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Acquisitions and Disposition of Businesses (Tables) | 12 Months Ended
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Sep. 30, 2023
Business Acquisition [Line Items] |
Unaudited Pro Forma Financial Information | The unaudited pro forma financial information for the years ended September 30, 2023 and 2022 presented below combines the historical results of PTC for those periods, the historical results of ServiceMax for the year ended October 31, 2022 and the three months ended January 31, 2023, and the effects of the pro forma adjustments listed above.
(in thousands) |  | Pro forma year ended September 30, |
|  | 2023 |  |  | 2022 |
Revenue |  | $ | 2,140,738 |  |  | $ | 2,101,796 |
Net income |  | $ | 239,437 |  |  | $ | 230,655 |
Servicemax Inc. acquisition |
Business Acquisition [Line Items] |
Schedule of purchase price allocation | The following table sets forth the purchase price allocation for ServiceMax. The purchase price allocation includes the finalization of measurement period adjustments related to intangibles and deferred tax liabilities that resulted in a $3.5 million increase in customer relationships, a $3.2 million increase in net tax liability, and a $0.3 million decrease in goodwill compared to the balances reported as of March 31, 2023. We have also recorded a liability of $620.0 million related to the fair value of the $650.0 million deferred purchase price payment.
(in thousands) |  |
Goodwill | $ | 974,850 |
Customer relationships |  | 512,700 |
Purchased software |  | 106,900 |
Accounts receivable |  | 58,722 |
Trademarks |  | 9,000 |
Other net assets |  | 5,540 |
Net tax liability |  | (121,656 | )
Deferred revenue |  | (97,829 | )
Total | $ | 1,448,227 |
Intland Software |
Business Acquisition [Line Items] |
Schedule of purchase price allocation | The following table sets forth the purchase price allocation for Intland Software. The purchase price allocation includes the finalization of measurement period adjustments, which resulted in a $0.9 million increase in goodwill from $240.0 million as of June 30, 2022, driven by completion of working capital adjustments.
(in thousands) |  |
Goodwill | $ | 240,971 |
Customer relationships |  | 38,800 |
Purchased software |  | 19,100 |
Accounts receivable |  | 6,506 |
Trademarks |  | 1,300 |
Net tax liability |  | (20,811 | )
Deferred revenue |  | (6,925 | )
Other net liabilities |  | (818 | )
Total | $ | 278,123 |
Arena Acquisition |
Business Acquisition [Line Items] |
Schedule of purchase price allocation | The following table sets forth the purchase price allocation for Arena.
(in thousands) |  |
Goodwill | $ | 562,838 |
Customer relationships |  | 155,000 |
Purchased software |  | 38,300 |
Accounts receivable |  | 11,392 |
Trademarks |  | 4,200 |
Net tax liability |  | (41,256 | )
Deferred revenue |  | (15,500 | )
Other net liabilities |  | (369 | )
Total | $ | 714,605 |

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