| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||||
Net income | ||||||||||||
55,256 | 59,531 | 48,351 | 45,687 | 53,394 | 39,510 | 37,037 | 41,733 | 25,922 | 14,013 | 8,235 | 6,119 | 3,495 |
Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
12,547 | 10,903 | 10,157 | 10,505 | 11,257 | 7,946 | 6,757 | 3,277 | 1,814 | 1,027 | 734 | 496 | 327 |
Share-based compensation expense | ||||||||||||
6,068 | 5,340 | 4,840 | 4,210 | 3,586 | 2,863 | 2,253 | 1,740 | 1,168 | 879 | 710 | 516 | 242 |
Deferred income tax benefit | ||||||||||||
-340 | -32,590 | 5,966 | 4,938 | 1,382 | 2,347 | 1,141 | 4,405 | 2,868 | 1,440 | 1,040 | 398 | 73 |
Loss on disposition of property, plant and equipment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -22 | -12 |
Other | ||||||||||||
652 | 444 | 166 | -486 | -385 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable, net | ||||||||||||
-245 | 5,322 | 2,093 | -527 | -417 | 4,232 | 2,172 | 5,551 | -143 | 2,142 | 939 | 785 | 385 |
Inventories | ||||||||||||
289 | -828 | 2,723 | -217 | 238 | 76 | 973 | 15 | -275 | 596 | -54 | 163 | 76 |
Vendor non-trade receivables | ||||||||||||
-2,931 | 8,010 | 4,254 | 51 | 3,735 | 2,220 | -223 | 1,414 | 1,934 | 2,718 | -586 | -110 | - |
Other current assets | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 384 | 1,279 |
Other current and non-current assets | ||||||||||||
-873 | 423 | 5,318 | -1,055 | 283 | -167 | -1,080 | 3,162 | 1,391 | 1,610 | 713 | -289 | -285 |
Accounts payable | ||||||||||||
-1,923 | 9,175 | 8,966 | 2,117 | 5,001 | 5,938 | 2,340 | 4,467 | 2,515 | 6,307 | 92 | 596 | 1,494 |
Deferred revenue | ||||||||||||
-625 | -3 | -593 | -1,554 | 1,042 | 1,460 | 1,459 | 2,824 | 1,654 | 1,217 | 521 | 718 | 566 |
Other current and non-current liabilities | ||||||||||||
-4,700 | 38,449 | 1,092 | -1,906 | 9,058 | 6,010 | 4,521 | 2,552 | 4,495 | 778 | -161 | 1,664 | 716 |
Cash generated by operating activities | ||||||||||||
69,391 | 77,434 | 64,225 | 66,231 | 81,266 | 59,713 | 53,666 | 50,856 | 37,529 | 18,595 | 10,159 | 9,596 | 5,470 |
Investing activities: | ||||||||||||
Purchases of marketable securities | ||||||||||||
39,630 | 71,356 | 159,486 | 142,428 | 166,402 | 217,128 | 148,489 | 151,232 | 102,317 | 57,793 | 46,724 | 22,965 | 11,719 |
Proceeds from maturities of marketable securities | ||||||||||||
40,102 | 55,881 | 31,775 | 21,258 | 14,538 | 18,810 | 20,317 | 13,035 | 20,437 | 24,930 | 19,790 | 11,804 | 6,483 |
Proceeds from sales of marketable securities | ||||||||||||
56,988 | 47,838 | 94,564 | 90,536 | 107,447 | 189,301 | 104,130 | 99,770 | 49,416 | 21,788 | 10,888 | 4,439 | 2,941 |
Payments for acquisition of property, plant and equipment | ||||||||||||
10,495 | 13,313 | 12,451 | 12,734 | 11,247 | 9,571 | 8,165 | 8,295 | 4,260 | 2,005 | 1,144 | 1,091 | 735 |
Payments made in connection with business acquisitions, net | ||||||||||||
624 | 721 | 329 | 297 | 343 | 3,765 | 496 | 350 | 244 | 638 | 0 | 220 | 0 |
Payments for acquisition of intangible assets | ||||||||||||
- | - | - | - | 241 | 242 | 911 | 1,107 | 3,192 | 116 | 69 | 108 | 251 |
Purchases of non-marketable securities | ||||||||||||
1,001 | 1,871 | 521 | 1,388 | 0 | 10 | - | - | - | - | - | 38 | 17 |
Proceeds from non-marketable securities | ||||||||||||
1,634 | 353 | 126 | 0 | - | - | - | - | - | - | - | - | - |
Other | ||||||||||||
1,078 | 745 | 124 | 924 | 26 | -26 | 160 | 48 | 259 | 20 | 175 | 10 | -49 |
Cash generated by/(used in) investing activities | ||||||||||||
45,896 | 16,066 | -46,446 | -45,977 | -56,274 | -22,579 | -33,774 | -48,227 | -40,419 | -13,854 | -17,434 | -8,189 | -3,249 |
Financing activities: | ||||||||||||
Proceeds from issuance of common stock | ||||||||||||
781 | 669 | 555 | 495 | 543 | 730 | 530 | 665 | 831 | 912 | 475 | 483 | 365 |
Excess tax benefits from equity awards | ||||||||||||
- | - | - | - | 749 | 739 | 701 | 1,351 | 1,133 | 751 | 270 | 757 | 377 |
Payments for taxes related to net share settlement of equity awards | ||||||||||||
2,817 | 2,527 | 1,874 | 1,570 | 1,499 | 1,158 | 1,082 | 1,226 | 520 | 406 | 82 | -124 | -3 |
Payments for dividends and dividend equivalents | ||||||||||||
14,119 | 13,712 | 12,769 | 12,150 | 11,561 | 11,126 | 10,564 | 2,488 | 0 | 0 | - | - | - |
Repurchases of common stock | ||||||||||||
66,897 | 72,738 | 32,900 | 29,722 | 35,253 | 45,000 | 22,860 | 0 | 0 | - | - | - | - |
Proceeds from issuance of term debt, net | ||||||||||||
6,963 | 6,969 | 28,662 | 24,954 | 27,114 | 11,960 | 16,896 | 0 | 0 | - | - | - | - |
Repayments of term debt | ||||||||||||
8,805 | 6,500 | 3,500 | 2,500 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from/(Repayments of) commercial paper, net | ||||||||||||
-5,977 | -37 | 3,852 | -397 | 2,191 | 6,306 | 0 | 0 | - | - | - | - | - |
Other | ||||||||||||
-105 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Cash used in financing activities | ||||||||||||
-90,976 | -87,876 | -17,974 | -20,890 | -17,716 | -37,549 | -16,379 | -1,698 | 1,444 | 1,257 | 663 | 1,116 | 739 |
Increase/(Decrease) in cash, cash equivalents and restricted cash | ||||||||||||
24,311 | 5,624 | -195 | -636 | 7,276 | -415 | 3,513 | 931 | -1,446 | 5,998 | -6,612 | 2,523 | 2,960 |
Supplemental cash flow disclosure: | ||||||||||||
Cash paid for income taxes, net | ||||||||||||
15,263 | 10,417 | 11,591 | 10,444 | 13,252 | 10,026 | 9,128 | 7,682 | 3,338 | 2,697 | 2,997 | 1,267 | 863 |
Cash paid for interest | ||||||||||||
3,423 | 3,022 | 2,092 | 1,316 | 514 | 339 | 0 | 0 | - | - | - | - | - |