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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:      
Net income $ 236,411 $ 192,124 $ 126,482
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 30,367 31,612 30,182
Share-based compensation 93,681 82,973 74,814
Deferred income taxes (8,639) 7,701 10,584
Non-cash operating lease costs 20,011    
Impairment loss on operating lease assets 28,016    
Provision of doubtful accounts 3,199 518 623
Net gain (loss) on marketable securities (2,071) 761 (1,449)
Gain on sale of equity investments 0 0 (10,000)
Net loss on sales and abandonment of property and equipment 5,249 127 231
Changes in operating assets and liabilities:      
Accounts receivable (59,889) (36,176) (8,266)
Prepaid expenses and other assets (960) (55,507) (9,790)
Accounts payable 1,059 1,885 843
Accrued compensation and employee benefits 12,065 22,380 7,352
Other liabilities 693 1,463 6,246
Deferred revenue 5,724 10,489 (4,800)
Net cash provided by operating activities 364,916 260,350 223,052
Cash flows from investing activities:      
Purchases of property and equipment (21,989) (23,981) (31,299)
Proceeds from sales of marketable securities 3,470 3,480 3,230
Purchases of marketable securities (6,119) (6,404) (6,050)
Distribution from equity investments 0 0 20,000
Distribution from equity investments 55 0 0
Cash paid for acquisitions, net of cash acquired 0 (15,855) 0
Net cash used in investing activities (24,583) (42,760) (14,119)
Cash flows from financing activities:      
Proceeds from revolving line of credit 263,000 229,000 427,000
Payments on revolving line of credit (513,000) (141,000) (531,000)
Proceeds from issuance of senior notes 350,000 0 400,000
Payments on senior notes (85,000) (28,000) (131,000)
Payments on debt issuance costs (6,840) 0 (7,849)
Payments on finance leases (1,716) (945) 0
Proceeds from issuance of treasury stock under employee stock plans 42,258 22,788 11,023
Taxes paid related to net share settlement of equity awards (102,903) (52,996) (44,205)
Repurchases of common stock (235,223) (228,894) (342,596)
Net cash used in financing activities (289,424) (200,047) (218,627)
Effect of exchange rate changes on cash 59 (1,140) (5,901)
Increase (decrease) in cash and cash equivalents 50,968 16,403 (15,595)
Cash and cash equivalents, beginning of year 106,426 90,023 105,618
Cash and cash equivalents, end of year 157,394 106,426 90,023
Supplemental disclosures of cash flow information:      
Cash paid for income taxes, net of refunds of $1,931, $1,372 and $3,079 during the years ended September 30, 2020, 2019 and 2018, respectively 10,152 18,779 13,398
Cash paid for interest 37,735 39,924 26,106
Supplemental disclosures of non-cash investing and financing activities:      
Finance lease obligation incurred 1,387 5,803 0
Purchase of property and equipment included in accounts payable $ 166 $ 1,448 $ 1,913