Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income $ 17,704 $ 17,482
Adjustments to reconcile net income to net cash provided by operating activities:    
(Income) loss from discontinued operations (46) 105
Depreciation and amortization 6,111 5,232
Deferred income taxes (2,424) 990
Non-cash equity based compensation 2,797 2,057
Change in assets and liabilities:    
Accounts receivable - billed (2,473) 22,145
Accounts receivable - unbilled (418) (1,554)
Prepaid expenses and other current assets (1,621) 1,041
Deferred contract costs 790 (580)
Accounts payable 7,770 3,948
Accrued compensation and benefits (10,553) (11,553)
Deferred revenue 7,629 (5,270)
Income taxes 4,978 (3,470)
Other assets and liabilities (2,688) (192)
Cash provided by operating activities - continuing operations 27,556 30,381
Cash used in operating activities - discontinued operations   (739)
Cash provided by operating activities 27,556 29,642
Cash flows from investing activities:    
Proceeds from sale of discontinued operations 2,240  
Proceeds from note receivable 148  
Purchases of property and equipment (2,554) (2,407)
Capitalized software costs (720) (2,298)
Cash used in investing activities - continuing operations (886) (4,705)
Cash used in investing activities - discontinued operations 0  
Cash used in investing activities (886) (4,705)
Cash flows from financing activities:    
Employee stock transactions (272) 4,329
Repurchases of common stock (9,749) (8,370)
Tax benefit due to option exercises and restricted stock units vesting 1,740 1,031
Cash dividends paid (3,023) (2,067)
Cash used in financing activities - continuing operations (11,304) (5,077)
Cash used in financing activities - discontinued operations 0  
Cash used in financing activities (11,304) (5,077)
Effect of exchange rate changes on cash and cash equivalents 2,732 1,823
Net increase in cash and cash equivalents 18,098 21,683
Cash and cash equivalents, beginning of period 172,950 155,321
Cash and cash equivalents, end of period $ 191,048 $ 177,004