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Document and Company Information	12 Months Ended
Document and Company Information	Sep. 30, 2009 shares
Document and Company Information [Abstract]
Entity Registrant Name	AMDOCS LTD
Entity Central Index Key	0001062579
Document Type	20-F
Document Period End Date	Sep. 30, 2009
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock Shares Outstanding	205,079,239

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2009	Sep. 30, 2008
Current assets:
Cash and cash equivalents	$ 728,762	$ 718,850
Short-term interest-bearing investments	444,279	525,528
Accounts receivable, net	454,965	573,764
Deferred income taxes and taxes receivable	117,848	84,515
Prepaid expenses and other current assets	126,704	102,930
Total current assets	1,872,558	2,005,587
Equipment and leasehold improvements, net	279,659	317,081
Deferred income taxes	137,662	187,173
Goodwill	1,539,424	1,526,371
Intangible assets, net	227,337	270,551
Other noncurrent assets	271,777	272,300
Total assets	4,328,417	4,579,063
Current liabilities:
Accounts payable	86,189	157,357
Accrued expenses, other current liabilities and other	174,341	226,359
Accrued personnel costs	154,841	218,229
Deferred revenue	186,158	197,851
Deferred income taxes and taxes payable	9,338	30,228
Total current liabilities	610,867	830,024
Convertible notes	1,020	450,000
Deferred income taxes and taxes payable	273,110	266,548
Noncurrent liabilities and other	230,367	227,300
Total liabilities	1,115,364	1,773,872
Shareholders' equity:
Preferred Shares - Authorized 25,000 shares; GBP 0.01par value; 0 shares issued and outstanding	0	0
Ordinary Shares - Authorized 700,000 and 550,000 shares; GBP 0.01par value; 242,466 and 240,836 issued and 205,079 and 203,916 outstanding, in 2009 and 2008, respectively	3,930	3,900
Additional paid-in capital	2,334,090	2,264,800
Treasury stock, at cost - 37,387 and 36,920 Ordinary Shares in 2009 and 2008, respectively	(919,874)	(907,280)
Accumulated other comprehensive income (loss)	8,343	(14,834)
Retained earnings	1,786,564	1,458,605
Total shareholders' equity	3,213,053	2,805,191
Total liabilities and shareholders' equity	$ 4,328,417	$ 4,579,063

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands	Sep. 30, 2009	Sep. 30, 2008
Shareholders' equity:
Preferred Shares, par value (in GBP)	$ 0.01	$ 0.01
Preferred Shares, authorized	25,000	25,000
Preferred Shares, issued	0	0
Preferred Shares, outstanding	0	0
Ordinary Shares, par value (in GBP)	$ 0.01	$ 0.01
Ordinary Shares, authorized	700,000	550,000
Ordinary Shares, issued	242,466	240,836
Ordinary Shares, outstanding	205,079	203,916
Treasury stock at cost, ordinary shares	37,387	36,920

Consolidated Statments of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2009	Sep. 30, 2008	Sep. 30, 2007
Revenue:
License	$ 135,146	$ 135,487	$ 159,357
Service	2,727,461	3,026,609	2,676,816
Total Revenue	2,862,607	3,162,096	2,836,173
Operating expenses:
Cost of license	2,686	2,729	3,914
Cost of service	1,831,947	2,023,562	1,792,468
Research and development	210,387	225,492	230,444
Selling, general and administrative	344,335	404,134	370,194
Amortization of purchased intangible assets	85,153	86,687	74,959
Restructuring charges, in-process research and development and other	20,780	13,896	6,761
Total operating expense	2,495,288	2,756,500	2,478,740
Operating income	367,319	405,596	357,433
Interest (expense) income and other, net	(1,165)	11,955	50,566
Income before income taxes	366,154	417,551	407,999
Income taxes	39,978	38,645	43,062
Net income	$ 326,176	$ 378,906	$ 364,937
Basic earnings per share	$ 1.61	$ 1.83	$ 1.76
Diluted earnings per share	$ 1.58	$ 1.74	$ 1.65
Basic weighted average number of shares outstanding	202,867	206,590	207,846
Diluted weighted average number of shares outstanding	207,606	219,606	223,256

Consolidated Statements of Changes in Shareholders Equity - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2009	Sep. 30, 2008	Sep. 30, 2007
Ordinary Shares
Statement [Line Items]
Beginning balance	$ 3,900	$ 3,850	$ 3,763
Common Stock, Shares, Outstanding, Beginning Balance	203,916	209,762	206,793
Comprehensive income:
Employee stock options exercised	$ 23	$ 41	$ 79
Employee stock options exercised, shares	1,289	2,052	3,970
Repurchase of shares, shares	(468)	(8,370)	(1,411)
Issuance of restricted stock, net of forfeitures	$ 7	$ 9	$ 8
Issuance of restricted stock, net of forfeitures, shares	342	472	410
Ending balance	$ 3,930	$ 3,900	$ 3,850
Common Stock, Shares, Outstanding, Ending Balance	205,079	203,916	209,762
Additional Paid-in Capital
Statement [Line Items]
Beginning balance	$ 2,264,800	$ 2,168,234	$ 2,035,309
Comprehensive income:
Employee stock options exercised	27,863	37,527	74,576
Tax benefit of stock options exercised/cancelled	(1,484)	1,549	3,965
Issuance of stock options related to acquisitions, net			768
Equity-based compensation expense related to employees	42,911	57,490	53,587
Equity-based compensation expense related to non- employee stock options			29
Ending balance	2,334,090	2,264,800	2,168,234
Treasury Stock
Statement [Line Items]
Beginning balance	(907,280)	(652,229)	(602,392)
Comprehensive income:
Repurchase of shares	(12,594)	(255,051)	(49,837)
Ending balance	(919,874)	(907,280)	(652,229)
Retained Earnings
Statement [Line Items]
Beginning balance	1,458,605	1,079,699	714,762
Comprehensive income:
Net income	326,176	378,906	364,937
Cumulative effect from adoption of FSP No. 115-2/124-2 (primarily codified in ASC 320-10- Investments- Debt and Equity Securities-Overall) at April 1, 2009	1,783
Ending balance	1,786,564	1,458,605	1,079,699
Accumulated Comprehensive Income (Loss)
Statement [Line Items]
Beginning balance	(14,834)	689	2,723
Comprehensive income:
Unrealized gain/loss on foreign currency hedging contracts, net of tax	18,092	(4,578)	(3,420)
Unrealized gain/loss on short-term interest-bearing investments, net of tax	4,828	(10,002)	659
Unrealized gain/loss on defined benefit plan, net of tax	2,040	(943)
Cumulative effect from adoption of FSP No. 115-2/124-2 (primarily codified in ASC 320-10- Investments- Debt and Equity Securities-Overall) at April 1, 2009	(1,783)
Adjustment to accumulated other comprehensive income upon adoption of SFAS 158 (primarily codified in ASC 715- Compensation -Retirement Benefits) net of $(378) tax			727
Ending balance	$ 8,343	$ (14,834)	$ 689

Consolidated Statements of Changes in Shareholders Equity (Parenthetical) - Accumulated Other Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2009	Sep. 30, 2008	Sep. 30, 2007
Comprehensive income:
Tax effect on unrealized gain/loss on foreign currency hedging contracts	$ 647	$ 3,272	$ (1,363)
Tax effect on unrealized gain/loss on short-term interest-bearing investments	218	(468)	30
Tax effect on adjustment to accumulated other comprehensive income upon adoption of SFAS 158 (primarily codified in ASC 715-Compensation-Retirement Benefits)			(378)
Tax effect on unrealized loss on defined benefit plan	1,078	(489)
Unrealized (loss) gain on derivatives, net of tax	12,936	(5,157)	(579)
Unrealized (loss) income on cash equivalents and short-term interest-bearing investments, net of tax	(6,417)	(9,461)	541
Unrealized (loss) gain on defined benefit plan, net of tax	$ 1,824	$ (216)	$ 727

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2009	Sep. 30, 2008	Sep. 30, 2007
Cash Flow from Operating Activities:
Net income	$ 326,176	$ 378,906	$ 364,937
Reconciliation of net income to net cash provided by operating activities:
Depreciation and amortization	198,119	192,937	164,994
In-process research and development expenses	5,640	1,780	750
Equity-based compensation expense	42,911	57,490	53,587
Loss (gain) on sale of equipment	197	(970)	(8)
Deferred income taxes	16,249	1,111	(21,095)
Gain on repurchase of convertible notes	(2,185)	0	0
Excess tax benefit from equity-based compensation	(18)	(211)	(795)
Loss (gain) from short-term interest-bearing investments	4,449	4,945	(3,012)
Net changes in operating assets and liabilities, net of amounts acquired:
Accounts receivable, net	131,527	(118,291)	(67,333)
Prepaid expenses and other current assets	(13,614)	4,173	(62)
Other noncurrent assets	(2,690)	(31,739)	(26,264)
Accounts payable, accrued expenses and accrued personnel	(160,321)	(27,501)	29,642
Deferred revenue	20,956	28,408	(96,674)
Income taxes payable, net	(19,980)	(26,824)	12,243
Noncurrent liabilities and other	(28,260)	18,799	12,984
Net cash provided by operating activities	519,156	483,013	423,894
Cash Flow from Investing Activities:
Proceeds from sale of equipment, vehicles and leasehold improvements	994	2,655	3,832
Payments for purchase of equipment and leasehold improvements	(83,325)	(135,823)	(166,426)
Proceeds from sale of short-term interest-bearing investments	1,045,278	708,708	781,315
Purchase of short-term interest-bearing investments	(963,433)	(685,873)	(969,198)
Net cash paid for acquisitions	(65,890)	(58,772)	(90,724)
Net cash used in investing activities	(66,376)	(169,105)	(441,201)
Cash Flow from Financing Activities:
Borrowings under long-term financing arrangements	450,000	0	0
Payments under long-term financing arrangements	(450,000)	0	0
Redemption of convertible notes	(330,780)	(175)	0
Repurchase of convertible notes	(116,015)	0	0
Repurchase of shares	(20,014)	(247,630)	(49,837)
Proceeds from employee stock options exercised	27,893	37,577	74,663
Payments under capital lease and short-term financing arrangements	(3,970)	(542)	0
Excess tax benefit from equity-based compensation	18	211	795
Net cash (used in) provided by financing activities	(442,868)	(210,559)	25,621
Net increase in cash and cash equivalents	9,912	103,349	8,314
Cash and cash equivalents at beginning of year	718,850	615,501	607,187
Cash and cash equivalents at end of year	728,762	718,850	615,501
Cash paid for:
Income taxes, net of refunds	39,793	51,273	44,642
Interest	$ 3,321	$ 4,863	$ 4,167

Nature of Entity	12 Months Ended
Nature of Entity	Sep. 30, 2009
Nature of Entity [Abstract]
Nature of Entity	Note 1 — Nature of Entity Amdocs Limited (the “Company”) is a leading provider of software and services for communications, media and entertainment industry service providers. The Company and its subsidiaries operate in one segment, providing integrated products and services. The Company designs, develops, markets, supports, implements and operates customer experience systems, including revenue management, customer management, service and resource management (OSS), personalized portal and value-added services, portfolio management, and consulting and managed services, primarily to leading wireless, wireline, cable and satellite service providers throughout the world. Amdocs also offers a full range of directory sales and publishing systems. The Company is a Guernsey corporation, which directly or indirectly holds numerous wholly-owned subsidiaries around the world. The majority of the Company’s customers are in North America, Europe, Latin America and the Asia-Pacific region. The Company’s main production and operating facilities are located in Canada, Cyprus, India, Ireland, Israel, the United States and China.

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2009
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 — Summary of Significant Accounting Policies *Basis of Presentation* The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles, or U.S. GAAP. Subsequent events were evaluated through December 7, 2009, the date these financial statements were issued. *Consolidation* The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. *Use of Estimates* The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. *Reclassifications* Certain immaterial amounts in prior years’ financial statements have been reclassified to conform to the current year’s presentation. *Functional Currency* The Company manages its foreign subsidiaries as integral direct components of its operations. The operations of the Company’s foreign subsidiaries provide the same type of services with the same type of expenditures throughout the Amdocs group. The Company has determined that its functional currency is the U.S. dollar. The Company periodically assesses the applicability of the U.S. dollar as the Company’s functional currency by reviewing the salient indicators as indicated in the authoritative guidance for foreign currency matters. *Cash and Cash Equivalents* Cash and cash equivalents consist of cash and interest-bearing investments with insignificant interest rate risk and original maturities of 90 days or less. *Investments* The Company classifies all of its short-term interest-bearing investments as available-for-sale securities. Such short-term interest-bearing investments consist primarily of money market funds, U.S. government treasuries, U.S. agencies and government guaranteed debt, which are stated at market value. Unrealized gains and losses are comprised of the difference between market value and amortized costs of such securities and are reflected, net of tax, as “accumulated other comprehensive income” in shareholders’ equity. Realized gains and losses on short-term interest-bearing investments are included in earnings and are derived using the specific identification method for determining the cost of securities. The Company recognizes an impairment charge when a decline in the fair value of its investments below the cost basis is judged to be other-than-temporary. For securities that the Company intends to sell, or it is more likely than not that the Company will be required to sell before recovery of their amortized cost basis, the entire difference between amortized cost and fair value is recognized in earnings. For securities that do not meet these criteria, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The Company uses a discounted cash flow analysis to determine the portion of the impairment that relates to the credit loss. To the extent that the net present value of the projected cash flows is less than the amortized cost of the security, the difference is considered credit loss and is recorded through earnings. *Equipment and Leasehold Improvements* Equipment and leasehold improvements are stated at cost. Assets under capital leases are recorded at the present value of the future minimum lease payments at the date of acquisition. Depreciation is computed using the straight-line method over the estimated useful life of the asset, which primarily ranges from three to ten years and includes the amortization of assets under capitalized leases. Leasehold improvements are amortized over the shorter of the estimated useful lives or the term of the related lease. Management reviews property and equipment and other long-lived assets on a periodic basis to determine whether events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. *Goodwill and Other Intangible Assets* Goodwill and intangible assets deemed to have indefinite lives are subject to an annual impairment test. Goodwill impairment is deemed to exist if the net book value of a reporting unit exceeds its estimated fair value. Other intangible assets are amortized over their useful lives. The total purchase price of business acquisitions accounted for using the purchase method is allocated first to identifiable assets and liabilities based on estimated fair values. The excess of the purchase price over the fair value of net assets of purchased businesses is recorded as goodwill. Other intangible assets consist primarily of core technology, customer arrangements and trademarks. Core technology and trademarks acquired by the Company are amortized over their estimated useful lives on a straight-line basis. Some of the acquired customer arrangements are amortized over their estimated useful lives in proportion to the economic benefits realized. This accounting policy results in accelerated amortization of such customer arrangements as compared to the straight-line method. All other acquired customer arrangements are amortized over their estimated useful lives on a straight-line basis. *Long-Lived Assets* The Company tests long-lived assets, including definite life intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Determination of recoverability of long-lived assets is based on an estimate of the undiscounted future cash flows resulting from the use of the asset and its eventual disposition. Measurement of an impairment loss for long-lived assets, including definite life intangible assets, that management expects to hold and use is based on the fair value of the asset. Long-lived assets, including definite life intangible assets, to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. *Comprehensive Income (Loss)* Comprehensive income, net of related taxes where applicable, includes, in addition to net income: (i) unrealized gains and losses on available-for-sale securities; (ii) unrealized gains and losses in respect of derivative instruments designated as a cash flow hedge; and (iii) unrealized losses on defined benefit plans. *Treasury Stock* The Company repurchases its ordinary shares from time to time on the open market or in other transactions and holds such shares as treasury stock. The Company presents the cost to repurchase treasury stock as a reduction of shareholders’ equity. *Income Taxes* The Company records deferred income taxes to reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting and tax purposes. Deferred taxes are computed based on tax rates anticipated to be in effect when the deferred taxes are expected to be paid or realized. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefit, or where future deductibility is uncertain. Deferred tax liabilities and assets are classified as current or noncurrent based on the classification of the related asset or liability for financial reporting, or according to the expected reversal dates of the specific temporary differences if not related to an asset or liability for financial reporting, and also include anticipated withholding taxes due on subsidiaries’ earnings when paid as dividends to the Company. The Company recognizes the tax benefit from an uncertain tax position only if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The Company will classify the liability for unrecognized tax benefits as current to the extent that the Company anticipates payment of cash within one year. Interest and penalties related to uncertain tax positions are recognized in the provision for income taxes. Please see Note 11 to the consolidated financial statements. *Revenue Recognition* Revenue is recognized only when all of the following conditions have been met: (i) there is persuasive evidence of an arrangement; (ii) delivery has occurred; (iii) the fee is fixed or determinable; and (iv) collectibility of the fee is reasonably assured. The Company usually sells its software licenses as part of an overall solution offered to a customer that combines the sale of software licenses with a broad range of services, which normally include significant customization, modification, implementation and integration. As a result, combined license and service revenue generally is recognized over the course of these long-term projects, using the percentage of completion method of accounting and in accordance with software revenue recognition authoritative guidance. When total cost estimates exceed revenues in a fixed-price arrangement, the estimated losses are recognized immediately based upon the cost applicable to the delivering unit. Initial license fee for software revenue is recognized as work is performed, under the percentage of completion method of accounting. Subsequent license fee revenue is recognized upon completion of specified conditions in each contract, based on a customer’s subscriber level or transaction volume or other measurements when greater than the level specified in the contract for the initial license fee. Service revenue that involves significant ongoing obligations, including fees for software customization, modification, implementation and integration as part of a long-term contract, is recognized as work is performed, under the percentage of completion method of accounting. Revenue from software solutions that do not require significant customization and modification is recognized upon delivery. Service revenue that does not involve significant ongoing obligations is recognized as services are rendered. Fees are generally considered fixed and determinable unless a significant portion (more than 10%) of the license and related service fee is due more than 12 months after delivery, in which case license and related services fees are recognized when payments are due. In managed services contracts and in other long term contracts, revenue from the operation of a customer’s system is recognized either as services are performed based on time elapsed, output produced or volume of data processed. Revenue from ongoing support services is recognized as work is performed or based on straight-line over the service period. Revenue from third-party hardware sales is recognized upon delivery and installation, and revenue from third-party software sales is recognized upon delivery. Revenue from third-party hardware and software sales is recorded at gross amount for transactions in which the Company is the primary obligor under the arrangement and/or possesses other attributes such as pricing and supplier selection latitude. In specific circumstances where the Company does not meet the above criteria, particularly when the contract stipulates that the Company is not the primary obligor, the Company recognizes revenue on a net basis. Included in service revenue are sales of third-party products. Revenue from sales of such products includes third-party computer hardware and computer software products. Revenue from third-party sales was less than 10% of total revenue in each of fiscal 2009, 2008 and 2007. Maintenance revenue is recognized ratably over the term of the maintenance agreement, which in most cases is one year. As a result of a significant portion of the Company’s revenue being subject to the percentage of completion accounting method, the Company’s annual and quarterly operating results may be significantly affected by the size and timing of customer projects and the Company’s progress in completing such projects. Many of the Company’s agreements include multiple deliverables. For these multiple element arrangements, the Company allocates revenue to each element based upon its relative fair value as determined by Vendor Specific Objective Evidence (“VSOE”). The Company uses the residual method in accordance with software revenue recognition and revenue arrangements with multiple deliverables authoritative guidance. In the absence of fair value for a delivered element, the Company first allocates revenue to the fair value of the undelivered elements and residual revenue to delivered elements. The residual method is used mainly in multiple element arrangements that include license for the sale of software solutions that do not require significant customization, modification, implementation and integration and maintenance to determine the appropriate value for the license component. Beginning October 1, 2009, the Company adopted the new authoritative guidance for revenue arrangements with multiple deliverables that are outside the scope of the software revenue recognition guidance. Please see Recent Accounting Pronouncements. In circumstances where the Company enters into a contract with a customer for the provision of managed services for a defined period of time, the Company defers certain incremental costs incurred at the inception of the contract. These costs include time and expense incurred in association with the origination of a contract. In addition, if the revenue for a delivered item is not recognized because it is not separable from the undelivered item, then the Company also defers the cost of the delivered item. The deferred costs are amortized on a straight-line basis over the life of the applicable customer contract. Revenue associated with these capitalized costs is deferred and is recognized over the same period. In cases where extended payment terms exist and revenue is deferred until payments are due, related costs are capitalized as contract costs and recognized as revenue is recognized. Deferred revenue represents billings to customers for licenses and services for which revenue has not been recognized. Deferred revenue that is expected to be recognized beyond the next twelve months is considered long-term deferred revenue. Unbilled accounts receivable include all revenue amounts that had not been billed as of the balance sheet date due to contractual or other arrangements with customers. Unbilled accounts receivable that are expected to be billed beyond the next twelve months are considered long-term unbilled receivables. Allowances that are netted against accounts receivable represent amounts provided for accounts for which their collectibility is not reasonably assured. *Cost of License and Cost of Service* Cost of license and cost of service consist of all costs associated with providing software licenses and services to customers, including identified losses on contracts and warranty expense. Estimated losses on contracts are recognized in the period in which the loss is identified. Estimated costs related to warranty obligations are initially provided at the time the product is delivered and are revised to reflect subsequent changes in circumstances and estimates. Cost of license includes license fees and royalty payments to software suppliers. Cost of service also includes costs of third-party products associated with reselling third-party computer hardware and software products to customers, when revenue from third-party products is recorded at the gross amount. Customers purchasing third-party products from the Company generally do so in conjunction with the purchase of services. *Research and Development* Research and development expenditures consist of costs incurred in the development of new software modules and product offerings, either as part of the Company’s internal product development programs, which are sold, leased or otherwise marketed, or in conjunction with customer projects. Research and development costs are expensed as incurred. Based on the Company’s product development process, technological feasibility is established upon completion of a detailed program design or, in the absence thereof, completion of a working model. Costs incurred by the Company after achieving technological feasibility and before the product is ready for customer release have been insignificant. *Equity-Based Compensation* The Company measures and recognizes the compensation expense for all equity-based payments to employees and directors based on their estimated fair values. The Company estimates the fair value of employee stock options at the date of grant using a Black-Scholes valuation model and values restricted stock based on the market value of the underlying shares at the date of grant. The Company recognizes compensation costs using the graded vesting attribution method that results in an accelerated recognition of compensation costs in comparison