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Stock-Based Employee Benefit Plans (Tables)
 12 Months Ended
Sep. 30, 2022
Share-based Payment Arrangement [Abstract]  
Assumptions Used to Estimate Fair Value of Stock Options We used the following assumptions to estimate the fair value of our stock options during fiscal 2022, 2021 and 2020:
 Year Ended September 30,
 202220212020
Stock Options:
Weighted-average expected term (years)4.434.474.46
Expected volatility (range)32.9 -34.1 %33.6 -34.4 %30.0 -35.9 %
Weighted-average volatility33.2 %33.9 %30.6 %
Risk-free interest rate (range)1.18 -2.85 %0.29 -0.73 %0.36 -1.68 %
Weighted-average expected dividend yield— %— %— %
Summary of Option Activity
The following table summarizes option activity during fiscal 2022: 
SharesWeighted-
average
Exercise
Price		Weighted-
average
Remaining
Contractual
Term		Aggregate
Intrinsic Value
 (In thousands) (In years)(In thousands)
Outstanding at September 30, 2021226 $205.90 
Granted23 451.70 
Exercised(36)87.84 
Forfeited(4)523.43 
Outstanding at September 30, 2022209 $247.56 3.28$36,373 
Exercisable at September 30, 2022159 $214.74 2.82$32,118 
Vested or expected to vest at September 30, 2022207 $246.35 3.27$36,344 
Summary of Restricted Stock Unit and Market Stock Unit Activity
The following table summarizes the RSUs activity during fiscal 2022: 
SharesWeighted-average Grant-date Fair Value
(In thousands)
Outstanding at September 30, 2021517 $335.16 
Granted224 416.62 
Released(236)276.82 
Forfeited(90)401.31 
Outstanding at September 30, 2022415 $398.07 
The following table summarizes the MSUs activity during fiscal 2022:
SharesWeighted- average Grant-date Fair Value
(In thousands)
Outstanding at September 30, 202163 $541.41 
Granted50 493.66 
Released(19)206.71 
Forfeited(2)467.87 
Outstanding at September 30, 202292 $586.91 
Summary of Performance Stock Unit Activity
The following table summarizes the PSUs activity during fiscal 2022: 
SharesWeighted- average Grant-date Fair Value
(In thousands)
Outstanding at September 30, 2021126 $403.61 
Granted84 407.49 
Released(64)344.62 
Forfeited(2)354.18 
Outstanding at September 30, 2022144 $432.73 
Assumptions Used to Estimate Fair Value of Market Stock Units We used the following assumptions to estimate the fair value of our MSUs during fiscal 2022, 2021 and 2020:
 Year Ended September 30,
 202220212020
Expected volatility in FICO’s stock price
42.3 %41.3 %25.2 %
Expected volatility in Russell 3000 Index23.3 %23.7 %12.9 %
Correlation between FICO and the Russell 3000 Index
74.7 %77.5 %64.0 %
Risk-free interest rate0.97 %0.20 %1.67 %
Average expected dividend yield— %— %— %