
Purchase of 2026 convertible senior notes hedge (33,192) 0
Proceeds from issuance of convertible senior notes warrants 23,909 0
Proceeds from the issuance of equity plan common stock 2,992 1,644
Repurchases and retirements of common stock 0 (1,002)
Payment of acquisition-related contingent consideration (783) (478)
Proceeds from other borrowings 251 217
Principal payments on other borrowings (68) (121)
Net cash provided by financing activities 142,846 260
Foreign currency effect on cash and cash equivalents 124 85
Net increase in cash and cash equivalents 20,563 2,190
Cash and cash equivalents at beginning of period 19,986 16,748
Cash and cash equivalents at end of period 40,549 18,938
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 556 0
Supplemental disclosures of non-cash investing and financing activities:    
Unrealized holding gain (loss) on available for sale investments $ (175) $ 156