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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Operating activities:      
Net income $ 3,032 $ 7,978 $ 7,814
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation expense 13,346 11,532 9,551
Amortization of intangible assets 13,547 7,505 6,439
Depreciation and amortization 1,401 1,439 1,504
Amortization of investment premiums & other 1,684 1,266 63
Accretion and amortization on debt securities 7,053 4,372 0
Net changes in estimated fair value of acquisition-related contingent consideration (1,358) 1,080 136
Deferred taxes (3,893) 105 1,903
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (10,813) (813) (361)
Contract assets (2,330) 1,150 (6,695)
Other assets 363 (1,331) 173
Accounts payable 2,183 (1,589) 277
Accrued payroll and related taxes (2,195) 2,687 2,343
Deferred revenue 1,850 1,790 3,141
Restructuring accrual 991 0 (1,562)
Other liabilities 1,490 170 (604)
Net cash provided by operating activities 26,351 37,341 24,122
Investing activities:      
Purchases of investments (47,818) (246,508) (44,725)
Sales and maturities of investments 173,316 89,956 20,822
Acquisitions, net of cash acquired (127,902) (12,549) 0
Purchases of property and equipment (1,126) (1,387) (803)
Net cash used in investing activities (3,530) (170,488) (24,706)
Financing activities:      
Proceeds from the issuance of convertible senior notes 0 155,250 0
Payment for convertible senior notes issuance costs 0 (5,513) 0
Purchase of 2026 convertible senior notes hedge 0 (33,192) 0
Proceeds from issuance of convertible senior notes warrants 0 23,909 0
Proceeds from the issuance of equity plan common stock 1,725 4,035 4,809
Repurchases and retirements of common stock (15,176) (190) (1,002)
Payment of acquisition-related contingent consideration (7,656) (782) (478)
Proceeds from other borrowings 0 251 217
Principal payments on other borrowings (36) (88) (143)
Net cash provided by (used in) financing activities (21,143) 143,680 3,403
Foreign currency effect on cash and cash equivalents 69 (207) 419
Net increase in cash and cash equivalents 1,747 10,326 3,238
Cash and cash equivalents at beginning of period 30,312 19,986 16,748
Cash and cash equivalents at end of period 32,059 30,312 19,986
Supplemental disclosures of cash flow information:      
Cash paid for interest 1,164 569 0
Cash paid for income taxes 750 741 (451)
Supplemental disclosures of non-cash investing and financing activities:      
Reclassification of convertible senior notes hedge and embedded conversion derivative to additional paid-in capital 28,516 0 0
Acquisition-related shares issued 1,836 0 0
Unrealized holding gain (loss) on available-for-sale investments $ 283 $ (165) $ 103