to the straight-line method. The Company uses a combination of implied volatility of the Company’s traded options and historical stock price volatility (“blended volatility”) as the expected volatility assumption required in the Black-Scholes option valuation model. As equity-based compensation expense recognized in the Company’s consolidated statements of income is based on awards ultimately expected to vest, it has been reduced for estimated forfeitures. *Fair Value of Financial Instruments* The Company’s financial instruments consist mainly of cash and cash equivalents, short-term interest-bearing investments, accounts receivable, accounts payable, and forward exchange contracts and options. The fair value of the financial instruments included in the accounts of the Company does not significantly vary from their carrying amount. *Concentrations of Credit Risk* Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash and cash equivalents, short-term interest-bearing investments and trade receivables. Cash and cash equivalents are maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions with reputable credit and therefore bear minimal credit risk. The Company seeks to mitigate its credit risks by spreading such risks across multiple counterparties and monitoring the risk profiles of these counterparties. The Company has conservative investment policy guidelines under which it invests its excess cash primarily in highly liquid U.S. dollar-denominated securities primarily with major U.S. institutions. The Company’s revenue is generated primarily in North America and Europe. To a lesser extent, revenue is generated in the Asia-Pacific region and Latin America. Most of the Company’s customers are among the largest communications and directory publishing companies in the world (or are owned by them). The Company’s business is subject to the effects of general global economic conditions and, in particular, market conditions in the communications industry. The Company performs ongoing credit analyses of its customer base and generally does not require collateral. The allowance for doubtful accounts is for estimated losses resulting from accounts receivable for which their collection is not reasonably assured. The Company evaluates accounts receivable to determine if they will ultimately be collected. Significant judgments and estimates are involved in performing this evaluation, which are based on factors that may affect a customer’s ability to pay, such as past experience, credit quality of the customer, age of the receivable balance and current economic conditions. As of September 30, 2009, the Company had one customer, including its subsidiaries, with an accounts receivable balance of more than 10% of total accounts receivable, aggregating 32.6%. This customer accounted for approximately 33% of our revenue in fiscal 2009. As of September 30, 2008, the Company had two customers, including their subsidiaries, with accounts receivable balances of more than 10% of total accounts receivable, aggregating 39.0% (27.5% and 11.5%). These two customers accounted for approximately 40% of our revenue in fiscal 2008. *Earnings per Share* Basic earnings per share is calculated using the weighted average number of shares outstanding during the period. Diluted earnings per share is computed on the basis of the weighted average number of shares outstanding and the effect of dilutive outstanding equity-based awards using the treasury stock method and the effect of dilutive outstanding convertible notes using the if-converted method. *Derivatives and Hedging* The Company carries out transactions involving foreign currency exchange derivative financial instruments. The transactions are designed to hedge the Company’s exposure in currencies other than the U.S. dollar. The Company recognizes derivative instruments as either assets or liabilities and measures those instruments at fair value. If a derivative meets the definition of a hedge and is so designated, changes in the fair value of the derivative are recognized in other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of a derivative designated as a hedge is recognized in earnings. If a derivative does not meet the definition of a hedge, the changes in the fair value are included in earnings. *Recent Accounting Pronouncements* In October 2009, the Financial Accounting Standards Board, or the FASB, issued authoritative guidance for revenue recognition relating to arrangements containing both hardware and software elements. Under the new guidance, tangible products that have software components that are essential to the functionality of the tangible product will no longer be within the scope of the software revenue recognition guidance, and will now be subject to other relevant revenue recognition guidance. Additionally, the FASB superseded its authoritative guidance for revenue arrangements with multiple deliverables that are outside the scope of the software revenue recognition guidance. The new guidance eliminates the residual method of revenue recognition and allows the use of management’s best estimate of selling price for individual elements of an arrangement when vendor specific objective evidence or third-party evidence is unavailable. Both guidance pronouncements will be effective for fiscal years starting June 15, 2010 and early adoption is permitted. The Company adopted the pronouncements effective October 1, 2009. In June 2009, the FASB issued authoritative guidance on the consolidation of variable interest entities, which is effective for the Company beginning October 1, 2010. The new guidance requires revised evaluations of whether entities represent variable interest entities, ongoing assessments of control over such entities, and additional disclosures for variable interests. The Company believes that the adoption of this new guidance will not have a material impact on its financial statements. In June 2008, the FASB issued authoritative guidance for determining whether instruments granted in share-based payment transactions are participating securities. According to this guidance, unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are considered participating securities. As such, they should be included in the computation of basic earnings per share, or EPS, using the two-class method. This guidance became effective for the Company beginning October 1, 2009. Once effective, all prior-period EPS data presented must be adjusted retrospectively. The Company believes that the adoption of this guidance will reduce previously reported basic and diluted earnings per share by up to $0.01 per share for fiscal 2009 and 2008. In February 2008, FASB delayed until the beginning of fiscal 2010, the effective date of the fair value measurements guidance for non-financial assets and non-financial liabilities, except those that are recognized or disclosed in the financial statements at fair value on a recurring basis (at least annually). The Company does not expect that the application of the fair value measurements guidance, when applied to non-financial assets and liabilities, will have a material impact on its results of operations or financial position. In December 2007, the FASB issued authoritative guidance on business combinations. The guidance significantly changes the accounting for business combinations and establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the identifiable assets acquired, the liabilities assumed and any noncontrolling interest in the acquiree and recognizes and measures the goodwill acquired in the business combination or a gain from a bargain purchase. Among the more significant changes, acquired in-process research and development will be capitalized and upon completion amortized over its useful life; acquisition costs will be expensed as incurred; restructuring costs will generally be expensed in periods after the acquisition date; contingent consideration will be recognized at fair value at the acquisition date with subsequent changes recognized in earnings, and reductions in deferred tax valuation allowance relating to a business acquisition will be recognized in earnings. In April 2009, the FASB issued an amendment to the revised business combination guidance regarding the accounting for assets acquired and liabilities assumed in a business combination that arise from contingencies. This guidance applies to the Company prospectively for business combinations for which the acquisition date is on or after October 1, 2009. In December 2007, the FASB issued authoritative guidance that changes the accounting and reporting for noncontrolling (minority) interests in consolidated financial statements, including the requirement to classify noncontrolling interests as a component of consolidated stockholders’ equity, the elimination of “minority interest” accounting in results of operations and changes in the accounting for both increases and decreases in a parent’s controlling ownership interest. This guidance became effective for the Company starting October 1, 2009. The Company does not expect that the application of this guidance will have a material impact on its consolidated results of operations and financial condition. *Adoption of New Accounting Standards* On July 1, 2009, the FASB issued the FASB Accounting Standards Codification (the “Codification”). The Codification became the single source of authoritative nongovernmental U.S. GAAP, superseding existing pronouncements issued by the FASB, the American Institute of Certified Public Accountants, the Emerging Issues Task Force and related literature. The Codification eliminates the previous U.S. GAAP hierarchy and establishes one level of authoritative GAAP. Rules and interpretive releases issued by the SEC under authority of federal securities law are also sources of the authoritative GAAP for SEC registrants. All other literature is considered non-authoritative. The Codification is effective for interim and annual periods ending after September 15, 2009. In May 2009, the FASB issued authoritative guidance on subsequent events, which sets forth the period after the balance sheet date during which management of a reporting entity should evaluate events or transactions that may have occurred for potential recognition or disclosure in the financial statements. The guidance also sets forth the circumstances under which an entity should recognize events or transactions occurring after the balance sheet date in its financial statements and the disclosures that an entity should make about events or transactions that occurred after the balance sheet date. The Company adopted this guidance during the quarter ended June 30, 2009. Please see Notes 2 and 4 to the Company’s consolidated financial statements. In April 2009, the FASB issued authoritative guidance on how to determine the fair value of an asset and a liability when the volume and level of activity for such asset or liability has significantly decreased in relation to normal market activity for such asset or liability. It also provides guidance on identifying circumstances that indicate a transaction is not orderly and when the use of multiple (or different) valuation techniques may be warranted and considered. In addition, this guidance requires disclosure in interim and annual periods of the inputs and valuation techniques used to measure fair value and a discussion of changes in valuation techniques. The adoption of this guidance on April 1, 2009, did not have a material impact on the Company’s financial statements. In April 2009, the FASB issued authoritative guidance on recognition and presentation of other-than-temporary impairments. This guidance clarifies the interaction of the factors that should be considered when determining whether a debt security is other than temporarily impaired; provides guidance on the amount of an other-than-temporary impairment recognized in earnings and other comprehensive income; and expands the disclosures required for other-than-temporary impairments for debt and equity securities. The guidance requires an entity to assess whether it intends to sell, or it is more likely than not that it will be required to sell a security before recovery of its amortized cost basis. If either of those criteria is met, the entire difference between amortized cost and fair value is recognized in earnings. For securities that do not meet these criteria, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income. The Company adopted this guidance on April 1, 2009, and reclassified the $1,783 non-credit related portion of other than temporary impairment losses recognized in prior period earnings as a cumulative effect adjustment that increased retained earnings and decreased accumulated other comprehensive income at April 1, 2009. Please see Note 5 to the Company’s consolidated financial statements. In April 2009, the FASB issued authoritative guidance regarding interim disclosures about fair value of financial instruments which were previously only disclosed on an annual basis. Entities are now required to disclose the fair value of financial instruments that are not recorded at fair value in the financial statements in both their interim and annual financial statements. Additionally, a disclosure of the methods and significant assumptions used to estimate the fair value of financial instruments on an interim basis as well as changes of the methods and significant assumptions from prior periods is required. This guidance does not change the accounting treatment for these financial instruments. The Company adopted this guidance on April 1, 2009. Please see Note 2 to the Company’s consolidated financial statements. In March 2008, the FASB issued amended guidance on disclosures about derivative instruments and hedging activities. This guidance applies to all derivative instruments and non-derivative instruments that are designated and qualify as hedging instruments and related hedged items. This guidance requires entities to provide greater transparency through additional disclosures about how and why an entity uses derivative instruments, how derivative instruments and related hedged items are accounted for, and how derivative instruments and related hedged items affect an entity’s financial position, results of operations and cash flows. The adoption of this guidance did not impact the Company’s consolidated financial results as it requires additional disclosure, rather than a change in accounting. Please see Note 6 to the Company’s consolidated financial statements. In February 2007, the FASB issued authoritative guidance on the fair value option for financial assets and financial liabilities, which allows an entity the irrevocable option to elect fair value for the initial and subsequent measurement for certain financial assets and liabilities under an instrument-by-instrument election. If the fair value option is elected for an instrument, subsequent changes in fair value for that instrument will be recognized in earnings. Effective October 1, 2008, the Company adopted this guidance, but it has not elected the fair value option for any eligible financial instruments as of September 30, 2009. In September 2006, the FASB issued authoritative guidance on fair value measurements, which defines fair value, establishes a framework for measuring fair value in GAAP, and expands disclosures about fair value measurements. In October 2008, the FASB issued additional guidance clarifying the application of the fair value measurements guidance in a market that is not active, and providing guidance on the key considerations in determining the fair value of a financial asset in such a market. Effective October 1, 2008, the Company adopted the measurement and disclosure requirements related to financial assets and financial liabilities. The adoption of this guidance for financial assets and financial liabilities did not have a material impact on the Company’s results of operations or the fair values of its financial assets and liabilities. Please see Note 4 to the Company’s consolidated financial statements.

