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Revenue from Contracts with Customers (Tables)

12 Months Ended

Sep. 30, 2023

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, 2023
			Scores						Software						Total						Percentage
			(Dollars in thousands)
Americas			$	763,874					$	523,076					$	1,286,950					85		%
Europe, Middle East and Africa			5,802						135,562						141,364						9		%
Asia Pacific			4,152						81,091						85,243						6		%
Total			$	773,828					$	739,729					$	1,513,557					100		%

			Year Ended September 30, 2022
			Scores						Software						Total						Percentage
			(Dollars in thousands)
Americas			$	691,006					$	439,705					$	1,130,711					82		%
Europe, Middle East and Africa			4,475						142,824						147,299						11		%
Asia Pacific			11,162						88,098						99,260						7		%
Total			$	706,643					$	670,627					$	1,377,270					100		%

			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		%

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

			Year Ended September 30,																		Percentage of revenues
			2023						2022						2021						2023						2022						2021
			(Dollars in thousands)
On-premises software			$	292,763					$	280,649					$	266,452					46		%				50		%				51		%
SaaS software			347,419						284,102						251,436						54		%				50		%				49		%
Total on-premises and SaaS software			$	640,182					$	564,751					$	517,888					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
			2023						2022						2021						2023						2022						2021
			(Dollars in thousands)
Platform software (*)			$	154,750					$	116,252					$	66,884					24		%				21		%				13		%
Non-Platform software			485,432						448,499						451,004						76		%				79		%				87		%
Total on-premises and SaaS software			$	640,182					$	564,751					$	517,888					100		%				100		%				100		%

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

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

			Year Ended September 30,																		Percentage of revenues
			2023						2022						2021						2023						2022						2021
			(Dollars in thousands)
Software recognized at a point in time (1)			$	72,843					$	75,647					$	59,024					11		%				13		%				11		%
Software recognized over contract term (2)			567,339						489,104						458,864						89		%				87		%				89		%
Total on-premises and SaaS  software			$	640,182					$	564,751					$	517,888					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
			2023						2022						2021						2023						2022						2021
			(Dollars in thousands)
Business-to-business Scores			$	560,995					$	475,442					$	446,538					72		%				67		%				68		%
Business-to-consumer Scores			212,833						231,201						207,609						28		%				33		%				32		%
Total			$	773,828					$	706,643					$	654,147					100		%				100		%				100		%

Receivables

Receivables at September 30, 2023 and 2022 consisted of the following: 

			September 30,
			2023						2022
			(In thousands)
Billed			$	234,745					$	203,351
Unbilled			203,896						165,386
			438,641						368,737
Less: allowance for doubtful accounts			(4,978)						(4,218)
Net receivables			433,663						364,519
Less: long-term receivables (*)			(45,716)						(42,109)
Short-term receivables (*)			$	387,947					$	322,410

(*) 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,
			2023						2022
			(In thousands)
Allowance for doubtful accounts, beginning balance			$	4,218					$	4,154
Add: expense			1,475						2,300
Less: write-offs (net of recoveries)			(715)						(2,236)
Allowance for doubtful accounts, ending balance			$	4,978					$	4,218

Contract with Customer, Asset and Liability

Significant changes in the deferred revenues balances are as follows:

			Year Ended September 30,
			2023						2022
			(In thousands)
Deferred revenues, beginning balance			$	126,560					$	110,763
Revenue recognized that was included in the deferred revenues balance at the beginning of the period			(113,341)						(95,286)
Increases due to billings, excluding amounts recognized as revenue during the period			130,016						111,083
Deferred revenues, ending balance (*)			$	143,235					$	126,560

(*) Deferred revenues at September 30, 2023 included current portion of $136.7 million and long-term portion of $6.5 million that were recorded in deferred revenue and other liabilities, respectively, within the consolidated balance sheets. Deferred revenues at September 30, 2022 included current portion of $120.0 million and long-term portion of $6.6 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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-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

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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
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-Section 50
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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
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- Definition

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.

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