XML 57 R40.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Segment and Geographic Information (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2022
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 or report asset information by reportable segment.
(in thousands) |  | Year ended September 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Software Products |  |  |  |  |  |  |  |  |
Revenue |  | $ | 1,770,253 |  |  | $ | 1,649,341 |  |  | $ | 1,314,617 |
Operating costs(1) |  |  | 494,035 |  |  |  | 451,734 |  |  |  | 393,803 |
Profit |  |  | 1,276,218 |  |  |  | 1,197,607 |  |  |  | 920,814 |
Professional Services |  |  |  |  |  |  |  |  |
Revenue |  |  | 163,094 |  |  |  | 157,818 |  |  |  | 143,798 |
Operating costs(2) |  |  | 140,470 |  |  |  | 135,981 |  |  |  | 128,678 |
Profit |  |  | 22,624 |  |  |  | 21,837 |  |  |  | 15,120 |
Total segment revenue |  |  | 1,933,347 |  |  |  | 1,807,159 |  |  |  | 1,458,415 |
Total segment costs |  |  | 634,505 |  |  |  | 587,715 |  |  |  | 522,481 |
Total segment profit |  |  | 1,298,842 |  |  |  | 1,219,444 |  |  |  | 935,934 |
Unallocated operating expenses:(3) |  |  |  |  |  |  |  |  |
Sales and marketing expenses |  |  | 435,780 |  |  |  | 464,067 |  |  |  | 398,100 |
General and administrative expenses |  |  | 130,870 |  |  |  | 120,954 |  |  |  | 114,386 |
Intangibles amortization |  |  | 60,548 |  |  |  | 59,165 |  |  |  | 56,104 |
Restructuring and other charges, net |  |  | 36,234 |  |  |  | 2,211 |  |  |  | 32,716 |
Stock-based compensation |  |  | 174,863 |  |  |  | 177,289 |  |  |  | 115,149 |
Other unallocated operating expenses(4) |  |  | 13,185 |  |  |  | 15,010 |  |  |  | 8,616 |
Total operating income |  |  | 447,362 |  |  |  | 380,748 |  |  |  | 210,863 |
Interest expense |  |  | (54,268 | ) |  |  | (50,478 | ) |  |  | (76,428 | )
Other income, net |  |  | 4,004 |  |  |  | 61,485 |  |  |  | 271 |
Income before income taxes |  | $ | 397,098 |  |  | $ | 391,755 |  |  | $ | 134,706 |
(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 $4.9 million, $4.0 million and $4.2 million in 2022, 2021 and 2020, respectively. (2) Operating costs for the Professional Services segment include all costs of professional services revenue, excluding stock-based compensation, and intangible amortization. The Professional Services segment includes depreciation of $0.9 million, $1.1 million and $1.1 million in 2022, 2021 and 2020, respectively. (3) Unallocated departments include depreciation of $21.4 million, $21.0 million and $19.4 million in 2022, 2021 and 2020, respectively. (4) Other unallocated operating expenses include acquisition and transaction-related 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, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Revenue: |  |  |  |  |  |  |  |  |
Americas(1) |  | $ | 895,095 |  |  | $ | 766,021 |  |  | $ | 649,383 |
Europe(2) |  |  | 714,216 |  |  |  | 722,977 |  |  |  | 543,779 |
Asia Pacific |  |  | 324,036 |  |  |  | 318,161 |  |  |  | 265,253 |
Total revenue |  | $ | 1,933,347 |  |  | $ | 1,807,159 |  |  | $ | 1,458,415 |
(1) Includes revenue in the United States totaling $864.7 million, $741.3 million, and $621.8 million for 2022, 2021 and 2020, respectively. (2) Includes revenue in Germany totaling $318.5 million, $290.7 million, and $198.7 million for 2022, 2021 and 2020, respectively.
Products and Services Segments [Member] |
Segment Reporting Information [Line Items] |
Summary of Revenue and Profit Attributable to Our Operating Segments | e reported revenue by the following three product groups:
(in thousands) |  | Year ended September 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Digital Thread - Core |  | $ | 1,318,857 |  |  | $ | 1,257,817 |  |  | $ | 1,025,709 |
Digital Thread - Growth |  |  | 279,566 |  |  |  | 273,949 |  |  |  | 215,353 |
Digital Thread - FSG |  |  | 251,621 |  |  |  | 233,268 |  |  |  | 210,101 |
Digital Thread (Total) |  |  | 1,850,044 |  |  |  | 1,765,034 |  |  |  | 1,451,163 |
Velocity |  |  | 83,303 |  |  |  | 42,125 |  |  |  | 7,252 |
Total revenue |  | $ | 1,933,347 |  |  | $ | 1,807,159 |  |  | $ | 1,458,415 |
Product lifecycle management (PLM) |  |  | 1,137,016 |  |  |  | 1,012,120 |  |  |  | 807,016 |
Computer-aided design (CAD) |  |  | 796,331 |  |  |  | 795,039 |  |  |  | 651,399 |
Total revenue |  | $ | 1,933,347 |  |  | $ | 1,807,159 |  |  | $ | 1,458,415 |

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=ptc_ProductsAndServicesSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |