Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2016

Deferred revenue consisted of the following:



	September 30,
	2016		2015
	(in thousands)
Deferred subscription revenue	$	102,847	$	37,478
Deferred support revenue	297,684		331,793
Deferred perpetual license revenue	4,151		4,940
Deferred professional services revenue	8,975		12,639
Total deferred revenue	$	413,657	$	386,850

Marketable Securities

The amortized cost and fair value of marketable securities as of September 30, 2016 were as follows:



	September 31, 2016
	Amortized cost		Gross unrealized gains		Gross unrealized losses			Fair value
	(in thousands)
Certificates of deposit	$	681	$	—	$	—		$	681
Commercial paper	11,945		—		(20		)	11,925
Corporate notes/bonds	34,701		—		(100		)	34,601
US government agency securities	2,411		—		(2		)	2,409
	$	49,738	$	—	$	(122	)	$	49,616

Investments Classified by Contractual Maturity Date

The following table presents our available-for-sale marketable securities by contractual maturity date, as of September 31, 2016.



	September 31, 2016
	Amortized cost		Fair value
	(in thousands)
Due in one year or less	$	18,585	$	18,549
Due after one year through three years	31,153		31,067
	$	49,738	$	49,616

Financial Assets And Liabilities Measured At Fair Value On Recurring Basis

Our significant financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 and 2015 were as follows:



	September 30, 2016
	Level 1		Level 2		Level 3		Total
	(in thousands)
Financial assets:
Cash equivalents (1)	$	60,139	$	—	$	—	$	60,139
Marketable securities
Certificates of deposit	—		681		—		681
Commercial paper	—		11,925		—		11,925
Corporate notes/bonds	34,601		—		—		34,601
U.S. government agency securities	—		2,409		—		2,409
Forward contracts	—		260		—		260
	$	94,740	$	15,275	$	—	$	110,015
Financial liabilities:
Contingent consideration related acquisitions	$	—	$	—	$	19,570	$	19,570
Forward contracts	—		3,170		—		3,170
	$	—	$	3,170	$	19,570	$	22,740



	September 30, 2015
	Level 1		Level 2		Level 3		Total
	(in thousands)
Financial assets:
Cash equivalents (1)	$	91,216	$	—	$	—	$	91,216
Forward contracts	—		507		—		507
	$	91,216	$	507	$	—	$	91,723
Financial liabilities:
Contingent consideration related to acquisitions	$	—	$	—	$	13,000	$	13,000
Forward contracts	—		46		—		46
	$	—	$	46	$	13,000	$	13,046

(1) Money market funds and time deposits.

Changes in fair value of contingent consideration

Changes in the fair value of Level 3 contingent consideration liability associated with our acquisitions of ThingWorx, ColdLight and Kepware were as follows:



	Contingent Consideration
	(in thousands)
	ThingWorx			ColdLight			Kepware		Total
Balance at October 1, 2014	$	15,191		$	—		$	—	$	15,191
Contingent consideration at acquisition	—			3,800			—		3,800
Change in fair value of contingent consideration	2,809			200			—		3,009
Payment of contingent consideration	(9,000		)	—			—		(9,000		)
Balance at October 1, 2015	9,000			4,000			—		13,000
Contingent consideration at acquisition	—			—			16,900		16,900
Change in fair value of contingent consideration	—			1,000			170		1,170
Payment of contingent consideration	(9,000		)	(2,500		)	—		(11,500		)
Balance at September 30, 2016	$	—		$	2,500		$	17,070	$	19,570

Financing Receivable Credit Quality Indicators

Our credit risk assessment for financing receivables was as follows:



	September 30,
	2016		2015
	(in thousands)
S&P bond rating BBB- and above-Tier 1	$	5,953	$	16,841
Internal Credit Assessment-Tier 2	1,182		10,593
Internal Credit Assessment-Tier 3	—		—
Total financing receivables	$	7,135	$	27,434

Earnings Per Share Basic And Diluted

The following table presents the calculation for both basic and diluted EPS:



	Year ended September 30,
	2016			2015		2014
	(in thousands, except per share data)
Net income (loss)	$	(54,465	)	$	47,557	$	160,194
Weighted average shares outstanding	114,612			114,775		118,094
Dilutive effect of employee stock options, restricted shares and restricted stock units	—			1,237		1,890
Diluted weighted average shares outstanding	114,612			116,012		119,984
Basic earnings per share	$	(0.48	)	$	0.41	$	1.36
Diluted earnings per share	$	(0.48	)	$	0.41	$	1.34