Acquisitions	12 Months Ended
Acquisitions	Sep. 30, 2009
Acquisitions [Abstract]
Acquisitions	Note 3 — Acquisitions *SigValue* In February 2007, the Company acquired SigValue Technologies, Inc. (“SigValue”), a provider of an integrated billing, customer care and service control platform designed for telecommunications service providers in high-growth emerging markets around the world, where the customer base is predominantly comprised of mobile pre-paid subscribers. Prior to the acquisition, the Company owned 14% of SigValue’s outstanding capital stock and accounted for this investment under the cost method. Under the terms of the agreement, the Company acquired the balance of SigValue’s remaining share capital for $71,193, primarily cash. Upon closing of the acquisition, the Company recognized its 14% share in SigValue’s results from the time it first acquired an interest in SigValue through the purchase of the remaining shares. The Company’s share in pre-acquisition results was income of $1,916 which is included in restructuring charges, in-process research and development and other. This acquisition expanded the Company’s offering for service providers in fast growing emerging markets. The Company acquired few entities during fiscal 2008 and 2009. The entities have been consolidated into the Company’s results of operations since their respective acquisition dates. These acquisitions, individually and in the aggregate, were not material.

Fair Value Measurements

12 Months Ended

Sep. 30, 2009

Fair Value Measurements Abstract

Fair Value Measurements

Note 4 — Fair Value Measurements

The Company accounts for certain assets and liabilities at fair value. Fair value is the price that would be received from selling an asset or that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability.

The hierarchy below lists three levels of fair value based on the extent to which inputs used in measuring fair value are observable in the market. The Company categorizes each of its fair value measurements in one of these three levels based on the lowest level input that is significant to the fair value measurement in its entirety.

The three levels of inputs that may be used to measure fair value are as follows:

Level 1: Quoted prices in active markets for identical assets or liabilities;

Level 2: Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets), or other inputs that are observable (model-derived valuations in which significant inputs are observable) or can be derived principally from, or corroborated by, observable market data; and

Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2009:


	Level 1		Level 2		Total

Available-for-sale securities:
Money market funds	$	465,249	$	—	$	465,249
U.S. government treasuries		272,405		—		272,405
U.S. agencies		—		93,211		93,211
Government guaranteed debt		—		83,949		83,949
Supranational and sovereign debt		—		15,751		15,751
Corporate bonds		—		32,130		32,130
Asset backed obligations		—		16,645		16,645
Mortgages (including agencies and corporate)		—		32,392		32,392
Commercial paper		8,000		14		8,014

Total available-for-sale securities		745,654		274,092		1,019,746

Derivative financial instruments, net		—		13,882		13,882

Total	$	745,654	$	287,974	$	1,033,628

Available for sale securities that are classified as Level 2 assets are priced using observable data that may include quoted market prices for similar instruments, market dealer quotes, market spreads, non-binding market prices that are corroborated by observable market data and other observable market information and discounted cash flow techniques. The Company’s derivative instruments are classified as Level 2 as they represent foreign currency forward and option contracts valued primarily based on observable inputs including forward rates and yield curves.

Available-For-Sale Securities

12 Months Ended

Sep. 30, 2009

Available-For-Sale Securities [Abstract]

Available-For-Sale Securities


Note 5 —	Available-For-Sale Securities

Available-for-sale securities consist of the following interest-bearing investments:


	As of September 30, 2009
			Gross Unrealized		Gross Unrealized
	Amortized Cost		Gains		Losses		Fair Value

Money market funds	$	465,249	$	—	$	—	$	465,249
U.S. government treasuries		271,483		922		—		272,405
U.S. agencies		91,772		1,439		—		93,211
Government guaranteed debt		83,212		764		27		83,949
Supranational and sovereign debt		15,610		141		—		15,751
Corporate bonds		32,924		730		1,524		32,130
Asset backed obligations		19,630		179		3,164		16,645
Mortgages (including agencies and corporate)		38,339		552		6,499		32,392
Commercial paper		8,127		—		113		8,014

Total(1)	$	1,026,346	$	4,727	$	11,327	$	1,019,746


(1)		Available-for-sale securities are classified as short term interest-bearing investments on the Company’s balance sheet, except for $575,467 of securities with original maturities of 90 days or less which are included in cash and cash equivalents as of September 30, 2009.


	As of September 30, 2008
			Gross Unrealized		Gross Unrealized
	Amortized Cost		Gains		Losses		Fair Value

Money market funds	$	266,993	$	—	$	—	$	266,993
U.S. government treasuries		155,725		1,358		118		156,965
U.S. agencies		179,384		1,134		280		180,238
Corporate bonds		103,578		180		1,872		101,886
Asset backed obligations		71,651		253		2,725		69,179
Mortgages (including agencies and corporate)		66,362		251		7,936		58,677
Commercial paper/certificates of deposits		85,286		—		107		85,179

Total(1)	$	928,979	$	3,176	$	13,038	$	919,117


(1)		Available-for-sale securities are classified as short term interest-bearing investments on the Company’s balance sheet, except for $393,589 of securities with original maturities of 90 days or less which are included in cash and cash equivalents as of September 30, 2008.

As of September 30, 2009, the unrealized losses were primarily due to credit market conditions and interest rate movements. A significant portion of the unrealized losses has been in a continuous loss position for 12 months or greater. In the quarter ended June 30, 2009, the Company adopted the April 2009 accounting pronouncement that provides guidance on recognition and presentation of other-than-temporary impairments and assessed whether the unrealized losses for the investments in its portfolio were other-than-temporary under this guidance. For securities the Company intends to sell or it is more likely than not that it will be required to sell the securities before recovery, the entire difference between amortized cost and fair value is recognized in earnings. For securities that the Company does not intend to sell and it is not more likely than not that the Company will be required to sell, the Company used a discounted cash flow analysis to determine the portion of the impairment that relates to credit loss. To the extent that the net present value of the projected cash flows is less than the amortized cost of the security, the difference is considered a credit loss and is recorded through earnings. The inputs on the future performance of the underlying assets used in the cash flow models include prepayments, defaults and loss severity assumptions. Based on this assessment, the Company recognized through earnings a credit loss of $1,094 in fiscal 2009. As of September 30, 2009, unrealized losses of $3,463 related to other-than-temporarily impaired securities are included in accumulated other comprehensive loss.

A non-credit related amount of $1,783 for other-than-temporary impairment losses recognized in earnings prior to April 1, 2009 was reclassified as a cumulative effect adjustment that increased retained earnings and decreased accumulated other comprehensive income at April 1, 2009.

The following table presents a cumulative roll forward of credit losses recognized in earnings as of September 30, 2009:


Balance as of April 1, 2009	$	794
Credit loss on debt securities for which an other-than-temporary impairment was not previously recognized		667
Additional credit loss on debt securities for which an other-than-temporary impairment was previously recognized		427
Reductions for securities realized during the period		(131	)

Balance as of September 30, 2009	$	1,757

As of September 30, 2009, the Company’s available-for-sale securities had the following maturity dates:


	Market Value

Due within one year	$	737,698
Due within two years		123,929
Due within three years		81,520
Due within four years		31,965
Thereafter		44,634

	$	1,019,746

Derivative Financial Instruments

12 Months Ended

Sep. 30, 2009

Derivative Financial Instruments [Abstract]

Derivative Financial Instruments


Note 6 —	Derivative Financial Instruments

The Company’s risk management strategy includes the use of derivative financial instruments to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates. The Company does not enter into derivative transactions for trading purposes.

The Company’s derivatives expose it to credit risks from possible non-performance by counterparties. The maximum amount of loss due to credit risk that the Company would incur if counterparties to the derivative financial instruments failed completely to perform according to the terms of the contracts, based on the gross fair value of the Company’s derivative contracts that are favorable to the Company, was approximately $19,630 as of September 30, 2009. The Company has limited its credit risk by entering into derivative transactions exclusively with investment-grade rated financial institutions and monitors the creditworthiness of these financial institutions on an ongoing basis.

The Company classifies cash flows from its derivative transactions as cash flows from operating activities in the consolidated statements of cash flow.

The table below presents the total volume or notional amounts of the Company’s derivative instruments as of September 30, 2009. Notional values are U.S. dollar translated and calculated based on forward rates as of September 30, 2009 for forward contracts and based on spot rates as of September 30, 2009 for options.


