| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||
Net income including controlling interest | |||||||||||
255,505 | 42,305 | 207,106 | 186,402 | 183,240 | 208,720 | 190,302 | 265,134 | 310,582 | 282,827 | 244,346 | 201,032 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
85,123 | 81,283 | 84,308 | 85,152 | 69,133 | 53,278 | 53,245 | 43,876 | 43,994 | 34,937 | 28,732 | 24,814 |
Stock-based compensation | |||||||||||
76,580 | 71,249 | 65,343 | 66,985 | 67,069 | 65,680 | 64,328 | 47,581 | 43,665 | 28,815 | 22,422 | 22,332 |
Amortization of premium on investments | |||||||||||
-358 | -2,473 | -2,758 | -3,824 | -9,162 | -9,398 | -10,234 | -17,140 | -17,088 | -9,118 | -5,589 | -1,904 |
Excess tax benefit from exercise of stock options | |||||||||||
- | - | - | - | 2,544 | 2,434 | 475 | 852 | 6,593 | 24,639 | 5,827 | -21,746 |
Provision for doubtful accounts | |||||||||||
4,523 | 2,413 | 924 | 1,017 | 33 | 1,119 | -174 | -379 | 772 | 365 | 1,392 | 935 |
Losses / (gains) on Put Rights | |||||||||||
- | - | - | - | - | - | - | - | - | -7,601 | 9,508 | 0 |
Losses / (gains) on auction rate certificates | |||||||||||
- | - | - | - | - | - | - | - | - | 7,601 | -10,869 | 0 |
Deferred income taxes | |||||||||||
-40,191 | 61,059 | -35,046 | -22,798 | -14,484 | -6,696 | -19,642 | 1,208 | 6,784 | -16,031 | 5,237 | -21,750 |
Restructuring charge for exit of leased facility | |||||||||||
33,251 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Gain on sale of ownership interest in subsidiary (pre-tax) | |||||||||||
- | - | - | - | 26,221 | - | 0 | - | - | - | - | - |
Gain from amended patent licensing agreement | |||||||||||
- | - | - | - | - | - | - | - | - | - | 20,041 | 0 |
Loss on impairment of long-lived assets | |||||||||||
- | - | - | - | - | - | - | 275 | 226 | 12,986 | - | 0 |
Payment on litigation settlement | |||||||||||
- | - | - | - | - | - | - | - | -3,000 | -3,000 | -3,000 | -3,000 |
Other non-cash items affecting net income | |||||||||||
-6,952 | -7,570 | -2,886 | -1,779 | -5,125 | -1,821 | 1,026 | -95 | -532 | 347 | 2,151 | 1,032 |
Changes in operating assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
27,492 | -100,129 | 56,559 | -24,886 | 7,008 | -10,165 | 53,639 | -18,831 | 8,514 | 31,329 | -1,797 | -987 |
Inventories | |||||||||||
16,098 | 6,602 | 11,922 | 2,949 | -5,835 | -3,818 | -9,166 | -3,051 | -2,105 | 15,696 | 3,638 | 7,567 |
Contract assets | |||||||||||
29,708 | 2,502 | 5,519 | - | - | - | - | - | - | - | - | - |
Prepaid expenses and other assets | |||||||||||
6,200 | 52,485 | 12,302 | 15,217 | 3,595 | 354 | -5,731 | 3,984 | 10,305 | -15,009 | 147 | 18,640 |
Accounts payable and other liabilities | |||||||||||
169 | -29,019 | 103,505 | 2,834 | -7,384 | 24,124 | 21,890 | -6,641 | -16,952 | 31,556 | -22,026 | 33,874 |
Income taxes, net | |||||||||||
-2,186 | 39,738 | 26,950 | 17,265 | 21,767 | 951 | 2,314 | 3,866 | 708 | 27,995 | 8,602 | 29,825 |
Contract liabilities | |||||||||||
1,084 | -59 | 4,980 | - | - | - | - | - | - | - | - | - |
Deferred revenue | |||||||||||
- | - | - | 10,288 | 8,981 | -8,734 | -1,076 | -498 | 19,800 | -25,725 | 7,488 | 25,962 |
Other non-current liabilities | |||||||||||
-13,996 | 34,650 | 381 | 596 | 268 | 691 | -4,677 | 1,218 | 2,796 | -237 | -1,213 | -5,187 |
Net cash provided by operating activities | |||||||||||
327,674 | 352,202 | 377,793 | 360,064 | 309,377 | 361,547 | 276,501 | 389,921 | 403,688 | 327,298 | 273,225 | 264,474 |
Investing activities: | |||||||||||
Purchase of investments | |||||||||||
265,361 | 174,195 | 289,530 | 426,118 | 392,936 | 389,282 | 485,370 | 611,211 | 619,238 | 646,052 | 373,223 | 304,097 |
Proceeds from sales of investment securities | |||||||||||
200,636 | 123,058 | 84,047 | 262,125 | 305,225 | 159,559 | 548,739 | 358,142 | 225,977 | 504,438 | - | 299,376 |
Proceeds from maturities of investment securities | |||||||||||
