Segment and Geographic Information (Tables)

9 Months Ended

Jun. 27, 2020

Summary of Revenue and Profit Attributable to Our Operating Segments

The revenue and profit attributable to our operating segments are summarized below. We do not produce asset information by reportable segment; therefore, it is not reported.

(in thousands)	Three months ended						Nine months ended
	June 27, 2020			June 29, 2019			June 27, 2020			June 29, 2019
Software Products
Revenue	$	317,394		$	253,405		$	955,840		$	796,169
Operating costs⁽¹⁾		95,198			94,829			292,302			280,370
Profit		222,196			158,576			663,538			515,799

Professional Services
Revenue		34,327			42,081			111,594			124,457
Operating costs⁽²⁾		29,850			34,326			97,022			98,515
Profit		4,477			7,755			14,572			25,942

Total segment revenue		351,721			295,486			1,067,434			920,626
Total segment costs		125,048			129,155			389,324			378,885
Total segment profit		226,673			166,331			678,110			541,741

Unallocated operating expenses:
Sales and marketing expenses		95,187			102,332			295,631			291,028
General and administrative expenses		28,005			26,310			82,719			77,937
Restructuring and other charges, net		62			(9	)		32,338			45,464
Intangibles amortization		14,159			12,793			41,902			38,218
Stock-based compensation		25,185			15,234			73,605			71,608
Other unallocated operating expenses⁽³⁾		674			366			8,064			995
Total operating income		63,401			9,305			143,851			16,491

Interest expense		(19,660	)		(10,816	)		(64,376	)		(32,475	)
Other income (expense), net		775			1,026			(150	)		2,501
Income (loss) before income taxes	$	44,516		$	(485	)	$	79,325		$	(13,483	)

(1)	Operating costs for the Software Products segment include all costs of software revenue and research and development costs, excluding stock-based compensation and intangible amortization.

(2)	Operating costs for the Professional Services segment include all cost of professional services revenue, excluding stock-based compensation and fair value adjustments for deferred services costs.

(3)	Other unallocated operating expenses include acquisition-related and other transactional costs and fair value adjustments for deferred services costs.

Summary of Revenue for Geographic Regions

Our international revenue is presented based on the location of our customer. Revenue for the geographic regions in which we operate is presented below.

(in thousands)	Three months ended				Nine months ended
Revenue	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Americas	$	156,221	$	122,867	$	466,188	$	384,437
Europe		121,317		112,083		404,260		342,477
Asia-Pacific		74,183		60,536		196,986		193,712
Total revenue	$	351,721	$	295,486	$	1,067,434	$	920,626