	Notional Value*

Foreign exchange contracts	$	524,318


(*)		Gross notional amounts do not quantify risk or represent assets or liabilities of the Company, but are used in the calculation of settlements under the contracts.

The Company records all derivative instruments on the balance sheet at fair value. Please see Note 4 to the consolidated financial statements. The fair value of the open foreign exchange contracts recorded by the Company on its consolidated balance sheets as of September 30, 2009, as an asset or a liability is as follows:


	As of September 30, 2009

*Derivatives designated as hedging instruments*
Prepaid expenses and other current assets	$	19,023
Other noncurrent assets		24
Accrued expenses and other current liabilities		(3,709	)
Noncurrent liabilities and other		(32	)

		15,306
*Derivatives not designated as hedging instruments*
Prepaid expenses and other current assets		583
Accrued expenses and other current liabilities		(2,007	)

		(1,424	)

Net fair value	$	13,882

Cash Flow Hedges

In order to reduce the impact of changes in foreign currency exchange rates on its results, the Company enters into foreign currency exchange forward contracts and options contracts to purchase and sell foreign currencies to hedge a significant portion of its foreign currency net exposure resulting from revenue and expense transactions denominated in currencies other than the U.S. dollar. The Company designates these contracts for accounting purposes as cash flow hedges. The Company currently hedges its exposure to the variability in future cash flows for a maximum period of two years (a significant portion of the forward contracts and options outstanding as of September 30, 2009 are expected to mature within the next 12 months).

The effective portion of the gain or loss on the derivative instruments is initially recorded as a component of other comprehensive income (loss), a separate component of shareholders’ equity, and subsequently reclassified into earnings to the same line item as the related forecasted transaction and in the same period or periods during which the hedged exposure affects earnings. The cash flow hedges are evaluated for effectiveness at least quarterly. As the critical terms of the forward contract or options and the hedged transaction are matched at inception, the hedge effectiveness is assessed generally based on changes in the fair value for cash flow hedges as compared to the changes in the fair value of the cash flows associated with the underlying hedged transactions. Hedge ineffectiveness, if any, and hedge components, such as time value, excluded from assessment of effectiveness testing for hedges of estimated receipts from customers, are recognized immediately in interest (expense) income and other, net.

Gain or loss on the derivative instruments, which partially offset the foreign currency impact from the underlying exposures, reclassified from other comprehensive income into revenue, cost of service, research and development and selling, general and administrative for the nine months ended September 30, 2009 were $3,039, $(17,679), $(2,836) and $(2,483), respectively (an aggregate of $(19,614), net of taxes). The ineffective portion of the change in fair value of a cash flow hedge, including the time value portion excluded from effectiveness testing for the nine months ended September 30, 2009, was not material.

As of September 30, 2009, amounts related to derivatives designated as cash flow hedges and recorded in accumulated other comprehensive income totaled $12,936 which will be reclassified into earnings within the next 12 months and will partially offset the foreign currency impact from the underlying exposures. The amount ultimately realized in earnings will likely differ due to future changes in foreign exchange rates. Gains (losses) from cash flow hedges recognized in other comprehensive income during the nine months ended September 30, 2009 were $4,152, or $3,841 net of taxes.

Cash flow hedges are required to be discontinued in the event it becomes probable that the underlying forecasted hedged transaction will not occur. The Company did not discontinue any cash flow hedges during any of the periods presented nor does the Company anticipate any such discontinuances in the normal course of business.

The activity related to the changes in net unrealized (losses) gains on cash flow hedges, net of tax, is as follows:


Net unrealized losses on cash flow hedges, net of tax, as of December 31, 2008	$	(10,519	)
Changes associated with hedging transactions, net of tax $(311)		3,841
Reclassification into earnings, net of tax $(344)		19,614

Net unrealized gains on cash flow hedges, net of tax, as of September 30, 2009	$	12,936

Other Risk Management Derivatives

The Company also enters into foreign currency exchange forward contracts that are not designated as hedging instruments under hedge accounting and are used to reduce the impact of foreign currency on certain balance sheet exposures and certain revenue and expense.

These instruments are generally short term in nature, with typical maturities of less than one year, and are subject to fluctuations in foreign exchange rates. Gains or losses on these derivatives, which partially offset the foreign currency impact from the underlying exposures, classified into revenue, cost of service, research and development, selling, general and administrative, interest (expense) income and other, net and income taxes for the nine months ended September 30, 2009 were $(4,395), $1,425, $(1,204), $920, $(10,761) and $(496), respectively.

Accounts Receivable Net

12 Months Ended

Sep. 30, 2009

Accounts Receivable, Net [Abstract]

Accounts Receivable, Net


Note 7 —	Accounts Receivable, Net

Accounts receivable, net consists of the following:


	As of September 30,
	2009			2008

Accounts receivable — billed	$	443,094		$	560,064
Accounts receivable — unbilled		21,749			48,264
Less — allowances(1)		(9,878	)		(34,564	)

Accounts receivable, net	$	454,965		$	573,764


(1)		The decrease in accounts receivable allowances in fiscal 2009, was primarily attributable to a settlement with a customer in which the allowances were written off against the related accounts receivable and had no impact on revenue or net income in fiscal 2009.

Equipment and Leasehold Improvements Net

12 Months Ended

Sep. 30, 2009

Equipment and Leasehold Improvements, Net [Abstract]

Equipment and Leasehold Improvements, Net

Note 8 — Equipment and Leasehold Improvements, Net

Components of equipment and leasehold improvements, net are:


	As of September 30,
	2009			2008

Computer equipment	$	725,398		$	671,126
Leasehold improvements		145,539			144,319
Furniture, fixtures and other		53,179			51,420

		924,116			866,865
Less accumulated depreciation		(644,457	)		(549,784	)

	$	279,659		$	317,081

Total depreciation expense on equipment and leasehold improvements for fiscal years 2009, 2008 and 2007, was $110,365, $103,740 and $85,916, respectively.

Goodwill and Intangible Assets Net

12 Months Ended

Sep. 30, 2009

Goodwill and Intangible Assets, Net [Abstract]

Goodwill and Intangible Assets, Net

Note 9 — Goodwill and Intangible Assets, Net

The following table presents details of the Company’s total goodwill:


As of October 1, 2007	$	1,489,132
Increase in Cramer goodwill as a result of valuation allowance of pre-existing losses adjustment		19,653
Other(1)		17,586

As of September 30, 2008		1,526,371
Other(1)		16,534
Decrease in goodwill as a result of release of valuation allowances on deferred tax assets		(3,481	)

As of September 30, 2009	$	1,539,424


(1)		Represents goodwill related primarily to immaterial acquisitions.

The following table presents the amortization expense of the Company’s purchased intangible assets, included in each financial statement caption reported in the consolidated statements of income:


	Year ended September 30,
	2009		2008		2007

Cost of license	$	—	$	—	$	2,402
Cost of service		1,820		849		—
Amortization of purchased intangible assets		85,153		86,687		74,959

Total	$	86,973	$	87,536	$	77,361

The Company performs an annual goodwill impairment test during the fourth quarter of each fiscal year, or more frequently if impairment indicators are present. The Company operates in one operating segment, and this segment comprises its only reporting unit. In calculating the fair value of the reporting unit, the Company used its market capitalization and a discounted cash flow methodology. There was no impairment of goodwill at the annual impairment test date.

The following table presents details of the Company’s total purchased intangible assets:


	Estimated
	useful life				Accumulated
	(in years)		Gross		Amortization			Net

September 30, 2009
Core technology		3-7	$	317,952	$	(225,328	)	$	92,624
Customer arrangements		6-15		281,254		(158,704	)		122,550
Intellectual property rights and purchased computer software		3-10		51,996		(51,996	)		—
Other		2-10		18,546		(6,383	)		12,163

Total			$	669,748	$	(442,411	)	$	227,337

September 30, 2008
Core technology		3-7	$	290,648	$	(175,989	)	$	114,659
Customer arrangements		6-15		267,938		(123,734	)		144,204
Intellectual property rights and purchased computer software		3-10		51,996		(51,996	)		—
Other		2-10		15,407		(3,719	)		11,688

Total			$	625,989	$	(355,438	)	$	270,551

The estimated future amortization expense of purchased intangible assets as of September 30, 2009 is as follows:


	Amount

Fiscal year:
2010	$	76,753
2011		55,078
2012		30,642
2013		18,084
2014		10,661
Thereafter		36,119

Total	$	227,337

Other Noncurrent Assets

12 Months Ended

Sep. 30, 2009

Other Noncurrent Assets [Abstract]

Other Noncurrent Assets


Note 10 —	Other Noncurrent Assets

Other noncurrent assets consist of the following:


	As of September 30,
	2009		2008

Funded employee benefit costs(1)	$	112,300	$	115,874
Deferred costs(2)		92,129		81,402
Long term accounts receivable-unbilled		38,600		47,055
Rent and other deposits		7,912		8,146
Prepaid maintenance and other		5,928		7,231
Other		14,908		12,592

	$	271,777	$	272,300


(1)		Please see Note 18 to the consolidated financial statements.

(2)		Please see Note 2 to the consolidated financial statements.

Income Taxes

12 Months Ended

Sep. 30, 2009

Income Taxes [Abstract]

Income Taxes

Note 11 — Income Taxes

The provision (benefit) for income taxes consists of the following:


	Year ended September 30,
	2009		2008		2007

Current	$	21,361	$	36,341	$	66,780
Deferred		18,617		2,304		(23,718	)

	$	39,978	$	38,645	$	43,062

All income taxes are from continuing operations reported by the Company in the applicable taxing jurisdiction. Income taxes also include anticipated withholding taxes due on subsidiaries’ earnings when paid as dividends to the Company.

Deferred income taxes are comprised of the following components:


	As of September 30,
	2009			2008

Deferred tax assets:
Deferred revenue	$	21,499		$	13,905
Accrued employee costs		43,772			56,780
Intangible assets, computer software and intellectual property		24,691			26,692
Net operating loss carryforwards		128,000			160,140
Other		73,633			70,835

Total deferred tax assets		291,595			328,352
Valuation allowances(1)		(82,780	)		(76,481	)

Total deferred tax assets, net		208,815			251,871

Deferred tax liabilities:
Anticipated withholdings on subsidiaries’ earnings		(42,595	)		(47,029	)
Intangible assets, computer software and intellectual property		(96,747	)		(103,944	)
Managed services costs		(16,339	)		(16,097	)
Other		(17,751	)		(26,607	)

Total deferred tax liabilities		(173,432	)		(193,677	)

Net deferred tax assets	$	35,383		$	58,194


(1)		Subsequent releases of the valuation allowance will be recognized through earnings.

