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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2016
Accounting Policies [Abstract]  
Deferred Revenue
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