136,951 | 237,432 | 152,324 | 103,987 | 146,152 | 137,059 | 143,754 | 236,535 | 203,704 | 139,005 | - | - |
Proceeds from sales and maturities of available-for-sale securities and trading securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | 176,908 | - |
Purchases of property, plant and equipment | |||||||||||
96,281 | 72,814 | 99,617 | 100,762 | 157,526 | 75,363 | 26,711 | 167,349 | 47,362 | 37,482 | 13,994 | 13,610 |
Acquisitions, net of cash acquired | |||||||||||
14,919 | 22,852 | 0 | 0 | 93,516 | 0 | 0 | 12,521 | 3,350 | 5,601 | 16,621 | 253,047 |
Purchases of intangible assets | |||||||||||
17,255 | 12,543 | 5,250 | 121,020 | 37,416 | 37,950 | 4,050 | 350 | 0 | 825 | 9,571 | - |
Other investments | |||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - |
Proceeds from sale of ownership interest in subsidiary (net) | |||||||||||
- | - | - | - | 27,216 | 0 | 0 | - | - | - | - | - |
Proceeds from sale of property, plant and equipment and assets held for sale | |||||||||||
- | - | - | - | - | - | 503 | 2,075 | 3,567 | 2,160 | - | 40 |
Change in restricted cash | |||||||||||
- | - | - | 709 | 794 | -1,033 | 1,840 | 124 | - | - | - | - |
Net cash provided by/(used in) investing activities | |||||||||||
-56,229 | 78,086 | -158,026 | -282,497 | -203,595 | -204,944 | 175,025 | -194,803 | -236,702 | -44,357 | -236,501 | -271,338 |
Financing activities: | |||||||||||
Payments on debt | |||||||||||
- | - | - | - | - | - | 79 | 518 | 0 | 7,680 | 1,522 | 1,536 |
Proceeds from issuance of common stock | |||||||||||
57,346 | 106,162 | 69,998 | 71,111 | 28,627 | 33,373 | 15,958 | 17,386 | 27,918 | 42,398 | 13,716 | 13,553 |
Proceeds from issuance of common stock, net of shares withheld for taxes | |||||||||||
- | - | - | - | - | - | - | - | - | - | 3,502 | 1,133 |
Repurchase of common stock | |||||||||||
340,585 | 150,470 | 100,000 | 100,854 | 107,349 | 56,028 | 82,245 | 268,203 | 192,410 | 241,362 | - | - |
Payment of cash dividend | |||||||||||
77,496 | 66,155 | 57,059 | 48,397 | 41,018 | 0 | 408,206 | 0 | 0 | - | - | - |
Distribution to controlling interest | |||||||||||
1,015 | 1,022 | 2,094 | 214 | 5,615 | 0 | 5,039 | 0 | 0 | - | - | 333 |
Excess tax benefit from the exercise of stock options | |||||||||||
- | - | - | - | 2,544 | 2,434 | 475 | 852 | 6,593 | 24,639 | 5,827 | 21,746 |
Shares repurchased for tax withholdings on vesting of restricted stock | |||||||||||
22,788 | 22,144 | 17,676 | 13,632 | 15,708 | 13,651 | 8,828 | 3,835 | 4,599 | 2,769 | - | - |
Payments for Deferred Consideration | |||||||||||
743 | 0 | 0 | - | - | 6,708 | 0 | 0 | - | - | - | - |
Net cash used in financing activities | |||||||||||
-385,281 | -133,629 | -106,831 | -91,986 | -138,519 | -40,580 | -487,964 | -254,318 | -162,498 | -184,774 | 21,523 | 34,896 |
Effect of foreign exchange rate changes on cash and cash equivalents | |||||||||||
-5,821 | -5,777 | 1,675 | -1,395 | -3,809 | -1,948 | -1,765 | 288 | 1,163 | -3,984 | -1,330 | -1,738 |
Net increase/(decrease) in cash and cash equivalents | |||||||||||
-119,657 | 290,882 | 114,611 | -15,814 | -36,546 | 114,075 | -38,203 | -58,912 | 5,651 | 94,183 | 56,917 | 26,294 |
Supplemental disclosure: | |||||||||||
Cash paid for income taxes, net of refunds received | |||||||||||
59,722 | 60,875 | 56,760 | 55,085 | 51,881 | 72,177 | 77,701 | 98,497 | 122,531 | 141,800 | 113,142 | 102,541 |
Non-cash investing activities: | |||||||||||
Cash paid for interest | |||||||||||
- | - | - | - | - | - | - | 133 | 375 | 671 | 845 | 965 |
Property, plant, and equipment purchased and unpaid at period-end | |||||||||||
-324 | 7,990 | -9,613 | -7,233 | 15,725 | 6,982 | 584 | - | - | - | - | - |
Purchase consideration payable for acquisition | |||||||||||
1,700 | 3,750 | 0 | 0 | 95 | 0 | 0 | 6,038 | 0 | 0 | - | - |
Purchase consideration payable for intangibles | |||||||||||
1,881 | 200 | 0 | - | - | - | - | - | - | - | - | - |