The effective income tax rate varied from the statutory Guernsey tax rate as follows:


	Year ended September 30,
	2009			2008			2007

Statutory Guernsey tax rate		0	%		0	%		20	%
Guernsey tax-exempt status		—			—			(20	)
Foreign taxes		11			9			11

Effective income tax rate		11	%		9	%		11	%

As a Guernsey company subject to a corporate tax rate of zero percent, the Company’s overall effective tax rate is attributable to foreign taxes. Tax legislation enacted in Guernsey with effect from January 1, 2008 repealed the exemption that the Company previously utilized, and subjects the Company to a corporate tax rate of zero percent, which has not affected the Company’s overall effective tax rate.

During fiscal 2009, the net increase in valuation allowances was $6,299, which related to the uncertainty of realizing tax benefits primarily for net capital and operating loss carryforwards related to certain of its subsidiaries and was recorded primarily to income tax expense. The Company released $3,481 of the valuation allowance in connection with fiscal 2006 and 2008 acquisitions. Prior to the adoption of the new business combination authoritative guidance on October 1, 2009, realization of the valuation allowances associated with business combinations was recorded as an adjustment of goodwill and amounts not associated with business combinations were recognized as part of income tax expense. As of September 30, 2009, the Company had net operating loss carryforwards of $443,753. The periods at which $163,916 of these net operating loss carryforwards expire are up to 20 years and the remainder do not expire.

During fiscal 2008, the net change in valuation allowances was $43,230, which related to the uncertainty of realizing tax benefits for net capital and operating loss carryforwards related to certain of its subsidiaries. The Company recorded $26,208 of the valuation allowance in connection with fiscal 2006 acquisitions. During fiscal 2008, the Company recorded a deferred tax asset for carryforward losses relating to one of its subsidiaries as the statute of limitation related to the fiscal years in which these losses had occurred lapsed. This deferred tax asset was partially offset by a valuation allowance.

Effective October 1, 2007, the Company adopted the requirements of FASB Interpretation No. 48, Accounting For Uncertainty in Income Taxes (primarily codified in FASB Topic 740-10, Income Taxes), which prescribes a comprehensive model for the financial statement recognition, measurement, classification and disclosure of uncertain tax positions. The adoption of this guidance did not result in a change to the Company’s retained earnings. Prior to the adoption of this guidance, the Company classified unrecognized tax benefits in current income taxes payable. In implementing this guidance, the Company has reclassified unrecognized tax benefits for which the Company does not anticipate making payment within one year to long-term income taxes payable.

The aggregate changes in the balance of the Company’s gross unrecognized tax benefits were as follows:


	Year ended September 30,
	2009			2008

Balance at beginning of fiscal year	$	85,772		$	108,929
Additions based on tax positions related to the current year		16,285			19,280
Additions for tax positions of prior years		3,918			1,142
Settlements with tax authorities(1)		—			(43,080	)
Lapse of statute of limitations		(2,671	)		(499	)

Balance at end of fiscal year	$	103,304		$	85,772


(1)		As a result of settlements of certain tax matters during fiscal 2008, the amount of gross unrecognized tax benefits was reduced by $43,080 (including interest), of which $13,185 was recorded as tax payable. The statute of limitations applicable to some of the items released as a result of these settlements would have been lapsed during 2008.

The total amount of unrecognized tax benefits, which includes interest and penalties, was $103,304 as of September 30, 2009, all of which would affect the effective tax rate if realized.

The Company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes. As of September 30, 2009, the Company has accrued $16,038 in income taxes payable for interest and penalties relating to unrecognized tax benefits, of which $2,041 of net interest and penalties expense was recognized in the statement of income in fiscal 2009. As of September 30, 2008, the Company has accrued $13,997 in income taxes payable for interest and penalties relating to unrecognized tax benefits, of which $1,596 of net interest and penalties income was recognized in the statement of income in fiscal 2008.

The Company is currently under audit in several jurisdictions for the tax years 2001 and onwards. Timing of the resolution of audits is highly uncertain and therefore the Company cannot estimate the change in unrecognized tax benefits resulting from these audits within the next 12 months.

Within the next 12 months the Company believes that the amount of unrecognized tax benefits will increase in the ordinary course of business, in addition it is reasonably possible that the amount of unrecognized tax benefits will decrease by $2,673 as a result of lapse of statute of limitations in jurisdictions in which the Company operates.

Repurchase of Shares	12 Months Ended
Repurchase of Shares	Sep. 30, 2009
Repurchase of Shares [Abstract]
Repurchase of Shares	Note 12 — Repurchase of Shares In August 2007, the Company announced that its board of directors had authorized a share repurchase plan allowing the repurchase of up to $400,000 of its outstanding ordinary shares. The authorization permitted the Company to purchase its ordinary shares in open market or privately negotiated transactions at times and prices that it considered appropriate. In fiscal 2008, the Company repurchased 8,370 ordinary shares at an average price of $30.45 per share (excluding broker and transaction fees). In the first quarter of fiscal 2009, the Company repurchased 468 ordinary shares under this repurchase program, at an average price of $26.90 per share (excluding broker and transaction fees). As of August 2009, this authority to repurchase ordinary shares expired.

Financing Arrangements	12 Months Ended
Financing Arrangements	Sep. 30, 2009
Financing Arrangements [Abstract]
Financing Arrangements	Note 13 — Financing Arrangements In November 2007, the Company entered into an unsecured $500,000 five-year revolving credit facility with a syndicate of banks, which is available for general corporate purposes, including acquisitions and repurchases of ordinary shares that the Company may consider from time to time. The interest rate for borrowings under the revolving credit facility is chosen at the Company’s option from several pre-defined alternatives, depends on the circumstances of any advance and is based on the Company’s credit ratings. As of September 30, 2009, the Company was in compliance with the financial covenants under the revolving credit facility. During the first half of fiscal 2009, the Company borrowed an aggregate of $450,000 under the facility at an average interest rate equal to LIBOR plus 40 basis points and used the proceeds to acquire its outstanding notes as described in Note 14 to the consolidated financial statements. During the second half of fiscal 2009, the Company repaid all of the $450,000 outstanding under its credit facility. As of September 30, 2009, the Company had outstanding letters of credit and bank guarantees of $15,057. These were supported by a combination of the credit facilities and restricted cash balances that the Company maintains with various banks. In addition, as of September 30, 2009, the Company had outstanding obligations of $881 in connection with leasing arrangements.

Convertible Notes	12 Months Ended
Convertible Notes	Sep. 30, 2009
Convertible Notes [Abstract]
Convertible Notes	Note 14 — Convertible Notes In March 2004, the Company issued $450,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2024 (the “0.50% Notes”) through a private placement to qualified institutional buyers pursuant to a Rule 144A offering under the Securities Act. The Company is obligated to pay interest on the 0.50% Notes semi-annually on March 15 and September 15 of each year. The 0.50% Notes are senior unsecured obligations of the Company and rank equal in right of payment with all existing and future senior unsecured indebtedness of the Company. The 0.50% Notes are convertible, at the option of the holders at any time before the maturity date, into ordinary shares of the Company at a conversion rate of 23.1911 shares per one thousand dollars principal amount, representing a conversion price of approximately $43.12 per share, as follows: (i) during any fiscal quarter commencing after March 31, 2004, and only during that quarter if the closing sale price of the Company’s ordinary shares exceeds 130% of the conversion price for at least 20 trading days in the 30 consecutive trading days ending on the last trading day of the proceeding fiscal quarter (initially 130% of $43.12 or $56.06); (ii) upon the occurrence of specified credit rating events with respect to the notes; (iii) subject to certain exceptions, during the five business day period after any five consecutive trading day period in which the trading price per note for each day of that measurement period was less than 98% of the product of the closing sale price of the Company’s ordinary shares and the conversion rate; provided, however, holders may not convert their notes (in reliance on this subsection) if on any trading day during such measurement period the closing sale price of the Company’s ordinary shares was between 100% and 130% of the then current conversion price of the notes (initially, between $43.12 and $56.06); (iv) if the notes have been called for redemption; or (v) upon the occurrence of specified corporate events. The 0.50% Notes are subject to redemption at any time, in whole or in part, at the option of the Company, at a redemption price of 100% of the principal amount plus accrued and unpaid interest, if any, on such redemption date. The 0.50% Notes are subject to repurchase, at the holders’ option, on March 15, 2014 and 2019, at a repurchase price equal to 100% of the principal amount plus accrued and unpaid interest, if any, on such repurchase date. The Company may choose to pay the repurchase price in cash, ordinary shares or a combination of cash and ordinary shares. During fiscal 2009, using proceeds from the Company’s revolving credit facility, the Company purchased $448,980 aggregate principal amount of its 0.50% convertible notes at an average price of 99.5% of the principal amount, excluding accrued interest and transaction fees. As of September 30, 2009, $1,020 aggregate principal amount of the notes remained as obligations of the Company, due 2024, in accordance with their terms.

Noncurrent Liabilities and Other

12 Months Ended

Sep. 30, 2009

Noncurrent Liabilities and Other [Abstract]

Noncurrent Liabilities and Other

Note 15 — Noncurrent Liabilities and Other

Noncurrent liabilities and other consist of the following:


	As of September 30,
	2009		2008

Accrued employees costs(1)	$	152,994	$	172,340
Noncurrent customer advances		53,611		19,349
Accrued pension liability(2)		9,540		19,194
Accrued lease obligations		6,417		5,730
Accrued print and mail obligation		4,838		6,980
Other		2,967		3,707

	$	230,367	$	227,300


(1)		Primarily severance pay liability in accordance with Israeli law. Please see Note 18 to the consolidated financial statements.

(2)		Relates to funded status of non-contributory defined benefit plans. Please see Note 18 to the consolidated financial statements.

Interest (expense) income and other net

12 Months Ended

Sep. 30, 2009

Interest (expense) income and other, net [Abstract]

Interest (expense) income and other, net

Note 16 — Interest (expense) income and other, net

Interest (expense) income and other, net consists of the following:


	Year ended September 30,
	2009			2008			2007

Interest income	$	16,371		$	42,839		$	49,138
Interest expense		(6,977	)		(6,772	)		(6,540	)
Gain from repurchase of 0.5% Notes(1)		2,185			—			—
Foreign exchange (loss) gain		(5,713	)		(18,856	)		9,232
Other, net		(7,031	)		(5,256	)		(1,264	)

	$	(1,165	)	$	11,955		$	50,566


(1)		See Note 14 to the consolidated financial statements.

