| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Net income | |||||||||||
192,124 | 126,482 | 133,414 | 109,448 | 86,502 | 94,879 | 90,095 | 92,004 | 71,562 | 64,457 | 65,102 | 83,952 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
31,612 | 30,182 | 36,214 | 31,633 | 33,889 | 32,632 | 33,214 | 21,549 | 24,197 | 30,918 | 38,419 | 39,494 |
Share-based compensation | |||||||||||
82,973 | 74,814 | 61,222 | 55,509 | 45,308 | 36,362 | 25,850 | 21,229 | 15,500 | 17,305 | 19,935 | 27,981 |
Deferred income taxes | |||||||||||
7,701 | 10,584 | -6,248 | -26,007 | -5,934 | -16,026 | 3,671 | -7,121 | 1,252 | 6,761 | -5,031 | -23,095 |
Tax effect from share-based payment arrangements | |||||||||||
- | - | - | 24,184 | 12,530 | 6,035 | 2,887 | 6,079 | -2,599 | -4,717 | 9,545 | 2,375 |
Excess tax benefits from share-based payment arrangements | |||||||||||
- | - | - | - | - | 6,808 | 6,362 | 8,079 | 1,664 | 1,158 | 280 | 1,342 |
Gain on repurchase of senior convertible notes | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 896 |
Net amortization of premium on marketable securities | |||||||||||
- | - | - | - | - | - | -8 | -221 | -554 | -2,174 | -1,057 | -579 |
Provision for doubtful accounts, net | |||||||||||
518 | 623 | 1,640 | 2,011 | 0 | 1,485 | 327 | -122 | -583 | 118 | -499 | 3,414 |
Net gain (loss) on marketable securities | |||||||||||
-761 | 1,449 | 0 | 0 | - | - | - | - | - | - | - | - |
Gain on sale of cost-method investment | |||||||||||
0 | 10,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Loss on sale of product line assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | -2,993 | -6,952 |
Net (gain) loss on sales of property and equipment | |||||||||||
-127 | -231 | -14 | -6 | -2,210 | 10 | -351 | -63 | -169 | -694 | -115 | -39 |
Changes in operating assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
36,176 | 8,266 | -2,858 | 18,225 | 4,602 | 13,649 | -1,286 | 26,490 | -8,571 | 11,561 | -31,316 | -20,153 |
Prepaid expenses and other assets | |||||||||||
55,507 | 9,790 | 9,863 | -12,848 | 15,462 | 1,754 | 822 | -802 | -2,060 | -315 | -36 | -1,766 |
Accounts payable | |||||||||||
1,885 | 843 | -2,027 | 564 | -3,672 | 3,174 | -590 | 6,810 | -1,749 | -317 | -2,519 | -1,569 |
Accrued compensation and employee benefits | |||||||||||
22,380 | 7,352 | 6,464 | 17,079 | -1,506 | 17,450 | -11,729 | 11,314 | 3,154 | 5,413 | -976 | -13,363 |
Other liabilities | |||||||||||
1,463 | 6,246 | -81 | -4,282 | 4,113 | 15,566 | 1,823 | 1,455 | 18,727 | -3,290 | 3,214 | 14,033 |
Deferred revenue | |||||||||||
10,489 | -4,800 | 2,037 | 5,500 | -6,604 | 5,698 | -3,889 | 10,032 | -2,995 | -1,096 | 7,298 | 3,427 |
Net cash provided by operating activities | |||||||||||
260,350 | 223,052 | 225,644 | 210,268 | 146,772 | 175,034 | 136,120 | 129,746 | 136,156 | 105,780 | 151,633 | 159,150 |
Cash flows from investing activities: | |||||||||||
Purchases of property and equipment | |||||||||||
23,981 | 31,299 | 19,828 | 21,969 | 24,999 | 12,590 | 24,147 | 25,483 | 14,020 | 17,453 | 13,958 | 22,780 |
Cash proceeds from sales of property and equipment | |||||||||||
- | - | - | - | - | - | - | - | - | 50 | - | 1,527 |
Cash proceeds from sales of product line assets | |||||||||||
- | - | - | - | - | - | - | - | - | 2,182 | 4,000 | - |
Cash proceeds from sale of business unit | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 15,581 |
Proceeds from sales of marketable securities | |||||||||||
3,480 | 3,230 | 0 | 0 | - | - | - | - | 13,644 | 10,014 | 7,400 | 2,008 |
Purchases of marketable securities | |||||||||||
6,404 | 6,050 | 0 | 0 | - | - | - | 48,067 | 144,224 | 71,749 | 197,274 | 161,803 |
Distribution from other investments | |||||||||||
- | - | - | -37 | -75 | 0 | -50 | 148 | -140 | - | - | - |
Proceeds from Sale and Maturity of Other Investments | |||||||||||
0 | 20,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments to Acquire Other Investments | |||||||||||
