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Revenue from Contracts with Customers (Tables)

12 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables provide information about disaggregated revenue by primary geographical market:

			Year Ended September 30, 2021
			Scores						Software						Total						Percentage
			(Dollars in thousands)
Americas			$	633,497					$	416,436					$	1,049,933					80		%
Europe, Middle East and Africa			11,881						178,515						190,396						14		%
Asia Pacific			8,769						67,438						76,207						6		%
Total			$	654,147					$	662,389					$	1,316,536					100		%

			Year Ended September 30, 2020
			Scores						Software						Total						Percentage
			(Dollars in thousands)
Americas			$	514,909					$	477,316					$	992,225					76		%
Europe, Middle East and Africa			6,385						197,199						203,584						16		%
Asia Pacific			7,253						91,500						98,753						8		%
Total			$	528,547					$	766,015					$	1,294,562					100		%

			Year Ended September 30, 2019
			Scores						Software						Total						Percentage
			(Dollars in thousands)
Americas			$	409,369					$	463,083					$	872,452					75		%
Europe, Middle East and Africa			6,359						188,827						195,186						17		%
Asia Pacific			5,449						86,996						92,445						8		%
Total			$	421,177					$	738,906					$	1,160,083					100		%

The following table provides information about disaggregated revenue for our Software segment by deployment method:

			Year Ended September 30,																		Percentage of revenues
			2021						2020						2019						2021						2020						2019
			(Dollars in thousands)
On-premises software			$	266,452					$	347,532					$	342,848					51		%				59		%				62		%
SaaS software			251,436						237,044						214,120						49		%				41		%				38		%
Total			$	517,888					$	584,576					$	556,968					100		%				100		%				100		%

The following table provides information about disaggregated revenue for our Software segment by product features:

			Year Ended September 30,																		Percentage of revenues
			2021						2020						2019						2021						2020						2019
			(Dollars in thousands)
Platform software (*)			$	66,884					$	65,665					$	39,175					13		%				11		%				7		%
Non-Platform software			451,004						518,911						517,793						87		%				89		%				93		%
Total			$	517,888					$	584,576					$	556,968					100		%				100		%				100		%

(*) The FICO platform software is a set of interoperable services which use software assets owned and/or governed by FICO for building solutions and which conform to FICO architectural standards based on key elements of Cloud Native Computing design principles. These standards encompass shared security context and pre-integration using FICO standard application programming interfaces for all services.

The following table provides information about disaggregated revenue for our Software segment by timing of revenue recognition:

			Year Ended September 30,																		Percentage of revenues
			2021						2020						2019						2021						2020						2019
			(Dollars in thousands)
Software recognized at a point time (1)			$	59,024					$	127,666					$	111,308					11		%				22		%				20		%
Software recognized over contract term (2)			458,864						456,910						445,660						89		%				78		%				80		%
Total			$	517,888					$	584,576					$	556,968					100		%				100		%				100		%

(1)Includes license portion of our on-premises subscription software and perpetual license, both of which are recognized when the software is made available to the customer, or at the start of the subscription.

(2)Includes maintenance portion and usage-based fees of our on-premises subscription software, maintenance revenue on perpetual licenses, as well as SaaS revenue.

The following table provides information about disaggregated revenue for our Scores segment by distribution method:

			Year Ended September 30,																		Percentage of revenues
			2021						2020						2019						2021						2020						2019
			(Dollars in thousands)
Business-to-business Scores			$	446,538					$	381,929					$	302,103					68		%				72		%				72		%
Business-to-consumer Scores			207,609						146,618						119,074						32		%				28		%				28		%
Total			$	654,147					$	528,547					$	421,177					100		%				100		%				100		%

Receivables

Receivables at September 30, 2021 and 2020 consisted of the following: 

			September 30,
			2021						2020
			(In thousands)
Billed			$	198,305					$	211,776
Unbilled			155,408						181,550
			353,713						393,326
Less: allowance for doubtful accounts			(4,154)						(5,072)
Net receivables			349,559						388,254
Less: long-term receivables *			(37,452)						(54,074)
Short-term receivables *			$	312,107					$	334,180

(*) Short-term receivables and long-term receivables were recorded in accounts receivable, net and other assets, respectively, within the accompanying consolidated balance sheets.

Accounts Receivable, Allowance for Credit Loss

Activity in the allowance for doubtful accounts was as follows: 

			Year Ended September 30,
			2021						2020
			(In thousands)
Allowance for doubtful accounts, beginning balance			$	5,072					$	2,568
Add: expense			652						3,199
Less: write-offs (net of recoveries)			(1,570)						(695)
Allowance for doubtful accounts, ending balance			$	4,154					$	5,072

Contract with Customer, Asset and Liability

Significant changes in the deferred revenues balances are as follows:

			Year Ended September 30,
			2021						2020
			(In thousands)
Deferred revenues, beginning balance			$	122,141					$	116,320
Revenue recognized that was included in the deferred revenues balance at the beginning of the period			(84,735)						(101,640)
Decrease due to divestiture of the C&R business			(16,671)						—
Increases due to billings, excluding amounts recognized as revenue during the period			90,028						107,461
Deferred revenues, ending balance (*)			$	110,763					$	122,141

(*) Ending balance at September 30, 2021 included current portion of $105.4 million and long-term portion of $5.4 million that were recorded in deferred revenue and other liabilities, respectively, within the consolidated balance sheets. Ending balance at September 30, 2020 included current portion of $115.1 million and long-term portion of $7.0 million that were recorded in deferred revenue and other liabilities, respectively, within the consolidated balance sheets.

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- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447

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Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

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