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Balance Sheet Details | 12 Months Ended
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Sep. 30, 2024
Balance Sheet Details [Abstract] |
Balance Sheet Details | Balance Sheet Details Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of the Company’s cash and cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash shown in the Company’s consolidated statements of cash flows for the periods presented (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Cash and cash equivalents |  | $ | 1,074,602 |  |  | $ | 797,163 |
Restricted cash included in other assets, net |  | 3,738 |  |  | 3,672 |
Total cash, cash equivalents and restricted cash |  | $ | 1,078,340 |  |  | $ | 800,835 |
Inventories Inventories consist of the following (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Finished goods |  | $ | 27,922 |  |  | $ | 11,699 |
Raw materials |  | 48,456 |  |  | 24,175 |
|  | $ | 76,378 |  |  | $ | 35,874 |
Other Current Assets Other current assets consist of the following (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Unbilled receivables |  | $ | 401,104 |  |  | $ | 374,113 |
Prepaid expenses |  | 93,467 |  |  | 84,506 |
Capitalized contract acquisition costs |  | 32,681 |  |  | 31,206 |
Other 1 |  | 42,215 |  |  | 64,919 |
|  | $ | 569,467 |  |  | $ | 554,744 |
(1) As of September 30, 2023, includes a deposit of $36.2 million, used to support the working capital needs of the Company’s primary contract manufacturer's procurement of components used in the manufacturing of system hardware. As of September 30, 2024, the Company had no deposits with the Company's primary contract manufacturer. Property and Equipment Property and equipment consist of the following (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Computer equipment |  | $ | 206,861 |  |  | $ | 189,555 |
Software |  | 71,690 |  |  | 78,184 |
Office furniture and equipment |  | 44,776 |  |  | 44,525 |
Leasehold improvements |  | 186,179 |  |  | 185,225 |
|  | 509,506 |  |  | 497,489 |
Accumulated depreciation and amortization |  | (358,563) |  |  | (327,067) |
|  | $ | 150,943 |  |  | $ | 170,422 |
Depreciation and amortization expense totaled approximately $49.3 million, $53.3 million, and $56.0 million for the fiscal years ended September 30, 2024, 2023 and 2022, respectively. Goodwill Changes in the carrying amount of goodwill during fiscal years 2024 and 2023 are summarized as follows (in thousands):
Balance, September 30, 2022 |  | $ | 2,259,282 |
Other business acquisitions |  | 29,396 |
Balance, September 30, 2023 |  | 2,288,678 |
Other business acquisitions |  | 23,684 |
Balance, September 30, 2024 |  | $ | 2,312,362 |
Other Assets Other assets consist of the following (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Intangible assets |  | $ | 111,576 |  |  | $ | 150,969 |
Unbilled receivables |  | 277,965 |  |  | 202,838 |
Capitalized contract acquisition costs |  | 33,577 |  |  | 35,263 |
Other |  | 64,399 |  |  | 55,543 |
|  | $ | 487,517 |  |  | $ | 444,613 |
Intangible assets are included in other assets on the consolidated balance sheets and consist of the following (in thousands):
|  | September 30, 2024 |  | September 30, 2023
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Developed technology |  | $ | 287,431 |  |  | $ | (192,967) |  |  | $ | 94,464 |  |  | $ | 319,368 |  |  | $ | (190,135) |  |  | $ | 129,233 |
Customer relationships |  | 17,700 |  |  | (10,034) |  |  | 7,666 |  |  | 45,642 |  |  | (33,298) |  |  | 12,344 |
Patents and trademarks |  | 9,795 |  |  | (3,629) |  |  | 6,166 |  |  | 13,699 |  |  | (9,658) |  |  | 4,041 |
Trade names |  | 15,473 |  |  | (12,193) |  |  | 3,280 |  |  | 15,473 |  |  | (10,122) |  |  | 5,351 |
Non-compete covenants |  | 1,960 |  |  | (1,960) |  |  | — |  |  | 1,960 |  |  | (1,960) |  |  | — |
|  | $ | 332,359 |  |  | $ | (220,783) |  |  | $ | 111,576 |  |  | $ | 396,142 |  |  | $ | (245,173) |  |  | $ | 150,969 |
There were no intangible asset impairment charges for the years ended September 30,2024 and 2023. During the year ended September 30, 2022, as a result of a planned change in the use of the asset, the Company recorded an impairment of $6.2 million against the Shape trade name intangible asset, which was reflected in the Sales and Marketing line item on the Company's consolidated income statement. Amortization expense related to intangible assets was $24.4 million, $29.1 million, and $36.4 million for the fiscal years ended September 30, 2024, 2023 and 2022, respectively. For intangible assets held as of September 30, 2024, amortization expense for the five succeeding fiscal years is as follows (in thousands):
2025 | $ | 42,101 |
2026 | 37,346 |
2027 | 19,165 |
2028 | 6,729 |
2029 | 2,067 |
| $ | 107,408 |
Accrued Liabilities Accrued liabilities consist of the following (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Payroll and benefits |  | $ | 171,571 |  |  | $ | 152,898 |
Operating lease liabilities, current |  | 33,779 |  |  | 41,421 |
Income and other tax accruals |  | 45,247 |  |  | 34,504 |
Other |  | 49,479 |  |  | 54,067 |
|  | $ | 300,076 |  |  | $ | 282,890 |
Other Long-term Liabilities Other long-term liabilities consist of the following (in thousands):
|  | September 30,
|  | 2024 |  | 2023
Income taxes payable |  | $ | 85,461 |  |  | $ | 73,751 |
Other |  | 9,272 |  |  | 8,822 |
|  | $ | 94,733 |  |  | $ | 82,573 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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