Segment and Geographic Information (Tables)

12 Months Ended

Sep. 30, 2021

Segment Reporting Information [Line Items]

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)	Year ended September 30,
	2021			2020			2019
Software Products
Revenue	$	1,649,341		$	1,314,617		$	1,088,100
Operating costs⁽¹⁾		451,734			393,803			377,464
Profit		1,197,607			920,814			710,636

Professional Services
Revenue		157,818			143,798			167,531
Operating costs⁽²⁾		135,981			128,678			133,846
Profit		21,837			15,120			33,685

Total segment revenue		1,807,159			1,458,415			1,255,631
Total segment costs		587,715			522,481			511,310
Total segment profit		1,219,444			935,934			744,321

Unallocated operating expenses:⁽³⁾
Sales and marketing expenses		464,067			398,100			385,423
General and administrative expenses		120,954			114,386			104,393
Intangibles amortization		59,165			56,104			51,147
Restructuring and other charges, net		2,211			32,716			51,114
Stock-based compensation		177,289			115,149			86,400
Other unallocated operating expenses⁽⁴⁾		15,010			8,616			2,802
Total operating income		380,748			210,863			63,042

Interest expense		(50,478	)		(76,428	)		(43,047	)
Other income, net		61,485			271			305
Income before income taxes	$	391,755		$	134,706		$	20,300

(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. Operating costs for the Software Products segment include depreciation of $4.0 million, $4.2 million and $4.6 million in 2021, 2020 and 2019, respectively.

(2)

Operating costs for the Professional Services segment include all costs of professional services revenue, excluding stock-based compensation, intangible amortization, and fair value adjustments for deferred services costs. The Professional Services segment includes depreciation of $1.1 million, $1.1 million and $1.4 million in 2021, 2020 and 2019, respectively.

(3)	Unallocated departments include depreciation of $21.0 million, $19.4 million and $20.6 million in 2021, 2020 and 2019, respectively.

(4)	Other unallocated operating expenses include acquisition-related and other transactional costs and fair value adjustments for deferred services costs.

Summary of Revenue for Geographic Regions

Revenue for the geographic regions in which we operate is presented below.

(in thousands)	Year ended September 30,
	2021		2020		2019
Revenue:
Americas⁽¹⁾	$	766,021	$	649,383	$	537,548
Europe⁽²⁾		722,977		543,779		464,666
Asia Pacific		318,161		265,253		253,417
Total revenue	$	1,807,159	$	1,458,415	$	1,255,631

(1)	Includes revenue in the United States totaling $741.3 million, $621.8 million, and $514.4 million for 2021, 2020 and 2019, respectively.

(2)	Includes revenue in Germany totaling $290.7 million, $198.7 million, and $185.4 million for 2021, 2020 and 2019, respectively.

Products and Services Segments [Member]

Segment Reporting Information [Line Items]

Summary of Revenue and Profit Attributable to Our Operating Segments

We report revenue by the following three product groups:

(in thousands)	Year ended September 30,
	2021		2020		2019
Core	$	1,257,827	$	1,025,668	$	868,970
Growth		316,074		222,646		167,544
Focused Solutions Group (FSG)		233,258		210,101		219,117
Total revenue	$	1,807,159	$	1,458,415	$	1,255,631