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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 113,209 $ 73,388
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 15,535 15,786
Share-based compensation 45,933 42,336
Deferred income taxes (1,213) 74
Net loss on marketable securities 2,526 1,300
Amortization of Leased Asset 10,000 0
Provision for doubtful accounts, net 2,459 391
Net (gain) loss on sales of property and equipment 59 (5)
Changes in operating assets and liabilities:    
Accounts receivable (13,823) (5,015)
Prepaid expenses and other assets (19,656) (12,219)
Accounts payable 1,833 (2,210)
Accrued compensation and employee benefits (37,339) (16,970)
Other liabilities (4,659) (2,672)
Deferred revenue 6,995 2,462
Net Cash Provided by (Used in) Operating Activities 121,859 96,646
Cash flows from investing activities:    
Purchases of property and equipment (13,166) (10,644)
Proceeds from sales of marketable securities 3,385 2,267
Purchases of marketable securities (5,232) (4,396)
Distribution from other investments 55 0
Net Cash Provided by (Used in) Investing Activities (14,958) (12,773)
Cash flows from financing activities:    
Proceeds from revolving line of credit 156,000 138,000
Payments on revolving line of credit (377,000) (80,000)
Proceeds from issuance of senior notes 350,000 0
Payments on debt issuance costs (6,840) 0
Payment from finance lease (712) 0
Proceeds from issuance of treasury stock under employee stock plans 23,216 12,850
Taxes paid related to net share settlement of equity awards (97,000) (48,470)
Repurchases of common stock (148,008) (119,723)
Net Cash Provided by (Used in) Financing Activities (100,344) (97,343)
Effect of exchange rate changes on cash (4,017) 332
Increase (decrease) in cash and cash equivalents 2,540 (13,138)
Cash and cash equivalents, beginning of period 106,426 90,023
Cash and cash equivalents, end of period 108,966 76,885
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net of refunds 4,475 7,962
Interest Paid, Excluding Capitalized Interest, Operating Activities 16,181 19,686
Supplemental disclosures of non-cash investing and financing activities:    
Purchase of property and equipment included in accounts payable 1,920 77
Repurchases of Common Stock Incurred Not Yet Paid 8,002 0
Finance lease obligations incurred $ 5,148 $ 0