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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income $ 97,643 $ 84,959
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,280 5,227
Share-based compensation 29,702 29,878
Deferred income taxes (8,507) 3,905
Net loss on marketable securities 348 592
Non-cash operating lease costs 3,779 4,115
Provision for doubtful accounts 369 325
Gain (Loss) on Disposition of Assets 1,941 0
Net loss on sales and abandonment of property and equipment 16 51
Changes in operating assets and liabilities:    
Accounts receivable 8,704 58,428
Prepaid expenses and other assets (5,823) 157
Accounts payable 168 (268)
Accrued compensation and employee benefits (37,883) (40,335)
Other liabilities (7,955) (14,904)
Deferred revenue 9,540 (7,249)
Net cash provided by operating activities 92,440 124,881
Cash flows from investing activities:    
Purchases of property and equipment (850) (895)
Proceeds from sales of marketable securities 2,393 129
Purchases of marketable securities (4,558) (2,763)
Proceeds from product line asset sales, net of cash transferred (7,575) 2,257
Net cash used in investing activities (10,590) (1,272)
Cash flows from financing activities:    
Proceeds from revolving line of credit and term loan 169,000 620,000
Payments on revolving line of credit and term loan (102,750) (788,000)
Proceeds from issuance of senior notes 0 550,000
Payments on debt issuance costs 0 (8,200)
Proceeds from issuance of treasury stock under employee stock plans 1,995 550
Taxes paid related to net share settlement of equity awards (72,865) (47,024)
Repurchases of common stock (75,004) (482,755)
Net cash used in financing activities (79,624) (155,429)
Effect of exchange rate changes on cash 4,428 (1,377)
Increase (decrease) in cash and cash equivalents 6,654 (33,197)
Cash and cash equivalents, beginning of period 133,202 195,354
Cash and cash equivalents, end of period 139,856 162,157
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net of refunds of $8 and $72 during the quarters ended December 31, 2022 and 2021, respectively 13,412 1,570
Cash paid for interest 37,730 19,396
Supplemental disclosures of non-cash investing and financing activities:    
Purchase of property and equipment included in accounts payable 37 67
Unsettled repurchases of common stock $ 0 $ 18,870