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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified |
6 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Cash flows from operating activities: | ||
| Net income | $ 81,378us-gaap_ProfitLoss | $ 74,816us-gaap_ProfitLoss |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization of property, equipment and capitalized software | 23,706mms_DepreciationOfFixedAssetsAndAmortizationOfCapitalizedSoftware | 20,936mms_DepreciationOfFixedAssetsAndAmortizationOfCapitalizedSoftware |
| Amortization of intangible assets | 2,907us-gaap_AmortizationOfIntangibleAssets | 2,823us-gaap_AmortizationOfIntangibleAssets |
| Deferred income taxes | (10,134)us-gaap_DeferredIncomeTaxExpenseBenefit | (1,387)us-gaap_DeferredIncomeTaxExpenseBenefit |
| Stock compensation expense | 8,436us-gaap_ShareBasedCompensation | 8,561us-gaap_ShareBasedCompensation |
| Changes in assets and liabilities: | ||
| Accounts receivable-billed and billable | (80,883)us-gaap_IncreaseDecreaseInAccountsReceivable | (37,516)us-gaap_IncreaseDecreaseInAccountsReceivable |
| Accounts receivable - unbilled | (2,311)us-gaap_IncreaseDecreaseInUnbilledReceivables | (50)us-gaap_IncreaseDecreaseInUnbilledReceivables |
| Prepaid expenses and other current assets | (6,043)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 2,539us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Deferred contract costs | (7,105)us-gaap_IncreaseDecreaseInDeferredCharges | 1,979us-gaap_IncreaseDecreaseInDeferredCharges |
| Accounts payable and accrued liabilities | 27,274us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 3,627us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Accrued compensation and benefits | (12,263)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (7,450)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Deferred revenue | 21,858us-gaap_IncreaseDecreaseInDeferredRevenue | (6,211)us-gaap_IncreaseDecreaseInDeferredRevenue |
| Income taxes | 19,583us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable | 10,153us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable |
| Other assets and liabilities | (4,337)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet | 3,640us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet |
| Cash provided by operating activities | 62,066us-gaap_NetCashProvidedByUsedInOperatingActivities | 76,460us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (44,226)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (9,516)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Capitalized software costs | (3,247)us-gaap_PaymentsForSoftware | (7,317)us-gaap_PaymentsForSoftware |
| Acquisition of business, net of cash acquired | (2,670)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired | |
| Proceeds from note receivable | 282us-gaap_ProceedsFromCollectionOfNotesReceivable | 154us-gaap_ProceedsFromCollectionOfNotesReceivable |
| Cash used in investing activities | (47,191)us-gaap_NetCashProvidedByUsedInInvestingActivities | (19,349)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Cash flows from financing activities: | ||
| Cash dividends paid | (5,928)us-gaap_PaymentsOfDividendsCommonStock | (6,138)us-gaap_PaymentsOfDividendsCommonStock |
| Repurchases of common stock | (32,616)us-gaap_PaymentsForRepurchaseOfCommonStock | (34,696)us-gaap_PaymentsForRepurchaseOfCommonStock |
| Tax withholding related to RSU vesting | (12,453)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation | (12,905)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation |
| Expansion of credit facility | (1,444)us-gaap_PaymentsOfLoanCosts | |
| Borrowings under credit facility | 15,000us-gaap_ProceedsFromLinesOfCredit | |
| Repayment of credit facility and long-term debt | (74)us-gaap_RepaymentsOfLongTermDebt | (15,082)us-gaap_RepaymentsOfLongTermDebt |
| Tax benefit due to option exercises and restricted stock units vesting | 2,925us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities | |
| Stock option exercises | 518us-gaap_ProceedsFromStockOptionsExercised | |
| Cash used in financing activities | (52,515)us-gaap_NetCashProvidedByUsedInFinancingActivities | (50,378)us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effect of exchange rate changes on cash and cash equivalents | (5,937)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | (1,027)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net decrease in cash and cash equivalents | (43,577)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 5,706us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents, beginning of period | 158,112us-gaap_CashAndCashEquivalentsAtCarryingValue | 125,617us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents, end of period | $ 114,535us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 131,323us-gaap_CashAndCashEquivalentsAtCarryingValue |
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- Definition
The current period expense charged against earnings for depreciation on property, plant and equipment and amortization of capitalized software. No definition available.
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- Details
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of expenditures made during the current reporting period for benefits that will be received over a period of years. Deferred charges differ from prepaid expenses in that they usually extend over a long period of time and may or may not be regularly recurring costs of operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) during the reporting period of the amount of revenue for work performed for which billing has not occurred, net of uncollectible accounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the development, modification or acquisition of software programs or applications for internal use (that is, not to be sold, leased or otherwise marketed to others) that qualify for capitalization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for loan origination associated cost which is usually collected through escrow. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with principal collections from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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