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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2018
Cash Flow from Operating Activities:      
Net income [1] $ 497,840 $ 479,446 $ 354,396
Reconciliation of net income to net cash provided by operating activities:      
Depreciation and amortization 198,409 205,772 211,224
Amortization of debt issuance cost 144    
Equity-based compensation expense 42,434 38,550 47,476
Deferred income taxes 30,239 (13,950) 25,098
Loss from short-term interest-bearing investments 0 737 1,324
Net changes in operating assets and liabilities, net of amounts acquired:      
Accounts receivable, net 134,584 6,589 (66,451)
Prepaid expenses and other current assets (10,815) 25,907 (18,736)
Other noncurrent assets (23,329) (1,635) 9,674
Lease assets and liabilities, net (7,881)    
Accounts payable, accrued expenses and accrued personnel (190,354) (60,042) 25,348
Deferred revenue (15,184) (37,855) 7,650
Income taxes payable, net (9,281) 6,025 (31,036)
Other noncurrent liabilities 11,330 6,833 (8,718)
Net cash provided by operating activities 658,136 656,377 557,249
Cash Flow from Investing Activities:      
Purchase of property and equipment, net [2] (205,510) (128,086) (231,146)
Proceeds from sale of short-term interest-bearing investments 0 101,287 303,090
Purchase of short-term interest-bearing investments (753)   (76,037)
Net cash paid for business and intangible assets acquisitions (249,358) (60,572) (355,142)
Other (6,104) 615 (3,157)
Net cash used in investing activities (461,725) (86,756) (362,392)
Cash Flow from Financing Activities:      
Borrowings under financing arrangements 450,000   120,000
Payments under financing arrangements (350,000)   (120,000)
Proceeds from issuance of debt, net 643,919    
Repurchase of shares (360,912) (398,057) (419,228)
Proceeds from employee stock option exercises 97,850 41,483 81,280
Payments of dividends (164,061) (147,616) (134,292)
Investment by noncontrolling interests, net [2] 0 (4,776) 47,013
Payment of contingent consideration from a business acquisition (1,411) (7,470)  
Excess tax benefit from equity-based compensation and other (240) (336) (458)
Net cash provided by (used in) financing activities 315,145 (516,772) (425,685)
Net increase (decrease) in cash and cash equivalents 511,556 52,849 (230,828)
Cash and cash equivalents at beginning of year 471,632 418,783 649,611
Cash and cash equivalents at end of year 983,188 471,632 418,783
Cash paid for:      
Income taxes, net of refunds 45,398 75,790 55,938
Interest [3] $ 5,392 $ 7,348 $ 2,009
[1] In fiscal years 2020, 2019 and 2018, all of the Company’s net income is attributable to Amdocs Limited as the net income attributable to the Non-controlling interests is negligible.
[2] The amounts under “Purchase of property and equipment, net”, include proceeds from sale of property and equipment of $194, $151 and $459 for the year ended September 30, 2020, 2019 and 2018, respectively, and proceeds of $9,676 relating to refund of betterment levy for the year ended September 30, 2019 ($4,776 of which was a refund to the noncontrolling interest).
[3] The amounts under “Interest” include payments of interest to financial institution, tax authorities and other.