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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 84,959 $ 86,492
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,227 7,026
Share-based compensation 29,878 25,132
Deferred income taxes 3,905 (298)
Net (gain) loss on marketable securities 592 (1,768)
Non-cash operating lease costs 4,115 4,000
Provision for doubtful accounts, net 325 219
Net loss on sales and abandonment of property and equipment 51 62
Gains on product line asset sales and business divestiture 0 (7,334)
Changes in operating assets and liabilities:    
Accounts receivable 58,428 33,130
Prepaid expenses and other assets 157 (7,310)
Accounts payable (268) (1,479)
Accrued compensation and employee benefits (40,335) (46,704)
Other liabilities (14,904) (12,241)
Deferred revenue (7,249) (980)
Net cash provided by operating activities 124,881 77,947
Cash flows from investing activities:    
Purchases of property and equipment (895) (3,045)
Proceeds from sales of marketable securities 129 567
Purchases of marketable securities (2,763) (1,741)
Proceeds from product line asset sales and business divestiture 2,257 8,291
Purchase of equity investment 0 (210)
Net cash provided by (used in) investing activities (1,272) 3,862
Cash flows from financing activities:    
Proceeds from revolving line of credit and term loan 620,000 116,000
Payments on revolving line of credit and term loan (788,000) (80,000)
Proceeds from issuance of senior notes 550,000 0
Payments on debt issuance costs (8,200) 0
Payments on finance leases 0 (176)
Proceeds from issuance of treasury stock under employee stock plans 550 57
Taxes paid related to net share settlement of equity awards (47,024) (85,678)
Repurchases of common stock (482,755) (50,011)
Net cash used in financing activities (155,429) (99,808)
Effect of exchange rate changes on cash (1,377) 5,267
Decrease in cash and cash equivalents (33,197) (12,732)
Cash and cash equivalents, beginning of period 195,354 157,394
Cash and cash equivalents, end of period 162,157 144,662
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net of refunds of $72 and $221 during the quarters ended December 31, 2021 and 2020, respectively 1,570 3,186
Cash paid for interest 19,396 17,858
Supplemental disclosures of non-cash investing and financing activities:    
Purchase of property and equipment included in accounts payable 67 13
Unsettled repurchases of common stock $ 18,870 $ 0