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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities:    
Net income $ 9,471 $ 3,344
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 7,790 10,117
Amortization of intangible assets 13,270 9,176
Depreciation and amortization 1,187 1,064
Amortization of investment premiums & other (64) 1,348
Accretion and amortization on debt securities 5,609 5,239
Net changes in estimated fair value of acquisition-related contingent consideration 2,093 (1,278)
Deferred taxes (8,246) (1,705)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable (9,014) (12,233)
Contract assets (3,758) (1,737)
Other assets (73) (848)
Accounts payable 2,633 1,147
Accrued payroll and related taxes (1,099) (2,643)
Income taxes payable [1] 9,865 85
Deferred revenue (752) 1,917
Restructuring accrual (971) 1,900
Other liabilities [1] 172 1,120
Net cash provided by operating activities 28,113 16,013
Investing activities:    
Purchases of investments (23,723) (47,818)
Sales and maturities of investments 50,000 173,198
Acquisitions, net of cash acquired 0 (126,607)
Purchases of property and equipment, net (656) (929)
Net cash provided by (used in) investing activities 25,621 (2,156)
Financing activities:    
Proceeds from the issuance of equity plan common stock 1,351 1,162
Repurchases and retirements of common stock 0 (14,828)
Payment of acquisition-related contingent consideration 0 (6,770)
Acquisition-related shares issued 0 (1,041)
Principal payments on other borrowings (36) (36)
Net cash provided by (used in) financing activities 1,315 (21,513)
Foreign currency effect on cash and cash equivalents 382 (1,113)
Net increase (decrease) in cash and cash equivalents 55,431 (8,769)
Cash and cash equivalents at beginning of period 32,059 30,312
Cash and cash equivalents at end of period 87,490 21,543
Supplemental disclosures of cash flow information:    
Issuance of common stock for acquisition-related contingent consideration 0 2,722
Cash paid for interest 829 597
Cash paid for income taxes 3,074 819
Supplemental disclosures of non-cash investing and financing activities:    
Reclassification of convertible senior notes hedge and embedded conversion derivative to additional paid-in capital 0 42,821
Unrealized holding gain (loss) on available for sale investments $ 771 $ (189)
[1] March 31, 2022 condensed consolidated statement of cash flows reflects reclassifications to conform to the current year presentation.