0 | 0 | 777 | - | - | - | - | - | - | - | - | - |
Proceeds from maturities of marketable securities | |||||||||||
- | - | - | - | - | - | 22,000 | 131,659 | 92,759 | 187,593 | 116,585 | 167,684 |
Cash paid for acquisitions, net of cash acquired | |||||||||||
15,855 | 0 | 0 | 5,683 | 56,992 | 7,253 | 32,874 | 123,631 | - | - | - | 33,336 |
Distribution from cost method investees | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,300 | - |
Net cash used in investing activities | |||||||||||
-42,760 | -14,119 | -20,605 | -27,615 | -81,916 | -19,843 | -34,971 | -65,670 | -51,701 | 110,637 | -81,947 | -31,119 |
Cash flows from financing activities: | |||||||||||
Proceeds from revolving line of credit | |||||||||||
229,000 | 427,000 | 190,000 | 122,000 | 249,000 | 145,000 | 30,000 | 0 | - | - | - | 300,000 |
Payments on revolving line of credit | |||||||||||
141,000 | 531,000 | 84,000 | 99,000 | 116,000 | 61,000 | 18,676 | 5,466 | - | 295,000 | - | 175,000 |
Proceeds from issuance of senior notes | |||||||||||
0 | 400,000 | 0 | 0 | - | - | - | - | - | 245,000 | - | 275,000 |
Payments on senior notes | |||||||||||
28,000 | 131,000 | 72,000 | 60,000 | 71,000 | 8,000 | 49,000 | 8,000 | 8,000 | - | - | - |
Repayments of convertible debt | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 390,067 |
Payments on debt issuance costs | |||||||||||
0 | 7,849 | 0 | 0 | - | - | - | - | 736 | 1,343 | - | 1,477 |
Repayments of Long-term Capital Lease Obligations | |||||||||||
945 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Proceeds from issuance of treasury stock under employee stock plans | |||||||||||
22,788 | 11,023 | 14,474 | 17,828 | 18,258 | 18,851 | 40,107 | 70,793 | 7,613 | 1,410 | - | 19,786 |
Taxes paid related to net share settlement of equity awards | |||||||||||
52,996 | 44,205 | 40,232 | 29,955 | 19,461 | 12,297 | 9,851 | - | - | - | - | - |
Proceeds from issuances of common stock under employee stock option and purchase plans | |||||||||||
- | - | - | - | - | - | - | - | - | - | 3,289 | - |
Dividends paid | |||||||||||
0 | 0 | 1,238 | 2,489 | 2,508 | 2,714 | 2,824 | 2,803 | 3,140 | 3,579 | 3,887 | 3,897 |
Repurchases of common stock | |||||||||||
228,894 | 342,596 | 187,629 | 138,399 | 130,719 | 217,039 | 82,752 | 191,056 | 91,422 | 196,119 | 18,500 | 116,642 |
Excess tax benefits from share-based payment arrangements | |||||||||||
- | - | - | - | - | 6,808 | 6,362 | 8,079 | 1,664 | 1,158 | 280 | 1,342 |
Net cash used in financing activities | |||||||||||
-200,047 | -218,627 | -180,625 | -190,015 | -72,430 | -130,391 | -86,634 | -128,453 | -94,021 | -248,473 | -18,818 | -90,955 |
Effect of exchange rate changes on cash | |||||||||||
-1,140 | -5,901 | 5,278 | -2,832 | -11,381 | -2,903 | -2,946 | 234 | -881 | 98 | -2,389 | -2,682 |
Increase (decrease) in cash and cash equivalents | |||||||||||
16,403 | -15,595 | 29,692 | -10,194 | -18,955 | 21,897 | 11,569 | -64,143 | -10,447 | -31,958 | 48,479 | 34,394 |
Supplemental disclosures of cash flow information: | |||||||||||
Cash paid for income taxes, net of refunds | |||||||||||
18,779 | 13,398 | 31,315 | 10,855 | 33,752 | 22,367 | 24,141 | 36,852 | 11,460 | 26,885 | 28,364 | 20,074 |
Interest Paid, Excluding Capitalized Interest, Operating Activities | |||||||||||
39,924 | 26,106 | 26,083 | 26,884 | 30,470 | 28,209 | 31,011 | 31,421 | 31,974 | 21,048 | 26,189 | 13,009 |
Supplemental disclosures of non-cash investing and financing activities: | |||||||||||
Unsettled repurchases of common stock | |||||||||||
0 | 0 | 5,661 | 0 | 0 | - | 2,141 | 0 | 6,765 | - | - | - |
Purchase of property and equipment included in accounts payable | |||||||||||
1,448 | 1,913 | 1,751 | 3,287 | 436 | 363 | 681 | 641 | 4,790 | - | - | - |
Finance lease obligations incurred | |||||||||||
5,803 | 0 | 0 | - | - | - | - | - | - | - | - | - |