Contingencies

12 Months Ended

Sep. 30, 2009

Contingencies [Abstract]

Contingencies

Note 17 — Contingencies

Commitments

The Company leases office space under non-cancelable operating leases in various countries in which it does business. Future minimum non-cancelable lease payments required after October 1, 2009 are as follows:


For the years ended September 30,

2010	$	50,389
2011		37,505
2012		18,145
2013		15,529
2014		10,512
Thereafter		3,970

	$	136,050

Future minimum non-cancelable lease payments, as stated above, do not reflect committed future sublease income of $4,286, $4,228, $3,237, $1,631, and $469 for the years ended September 30, 2010, 2011, 2012, 2013 and 2014 and thereafter, respectively.

Rent expense net of sublease income, including accruals for future lease losses, was approximately $43,726, $39,572 and $42,209 for fiscal 2009, 2008 and 2007, respectively.

The Company leases vehicles under operating leases. Future minimum non-cancelable lease payments required after October 1, 2009 are as follows:


For the years ended September 30,

2010	$	14,090
2011		6,310
2012		1,651

	$	22,051

Legal Proceedings

The Company is involved in various legal proceedings arising in the normal course of its business. Based upon the advice of counsel, the Company does not believe that the ultimate resolution of these matters will have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows.

Guarantor’s Accounting and Disclosure Requirements for Guarantees

The Company generally sells its products with a limited warranty for a period of 90 days. The Company’s policy is to accrue for warranty costs, if needed, based on historical trends in product failure. Based on the Company’s experience, only minimal warranty charges have been required and, as a result, the Company did not accrue any amounts for product warranty liability during fiscal years 2009, 2008 and 2007.

The Company generally indemnifies its customers against claims of intellectual property infringement made by third parties arising from the use of the Company’s software. To date, the Company has incurred and recorded only minimal costs as a result of such obligations in its consolidated financial statements.

Employee Benefits	12 Months Ended
Employee Benefits	Sep. 30, 2009
Employee Benefits [Abstract]
Employee Benefits	Note 18 — Employee Benefits The Company accrues severance pay for the employees of its Israeli operations in accordance with Israeli law and certain employment procedures on the basis of the latest monthly salary paid to these employees and the length of time that they have worked for the Israeli operations. The severance pay liability, which is included as accrued employee costs in noncurrent liabilities and other, is partially funded by amounts on deposit with insurance companies, which are included in other noncurrent assets. These severance expenses were $14,616, $26,085 and $28,832 for fiscal 2009, 2008 and 2007, respectively. The Company sponsors defined contribution plans covering certain of its employees around the world. The plans primarily provide for Company matching contributions based upon a percentage of the employees’ contributions. The Company’s contributions in fiscal 2009, 2008 and 2007 under such plans were not material compared to total operating expenses. The Company maintains non-contributory defined benefit plans that provide for pension, other retirement and post employment benefits for employees of a Canadian subsidiary based on length of service and rate of pay. The Company accrues its obligations to these employees under employee benefit plans and the related costs net of returns on plan assets. Pension expense and other retirement benefits earned by employees are actuarially determined using the projected benefit method pro-rated on service and based on management’s best estimates of expected plan investments performance, salary escalation, retirement ages of employees and expected health care costs. The Company recognized the funded status of such plans in the balance sheet. The fair value of the employee benefit plans’ assets is based on market values. The plan assets are valued at market value for the purpose of calculating the expected return on plan assets and the amortization of experienced gains and losses. Past service costs, which may arise from plan amendments, are amortized on a straight-line basis over the average remaining service period of the employees who were active at the date of amendment. The excess of the net actuarial gain (loss) over 10% of the greater of the benefit obligation and the market-related value of plan assets is amortized over the average remaining service period of active employees. The pension and other benefits costs in fiscal 2009, 2008 and 2007 were $686, $1,213 and $1,237, respectively.

Stock Option and Incentive Plan

12 Months Ended

Sep. 30, 2009

Stock Option and Incentive Plan [Abstract]

Stock Option and Incentive Plan

Note 19 — Stock Option and Incentive Plan

In January 1998, the Company adopted the 1998 Stock Option and Incentive Plan (the “Plan”), which provides for the grant of restricted stock awards, stock options and other equity-based awards to employees, officers, directors, and consultants. The purpose of the Plan is to enable the Company to attract and retain qualified personnel and to motivate such persons by providing them with an equity participation in the Company. Since its adoption, the Plan has been amended on several occasions to, among other things, increase the number of ordinary shares issuable under the Plan. In January 2008, the maximum number of ordinary shares authorized to be granted under the Plan was increased from 46,300 to 55,300. Awards granted under the Plan generally vest over a period of four years and stock options have a term of ten years.

The following table summarizes information about options to purchase the Company’s ordinary shares, as well as changes during the years ended September 30, 2009, 2008 and 2007:


	Number of
	Share			Weighted Average
	Options			Exercise Price

Outstanding as of October 1, 2006		22,794.0		$	29.02
Granted		2,830.2			35.92
Exercised		(3,970.1	)		18.80
Forfeited		(1,197.6	)		34.77

Outstanding as of September 30, 2007		20,456.5			31.62
Granted		5,631.1			33.05
Exercised		(2,051.7	)		18.31
Forfeited		(1,648.2	)		35.85

Outstanding as of September 30, 2008		22,387.7			32.89
Granted		3,658.1			18.70
Exercised		(1,289.4	)		21.63
Forfeited		(3,435.0	)		34.20

Outstanding as of September 30, 2009		21,321.4		$	30.93

Exercisable on September 30, 2009(1)		12,947.7		$	33.43


(1)		At September 30, 2009, the weighted average remaining contractual life of exercisable options was 4.25 years.

The following table summarizes information relating to awards of restricted shares, as well as changes during the years ended September 30, 2009, 2008 and 2007:


				Weighted Average
	Number of			Grant Date Fair
	Shares			Value

Outstanding as of October 1, 2006		780.3		$	32.89
Granted		468.1			37.04
Vested		(235.8	)		33.76
Forfeited		(57.5	)		36.43

Outstanding as of September 30, 2007		955.1			34.50
Granted		611.1			32.53
Vested		(321.5	)		32.81
Forfeited		(139.6	)		35.45

Outstanding as of September 30, 2008		1,105.1			33.78
Granted		583.2			18.42
Vested		(315.7	)		33.43
Forfeited		(247.9	)		34.80

Outstanding as of September 30, 2009		1,124.7		$	25.69

The total intrinsic value of options exercised and the value of restricted shares vested during fiscal 2009 was $2,317 and $6,305, respectively. The aggregate intrinsic value of outstanding and exercisable stock options as of September 30, 2009 was $47,283 and $18,254, respectively.

The total income tax benefit recognized in the income statement for stock-based compensation (including restricted shares) for fiscal 2009, 2008 and 2007 was $5,660, $5,903 and $8,633, respectively.

As of September 30, 2009, there was $40,315 of unrecognized compensation expense related to nonvested stock options and nonvested restricted stock awards. The Company recognizes compensation costs using the graded vesting attribution method which results in a weighted average period of approximately one year over which the unrecognized compensation expense is expected to be recognized.

The following table summarizes information about stock options outstanding as of September 30, 2009:


Outstanding							Exercisable
			Weighted Average
			Remaining
			Contractual		Weighted				Weighted
Exercise	Number		Life		Average		Number		Average
Price	Outstanding		(in Years)		Exercise Price		Exercisable		Exercise Price

$0.38 — 4.76		71.1		5.28	$	2.23		79.9	$	1.97
6.40 — 16.75		541.2		3.67		12.77		486.6		12.69
16.92 — 19.78		2,112.8		9.12		17.44		109.4		18.89
19.94 — 22.38		2,430.5		7.15		20.87		1,138.8		21.85
22.43 — 27.6		2,985.5		5.75		26.08		2,562.3		26.12
27.71 — 31.01		3,206.1		4.09		30.45		2,528.9		30.60
31.74 — 33.16		3,874.0		7.88		32.87		1,505.2		32.72
33.50 — 35.45		2,821.6		6.24		34.76		1,568.8		34.45
35.87— 43.1		1,450.9		4.83		40.13		1,140.1		40.64
45.07 — 59.8		994.8		1.03		52.04		994.8		52.04
61.8 — 78.31		832.9		1.11		64.65		832.9		64.65

Employee equity-based compensation pre-tax expense for the years ended September 30, 2009, 2008 and 2007 was as follows:


	Year ended September 30,
	2009		2008		2007

Cost of service	$	21,733	$	23,547	$	25,418
Research and development		4,249		4,714		6,574
Selling, general and administrative		16,929		29,229		21,595

Total	$	42,911	$	57,490	$	53,587

The fair value of options granted was estimated on the date of grant using the Black-Scholes pricing model with the assumptions noted in the following table (all in weighted averages for options granted during the year):


	Year ended September 30,
	2009			2008			2007

Risk-free interest rate(1)		1.94	%		3.23	%		4.57	%
Expected life of stock options(2)		4.46			4.32			4.43
Expected volatility(3)		47.9	%		33.3	%		31.6	%
Expected dividend yield(4)		None			None			None
Fair value per option	$	7.54		$	10.45		$	12.65


	(1)	Risk-free interest rate is based upon U.S. Treasury yield curve appropriate for the term of the Company’s employee stock options.

	(2)	Expected life of stock options is based upon historical experience.

	(3)	Expected volatility is based on blended volatility. Please see Note 2 to the consolidated financial statements.

	(4)	Expected dividend yield is based on the Company’s history and future expectation of dividend payouts.

Earnings Per Share

12 Months Ended

Sep. 30, 2009

Earnings Per Share [Abstract]

Earnings Per Share

Note 20 — Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:


	Year ended September 30,
	2009		2008		2007

Numerator:
Numerator for basic earnings per share	$	326,176	$	378,906	$	364,937
Effect of assumed conversion of 0.50% convertible notes		1,486		3,940		3,940

Numerator for diluted earnings per share	$	327,662	$	382,846	$	368,877

Denominator:
Denominator for basic earnings per share — weighted average number of shares outstanding		202,867		206,590		207,846
Restricted stock		412		380		373
Effect of assumed conversion of 0.50% convertible notes		3,948		10,436		10,436
Effect of dilutive stock options granted		379		2,200		4,601

Denominator for dilutive earnings per share — adjusted weighted average shares and assumed conversions		207,606		219,606		223,256

Basic earnings per share	$	1.61	$	1.83	$	1.76

Diluted earnings per share	$	1.58	$	1.74	$	1.65

The effect of the 0.50% Notes issued by the Company in March 2004 on diluted earnings per share was included in the above calculation. Please see Note 2 to the consolidated financial statements.

The weighted average effect of the repurchase of ordinary shares by the Company has been included in the calculation of basic earnings per share.

