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Segment and Geographic Information (Tables)

6 Months Ended

Mar. 31, 2023

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						Six months ended
	March 31, 2023			March 31, 2022			March 31, 2023			March 31, 2022
Software Products
Revenue	$	501,064		$	462,250		$	931,418		$	875,843
Operating costs(1)		147,865			121,016			278,593			237,044
Profit		353,199			341,234			652,825			638,799

Professional Services
Revenue		41,117			42,977			76,673			87,105
Operating costs(2)		34,830			34,567			66,394			71,550
Profit		6,287			8,410			10,279			15,555

Total segment revenue		542,181			505,227			1,008,091			962,948
Total segment costs		182,695			155,583			344,987			308,594
Total segment profit		359,486			349,644			663,104			654,354

Unallocated operating expenses:
Sales and marketing expenses		116,362			104,962			222,549			217,357
General and administrative expenses		35,965			30,859			67,355			65,036
Restructuring and other charges (credits), net		1			(1,562	)		(337	)		32,429
Intangibles amortization		20,490			14,371			34,658			29,348
Stock-based compensation		52,246			37,921			93,750			83,863
Other unallocated operating expenses(3)		11,883			3,903			17,689			4,953
Total operating income		122,539			159,190			227,440			221,368

Interest and debt premium expense		(41,525	)		(12,239	)		(57,883	)		(25,225	)
Other income (expense), net		55			(43,385	)		(2,064	)		(37,201	)
Income before income taxes	$	81,069		$	103,566		$	167,493		$	158,942

(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 costs of professional services revenue, excluding stock-based compensation.

(3)

Other unallocated operating expenses include acquisition and transaction-related 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				Six months ended
	March 31, 2023		March 31, 2022(1)		March 31, 2023		March 31, 2022(1)
Americas	$	256,376	$	202,999	$	483,288	$	415,880
Europe		209,066		222,963		376,276		385,271
Asia Pacific		76,739		79,265		148,527		161,797
Total revenue	$	542,181	$	505,227	$	1,008,091	$	962,948

(1)

Subsequent to filing our second quarter 2022 Form 10-Q, we identified an immaterial typographical error in the above disclosure. Revenue by region was transposed for Europe and Asia Pacific for the three and six-months ended March 31, 2022. Amounts presented above for the three and six months ended March 31, 2022 reflect the corrected amounts.