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, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income $ 21,316 $ 17,704
Adjustments to reconcile net income to net cash provided by operating activities:    
(Income) loss from discontinued operations 467 (46)
Depreciation and amortization 9,975 6,111
Deferred income taxes (611) (2,424)
Non-cash equity based compensation 3,475 2,797
Change in assets and liabilities:    
Accounts receivable - billed (26,380) (2,473)
Accounts receivable - unbilled (845) (418)
Prepaid expenses and other current assets 72 (1,621)
Deferred contract costs (5,345) 790
Accounts payable and accrued liabilities 10,526 7,770
Accrued compensation and benefits (7,694) (10,553)
Deferred revenue 6,463 7,629
Income taxes (2,233) 4,978
Other assets and liabilities 933 (2,688)
Cash provided by operating activities - continuing operations 10,119 27,556
Cash used in operating activities - discontinued operations (493)  
Cash provided by operating activities 9,626 27,556
Cash flows from investing activities:    
Purchases of property and equipment (7,087) (2,554)
Capitalized software costs (3,464) (720)
Proceeds from note receivable 60 148
Proceeds from sale of discontinued operations   2,240
Cash used in investing activities (10,491) (886)
Cash flows from financing activities:    
Repurchases of common stock (15,403) (9,749)
Employee tax withholding on restricted stock unit vesting (6,677) (3,088)
Tax benefit due to option exercises and restricted stock units vesting 2,365 1,740
Cash dividends paid (3,064) (3,023)
Stock option exercises 1,752 2,816
Repayment of long-term debt (44)  
Cash used in financing activities (21,071) (11,304)
Effect of exchange rate changes on cash and cash equivalents (238) 2,732
Net increase/(decrease) in cash and cash equivalents (22,174) 18,098
Cash and cash equivalents, beginning of period 189,312 172,950
Cash and cash equivalents, end of period $ 167,138 $ 191,048