Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:      
Net income $ 160,049 $ 145,396 $ 117,349
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property, plant, equipment and capitalized software 46,849 42,778 30,933
Amortization of intangible assets 9,348 5,890 4,883
Deferred income taxes 807 2,898 2,396
Stock compensation expense 17,237 17,278 14,555
Changes in assets and liabilities, net of effects of business combinations:      
Accounts receivable-billed and billable (103,774) (144) (87,999)
Accounts receivable-unbilled (911) 2,056 (14,998)
Prepaid expenses and other current assets (6,475) (2,540) (2,492)
Deferred contract costs (7,245) 2,254 (5,073)
Accounts payable and accrued liabilities 44,351 (2,928) 31,453
Accrued compensation and benefits (3,157) 12,277 21,308
Deferred revenue 47,948 2,841 6,304
Income taxes 9,134 (10,974) 2,034
Other assets and liabilities (7,944) (3,482) 285
Cash provided by operating activities 206,217 213,600 120,938
Cash flows from investing activities:      
Acquisition of businesses, net of cash acquired (289,212) (2,670) (68,055)
Purchases of property and equipment (98,994) (36,262) (43,580)
Capitalized software costs (6,155) (10,886) (18,596)
Proceeds from note receivable 489 429 398
Cash used in investing activities (393,872) (49,389) (129,833)
Cash flows from financing activities:      
Cash dividends paid (11,927) (12,187) (12,272)
Repurchases of common stock (82,787) (111,141) (33,287)
Stock compensation tax benefit 9,474 9,665 10,569
Tax withholding related to RSU vesting (12,451) (14,681) (8,868)
Stock option exercises 868 1,362 2,168
Issuance of debt 330,993 15,000  
Repayment of debt (121,611) (15,162) (172)
Costs for expansion (1,444)    
Cash provided by/(used in) financing activities 111,115 (127,144) (41,862)
Effect of exchange rate changes on cash (6,900) (4,572) (12,938)
Net (decrease) increase in cash and cash equivalents (83,440) 32,495 (63,695)
Cash and cash equivalents, beginning of period 158,112 125,617 189,312
Cash and cash equivalents, end of period $ 74,672 $ 158,112 $ 125,617