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Income Taxes | 12 Months Ended
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Sep. 30, 2015
Income Tax Disclosure [Abstract] |
Income Taxes | Note 10 — Income Taxes The provision (benefit) for income taxes consists of the following:
|  | Year Ended September 30, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Current |  | $ | 94,128 |  |  | $ | 73,938 |  |  | $ | 50,553 |
Deferred |  |  | (26,887 | ) |  |  | (6,510 | ) |  |  | 12,485 |
|  | $ | 67,241 |  |  | $ | 67,428 |  |  | $ | 63,038 |
All income taxes are from continuing operations reported by the Company in the applicable taxing jurisdiction. Income taxes also include anticipated withholding taxes due on subsidiaries’ earnings when paid as dividends to the Company. During fiscal years 2014 and 2013, the Company recognized $4,179 and $14,671, respectively, of deferred income tax expense as a result of enacted changes in tax laws or rates. During fiscal 2015, the Company recognized immaterial deferred income tax expense as a result of enacted changes in tax laws or rates. Deferred income taxes are comprised of the following components:
|  | As of September 30, |
|  | 2015 |  |  | 2014 |
Deferred tax assets: |  |  |  |  |  |  |  |
Deferred revenue |  | $ | 69,680 |  |  | $ | 49,624 |
Employee compensation and benefits |  |  | 75,401 |  |  |  | 72,832 |
Intangible assets, computer software and intellectual property |  |  | 14,937 |  |  |  | 11,481 |
Tax credits, net capital and operating loss carryforwards |  |  | 114,709 |  |  |  | 163,913 |
Other |  |  | 68,300 |  |  |  | 47,301 |
Total deferred tax assets |  |  | 343,027 |  |  |  | 345,151 |
Valuation allowances |  |  | (112,165 | ) |  |  | (128,207 | )
Total deferred tax assets, net |  |  | 230,862 |  |  |  | 216,944 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Anticipated withholdings on subsidiaries’ earnings |  |  | (58,774 | ) |  |  | (56,868 | )
Intangible assets, computer software and intellectual property |  |  | (118,650 | ) |  |  | (113,920 | )
Other |  |  | (19,886 | ) |  |  | (24,262 | )
Total deferred tax liabilities |  |  | (197,310 | ) |  |  | (195,050 | )
Net deferred tax assets |  | $ | 33,552 |  |  | $ | 21,894 |
The effective income tax rate varied from the statutory Guernsey tax rate as follows:
|  | Year Ended September 30, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Statutory Guernsey tax rate |  |  | 0 | % |  |  | 0 | % |  |  | 0 | %
Foreign taxes(1) |  |  | 13 |  |  |  | 14 |  |  |  | 13 |
Effective income tax rate |  |  | 13 | % |  |  | 14 | % |  |  | 13 | %
(1) | In fiscal 2015, foreign taxes included a net benefit of $7,594 due to settlements of tax audits in certain jurisdictions that resulted in a reduction to the Company’s provision for gross unrecognized tax benefits, partially offset by an increase to the Company’s taxes payable. Foreign taxes in fiscal 2015 also included a decrease of $17,232 that was attributable to the expiration of statutes of limitations related to unrecognized tax benefits accumulated over several years in certain jurisdictions, which was partially offset by a provision for a new uncertain tax position of $6,000 recognized during fiscal 2015. In addition, foreign taxes in fiscal 2015 included a net benefit of $22,895 resulting from the release of valuation allowances on deferred tax assets at several of the Company’s subsidiaries, which will, more likely than not, be realized due to the Company’s projections of future taxable income. In fiscal 2014, foreign taxes included a benefit of $18,709 attributable to the expiration during fiscal 2014 of statutes of limitations related to unrecognized tax benefits accumulated over several years in certain jurisdictions, as well as a benefit of $14,557 as a result of a tax position settled during fiscal 2014. In fiscal 2013, foreign taxes included a benefit of $29,786 attributable to the expiration during fiscal 2013 of statutes of limitations related to unrecognized tax benefits accumulated over several years in certain jurisdictions.
As a Guernsey company subject to a corporate tax rate of zero percent, the Company’s overall effective tax rate is attributable to foreign taxes. The Company’s income before income tax expense is considered to be foreign income. During fiscal 2015, the net decrease in valuation allowances was $16,042, which related to the uncertainty of realizing tax benefits primarily for tax credits, net capital and operating loss carryforwards related to certain of the Company’s subsidiaries. As of September 30, 2015, the Company had tax credits, net capital and operating loss carryforwards of $451,247, of which $98,912 have expiration dates through 2035, and the remainder do not expire. During fiscal 2014, the net increase in valuation allowances was $1,005, which related to the uncertainty of realizing tax benefits primarily for tax credits, net capital and operating loss carryforwards related to certain of the Company’s subsidiaries. As of September 30, 2014, the Company had tax credits, net capital and operating loss carryforwards of $541,666, of which $133,345 have expiration dates through 2034, and the remainder do not expire. The aggregate changes in the balance of the Company’s gross unrecognized tax benefits were as follows:
|  | Year Ended September 30, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Balance at beginning of fiscal year |  | $ | 123,942 |  |  | $ | 130,371 |  |  | $ | 133,874 |
Additions based on tax positions related to the current year |  |  | 22,314 |  |  |  | 22,821 |  |  |  | 19,527 |
Additions for tax positions of prior years |  |  | 11,125 |  |  |  | 4,016 |  |  |  | 10,750 |
Reductions for tax positions of prior years |  |  | — |  |  |  | — |  |  |  | — |
Settlements with tax authorities |  |  | (13,443 | ) |  |  | (14,557 | ) |  |  | (3,994 | )
Lapse of statute of limitations |  |  | (17,232 | ) |  |  | (18,709 | ) |  |  | (29,786 | )
Balance at end of fiscal year |  | $ | 126,706 |  |  | $ | 123,942 |  |  | $ | 130,371 |
The total amount of unrecognized tax benefits, which includes interest and penalties, was $126,706 as of September 30, 2015, and $123,942 as of September 30, 2014, all of which would affect the effective tax rate if realized. The Company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes. As of September 30, 2015, the Company had accrued $22,219 in income taxes payable for interest and penalties relating to unrecognized tax benefits, of which $1,364 was recognized in the statements of income in fiscal 2015. As of September 30, 2014, the Company had accrued $20,855 in income taxes payable for interest and penalties relating to unrecognized tax benefits, of which $1,729 was recognized in the statements of income in fiscal 2014. The Company is currently under audit in several jurisdictions for the tax years 2007 and onwards. Timing of the resolution of audits is highly uncertain and therefore, as of September 30, 2015, the Company cannot estimate the change in unrecognized tax benefits resulting from these audits within the next 12 months. It is reasonably possible that the amount of unrecognized tax benefits may decrease by $3,660 during fiscal 2016 as a result of lapse of statutes of limitations in jurisdictions in which the Company operates.

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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 + Details
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