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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 315,143 $ 250,864
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,950 6,178
Share-based compensation 82,358 67,022
Deferred income taxes (12,781) (13,041)
Net (gain) loss on marketable securities 3,174 (6,727)
Non-cash operating lease costs 5,213 6,772
Provision for doubtful accounts 990 838
Net loss on sales and abandonment of property and equipment 70 408
Changes in operating assets and liabilities:    
Accounts receivable (66,718) (72,661)
Prepaid expenses and other assets (43,213) (12,490)
Accounts payable 1,796 (579)
Accrued compensation and employee benefits (28,183) (34,170)
Other liabilities (14,016) (5,049)
Deferred revenue 18,132 5,790
Net cash provided by operating activities 268,915 193,155
Cash flows from investing activities:    
Purchases of property and equipment (2,960) (5,403)
Payments to Develop Software (13,638) (5,380)
Proceeds from sales of marketable securities 1,495 15,571
Purchases of marketable securities (4,780) (16,828)
Net cash used in investing activities (19,883) (12,040)
Cash flows from financing activities:    
Proceeds from revolving line of credit and term loans 450,000 255,000
Payments on revolving line of credit and term loans (132,500) (74,500)
Payments on finance leases (3,016) (1,400)
Proceeds from issuance of treasury stock under employee stock plans 16,062 14,937
Taxes paid related to net share settlement of equity awards (198,531) (133,786)
Repurchases of common stock (379,738) (243,473)
Net cash used in financing activities (247,723) (183,222)
Effect of exchange rate changes on cash (5,335) 996
Decrease in cash and cash equivalents (4,026) (1,111)
Cash and cash equivalents, beginning of period 150,667 136,778
Cash and cash equivalents, end of period 146,641 135,667
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net of refunds of $663 and $320 during the six-month periods ended March 31, 2025 and 2024, respectively 92,213 53,757
Cash paid for interest 60,939 50,331
Supplemental disclosures of non-cash investing and financing activities:    
Purchase of property and equipment included in accounts payable 14 439
Unsettled repurchases of common stock 412 7,780
Finance lease obligations incurred $ 0 $ 9,400