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Acquisitions and Disposition of Business (Tables) | 6 Months Ended
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Mar. 31, 2023
Business Acquisition [Line Items] |
Unaudited Pro Forma Financial Information | The unaudited pro forma financial information for the three and six months ended March 31, 2023 and 2022 combines the historical results of PTC for those periods and the historical results of ServiceMax for the three and six months ended April 30, 2022, respectively, and the effects of the pro forma adjustments listed above. The unaudited pro forma financial information was as follows:
(in thousands) |  | Pro forma three months ended |  |  | Pro forma six months ended |
|  | March 31, 2023 |  |  | March 31, 2022 |  |  | March 31, 2023 |  |  | March 31, 2022 |
Revenue |  | $ | 542,181 |  |  | $ | 546,685 |  |  | $ | 1,051,776 |  |  | $ | 1,044,400 |
Net income |  | $ | 74,805 |  |  | $ | 71,839 |  |  | $ | 132,436 |  |  | $ | 76,591 |
Servicemax Inc. acquisition |
Business Acquisition [Line Items] |
Schedule of purchase price allocation | The following table outlines the preliminary purchase price allocation for ServiceMax. 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 | $ | 975,132 |
Customer relationships |  | 509,200 |
Purchased software |  | 106,900 |
Accounts receivable |  | 58,722 |
Trademarks |  | 9,000 |
Other net assets |  | 5,540 |
Net tax liability |  | (118,437 | )
Deferred revenue |  | (97,829 | )
Total | $ | 1,448,228 |
Intland Software |
Business Acquisition [Line Items] |
Schedule of purchase price allocation | The following table outlines the purchase price allocation for Intland Software:
(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 |

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