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Supplementary Financial Data (Unaudited)
12 Months Ended
Sep. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Financial Data (Unaudited)
Supplementary Financial Data (Unaudited)
The following table presents selected unaudited consolidated financial results for each of the eight quarters in the two-year period ended September 30, 2016. In the opinion of management, this unaudited information has been prepared on the same basis as the audited information and includes all adjustments (consisting of only normal recurring adjustments, except as noted below) necessary for a fair statement of the consolidated financial information for the period presented.
 
 
Quarter Ended
 
September 30,
2016
 
June 30,
2016
 
March 31,
2016
 
December 31,
2015
 
(In thousands, except per share data)
Revenues
$
235,824

 
$
238,778

 
$
206,678

 
$
200,076

Cost of revenues (1)
74,298

 
66,384

 
62,298

 
62,193

Gross profit
161,526

 
172,394

 
144,380

 
137,883

Net income
$
32,104

 
$
34,987

 
$
23,116

 
$
19,241

Earnings per share (2):
 
 
 
 
 
 
 
Basic
$
1.04

 
$
1.12

 
$
0.74

 
$
0.62

Diluted
$
1.00

 
$
1.08

 
$
0.72

 
$
0.59

Shares used in computing earnings per share:
 
 
 
 
 
 
 
Basic
30,916

 
31,149

 
31,268

 
31,185

Diluted
32,221

 
32,313

 
32,262

 
32,436

 
 
Quarter Ended
 
September 30,
2015
 
June 30,
2015
 
March 31,
2015
 
December 31,
2014
 
(In thousands, except per share data)
Revenues
$
232,756

 
$
209,366

 
$
207,109

 
$
189,550

Cost of revenues (1)
67,042

 
66,202

 
70,991

 
66,300

Gross profit
165,714

 
143,164

 
136,118

 
123,250

Net income
$
33,319

 
$
19,906

 
$
18,870

 
$
14,407

Earnings per share (2):
 
 
 
 
 
 
 
Basic
$
1.07

 
$
0.64

 
$
0.60

 
$
0.45

Diluted
$
1.03

 
$
0.62

 
$
0.58

 
$
0.43

Shares used in computing earnings per share:
 
 
 
 
 
 
 
Basic
31,214

 
31,118

 
31,335

 
31,936

Diluted
32,494

 
32,363

 
32,448

 
33,128

 

(1)
Cost of revenues excludes amortization expense of $1.7 million, $1.9 million, $1.9 million, $1.9 million, $1.8 million, $1.9 million, $1.9 million and $1.8 million for the quarters ended September 30, 2016, June 30, 2016March 31, 2016December 31, 2015September 30, 2015June 30, 2015, March 31, 2015 and December 31, 2014, respectively.
(2)
Earnings per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share amounts may not equal the totals for the respective years.