For the twelve months ended September 30, 2009, 2008 and 2007, 20,623, 13,429 and 6,810 shares, respectively were attributable to antidilutive outstanding stock options and therefore were not included in the calculation of diluted earnings per share.

Segment Information and Sales to Significant Customers

12 Months Ended

Sep. 30, 2009

Segment Information and Sales to Significant Customers [Abstract]

Segment information and sales to significant customers

Note 21 — Segment Information and Sales to Significant Customers

The Company and its subsidiaries operate in one operating segment, providing software products and services for the communications, media and entertainment industry.

Geographic Information

The following is a summary of revenue and long-lived assets by geographic area. Revenue is attributed to geographic region based on the location of the customers.


	Year ended September 30,
	2009		2008		2007

Revenue
United States	$	1,754,309	$	1,762,210	$	1,482,668
Canada		400,264		405,569		400,530
Europe		394,263		548,027		609,170
Rest of the world		313,771		446,290		343,805

Total	$	2,862,607	$	3,162,096	$	2,836,173


	As of September 30,
	2009		2008		2007

Long-lived Assets(1)
United States	$	138,520	$	153,739	$	137,160
Israel		43,978		56,130		52,717
India		32,578		39,208		33,159
Europe		35,366		33,165		23,665
Rest of the world		29,217		34,839		37,138

Total	$	279,659	$	317,081	$	283,839

(1) Includes equipment and leasehold improvements.

Revenue and Customer Information

Customer experience systems includes the following offerings: revenue management (charging and billing, mediation, and partner settlements), customer management (contact center and retail interaction management, service and support and sales and ordering), service and resource management (OSS) (network planning, service fulfillment, service assurance, inventory and discovery and service management), personalized portal and value-added services (commerce and partner collaboration, portal and self-service, and service delivery and control), and portfolio management (product management, application framework, operational framework and delivery framework). Customer experience systems also includes a comprehensive line of services such as consulting, delivery and managed services, system implementation, integration, modification, consolidation, modernization and ongoing support, enhancement and maintenance. Directory includes directory sales and publishing systems and related services for publishers of both traditional printed Yellow Page and white page directories and electronic Internet directories.


	Year ended September 30,
	2009		2008		2007

Customer experience systems	$	2,685,460	$	2,894,335	$	2,551,718
Directory		177,147		267,761		284,455

Total	$	2,862,607	$	3,162,096	$	2,836,173

Sales to Significant Customers

The following table summarizes the percentage of sales to significant customers groups (when they amount to 10 percent or more of total revenue for the year).


	Year ended September 30,
	2009			2008			2007

Customer 1		33	%		28	%		22	%
Customer 2		10			12			15
Customer 3		10			10			11

Operational Efficiency and Cost Reduction Programs

12 Months Ended

Sep. 30, 2009

Operational Efficiency and Cost Reduction Programs [Abstract]

Operational Efficiency and Cost Reduction Programs

Note 22 — Operational Efficiency and Cost Reduction Programs

In accordance with authoritative guidance for employers’ accounting for post employment benefits and accounting for costs associated with exit or disposal activities, the Company recognized a total of $15,140, $12,116 and $6,011 in restructuring charges in fiscal 2009, 2008 and 2007, respectively.

In the three months ended December 31, 2008, the Company commenced a series of measures designed to align its operational structure to its expected future activities and to improve efficiency. As part of this plan, the Company recorded a charge of $14,187 consisting primarily of employee separation costs in connection with the termination of the employment of software and information technology specialists and administrative professionals at various locations around the world.

The restructuring accrual for this cost reduction program is comprised of the following as of September 30, 2009:


	Employee
	Separation Costs

Balance as of October 1, 2008	$	—
Restructuring charges		14,187
Cash payments		(12,348	)
Adjustment		(1,167	)

Balance as of September 30, 2009	$	672

In the quarter ended September 30, 2008, the Company commenced a series of measures designed to improve efficiency and align its operational structure to its expected future activities. As part of this plan, the Company recorded in the quarters ended September 30, 2008 and December 31, 2008 a charge of $12,116 and $953, respectively, consisting of employee separation costs in connection with the termination of the employment of software and information technology specialists and administrative professionals at various locations around the world.

The restructuring accrual for this cost reduction program is comprised of the following as of September 30, 2009:


	Employee
	Separation Costs

Balance as of October 1, 2007	$	—
Restructuring charges		12,116
Cash payments		(1,926	)

Balance as of September 30, 2008		10,190
Restructuring charges		953
Cash payments		(9,839	)
Adjustment		(1,114	)

Balance as of September 30, 2009	$	190

Selected Quarterly Results of Operations (Unaudited)

12 Months Ended

Sep. 30, 2009

Selected Quarterly Results of Operations (Unaudited) [Abstract]

Selected Quarterly Results of Operations (Unaudited)

Note 23 — Selected Quarterly Results of Operations (Unaudited)

The following are details of the unaudited quarterly results of operations for the three months ended:


	September 30,		June 30,		March 31,		December 31,

2009
Revenue	$	707,419	$	690,265	$	711,084	$	753,839
Operating income		96,845		93,246		95,959		81,269
Net income		85,751		85,548		80,630		74,247
Basic earnings per share		0.42		0.42		0.40		0.37
Diluted earnings per share		0.42		0.42		0.39		0.35
2008
Revenue	$	825,277	$	820,288	$	774,281	$	742,250
Operating income		101,463		105,951		102,880		95,302
Net income		82,711		100,672		99,859		95,664
Basic earnings per share		0.40		0.49		0.48		0.46
Diluted earnings per share		0.38		0.46		0.46		0.44

Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2009

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

VALUATION AND QUALIFYING ACCOUNTS
(in thousands)


				Valuation Allowances
				on Net
	Accounts Receivable			Deferred Tax
	Allowances			Assets

Balance as of September 30, 2006	$	12,075		$	29,335
Charged to costs and expenses		1,316			9,933	(1)
Charged to revenue		23,102			—
Charged to other accounts		27			5,667	(2)
Deductions		(9,104	)		(11,684	)(3)

Balance as of September 30, 2007		27,416			33,251
Charged to costs and expenses		97			24,479	(4)
Charged to revenue		1,962			—
Charged to other accounts		7,607			26,208	(2)
Deductions		(2,518	)		(7,457	)(3)

Balance as of September 30, 2008		34,564			76,481
Charged to costs and expenses		1,436			22,756	(5)
Charged to revenue		3,768			—
Charged to other accounts		3,397	(6)		—
Deductions		(33,287	)(8)		(16,457	)(7)

Balance as of September 30, 2009	$	9,878		$	82,780


	(1)	Valuation allowances on deferred tax assets incurred during fiscal 2007.

	(2)	Includes valuation allowances on deferred tax assets incurred primarily in connection with 2006 acquisitions.

	(3)	Deductions in the valuation allowances on net deferred tax assets were released to earnings.

	(4)	Valuation allowances on deferred tax assets incurred during fiscal 2008.

	(5)	Valuation allowances on deferred tax assets incurred during fiscal 2009.

	(6)	Acquired as part of a 2009 small acquisition.

	(7)	$3,481 of valuation allowances on deferred tax assets incurred primarily in connection with 2006 and 2008 acquisitions was released through goodwill, $7,172 of valuation allowances on deferred tax assets was written off against the related deferred tax assets, the remaining deductions in the valuation allowances on net deferred tax assets were released to earnings.

	(8)	Primarily attributable to a settlement with a customer in which the allowances were written off against the related accounts receivable.

Label	Element	Value
Other Comprehensive Income, Defined Benefit Plans Adjustment, Net of Tax	us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	$ (943,000)
Other Comprehensive Income, Defined Benefit Plans Adjustment, Net of Tax	us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	2,040,000
Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax	us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	(3,420,000)
Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax	us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	(4,578,000)
Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax	us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease	18,092,000
Stock Issued During Period, Value, Stock Options Exercised	us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised	74,655,000
Stock Issued During Period, Value, Stock Options Exercised	us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised	37,568,000
Stock Issued During Period, Value, Stock Options Exercised	us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised	27,886,000
Tax Benefit of Stock Options Exercised Cancelled	dox_TaxBenefitOfStockOptionsExercisedCancelled	3,965,000
Tax Benefit of Stock Options Exercised Cancelled	dox_TaxBenefitOfStockOptionsExercisedCancelled	1,549,000
Tax Benefit of Stock Options Exercised Cancelled	dox_TaxBenefitOfStockOptionsExercisedCancelled	(1,484,000)
Cumulative Effect of Initial Adoption of New Accounting Principle	us-gaap_CumulativeEffectOfInitialAdoptionOfNewAccountingPrinciple	0
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	8,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	9,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	7,000
Application of Recognition Provisions of FAS 158, Effect on Accumulated Other Comprehensive Income, Net of Tax	us-gaap_ApplicationOfRecognitionProvisionsOfSFAS158EffectOnAccumulatedOtherComprehensiveIncomeNetOfTax	727,000
Equity Based Compensation Expense Related To Non Employee Stock Options	dox_EquityBasedCompensationExpenseRelatedToNonEmployeeStockOptions	29,000
Treasury Stock, Value, Acquired, Cost Method	us-gaap_TreasuryStockValueAcquiredCostMethod	(49,837,000)
Treasury Stock, Value, Acquired, Cost Method	us-gaap_TreasuryStockValueAcquiredCostMethod	(255,051,000)
Treasury Stock, Value, Acquired, Cost Method	us-gaap_TreasuryStockValueAcquiredCostMethod	(12,594,000)
Comprehensive Income, Net of Tax, Attributable to Parent	us-gaap_ComprehensiveIncomeNetOfTax	362,176,000
Comprehensive Income, Net of Tax, Attributable to Parent	us-gaap_ComprehensiveIncomeNetOfTax	363,383,000
Comprehensive Income, Net of Tax, Attributable to Parent	us-gaap_ComprehensiveIncomeNetOfTax	351,136,000
Unrealized Gain On Short Term Interest Bearing Investments Net Of Tax	dox_UnrealizedGainOnShortTermInterestBearingInvestmentsNetOfTax	659,000
Unrealized Gain On Short Term Interest Bearing Investments Net Of Tax	dox_UnrealizedGainOnShortTermInterestBearingInvestmentsNetOfTax	(10,002,000)
Unrealized Gain On Short Term Interest Bearing Investments Net Of Tax	dox_UnrealizedGainOnShortTermInterestBearingInvestmentsNetOfTax	4,828,000
Issuance Of Restricted stock And Stock Options Related To Acquisitions Net	dox_IssuanceOfRestrictedStockAndStockOptionsRelatedToAcquisitionsNet	$ 768,000