Fair Isaac (FICO) 10-Q 27 Apr 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Mar. 31, 2022	Apr. 15, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	1-11689
Entity Registrant Name	Fair Isaac Corp
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1499887
Entity Address, Address Line One	5 West Mendenhall, Suite 105
Entity Address, Postal Zip Code	59715
Entity Address, City or Town	Bozeman,
Entity Address, State or Province	MT
City Area Code	406
Local Phone Number	982-7276
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	FICO
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		25,932,030
Entity Central Index Key	0000814547
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Current assets:
Cash and cash equivalents	$ 174,219	$ 195,354
Accounts receivable, net	273,356	312,107
Prepaid expenses and other current assets	34,634	43,513
Total current assets	482,209	550,974
Marketable securities	31,303	31,884
Other investments	1,289	1,312
Property and equipment, net	22,897	27,913
Operating lease right-of-use assets	43,256	47,275
Goodwill	783,744	788,185
Intangible assets, net	3,007	4,099
Deferred income tax	17,428	20,549
Other assets	101,352	95,585
Total assets	1,486,485	1,567,776
Current liabilities:
Accounts payable	16,828	20,749
Accrued compensation and employee benefits	61,825	103,506
Other accrued liabilities	71,628	79,535
Deferred revenue	102,481	105,417
Current maturities on debt	130,000	250,000
Total current liabilities	382,762	559,207
Long-term debt	1,664,674	1,009,018
Operating lease liabilities	47,362	53,670
Other liabilities	55,103	56,823
Total liabilities	2,149,901	1,678,718
Commitments and contingencies
Stockholders’ deficit:
Preferred stock ($0.01 par value; 1,000 shares authorized; none issued and outstanding)	0	0
Common stock ($0.01 par value; 200,000 shares authorized, 88,857 shares issued and 25,982 and 27,568 shares outstanding at March 31, 2022 and September 30, 2021, respectively)	260	276
Additional paid-in-capital	$ 1,242,280	$ 1,237,348
Treasury stock, shares	62,875	61,289
Treasury stock, at cost (62,875 and 61,289 shares at March 31, 2022 and September 30, 2021, respectively)	$ (4,599,242)	$ (3,857,855)
Retained earnings	2,774,485	2,585,143
Accumulated other comprehensive loss	(81,199)	(75,854)
Total stockholders’ deficit	(663,416)	(110,942)
Total liabilities and stockholders’ deficit	$ 1,486,485	$ 1,567,776

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2022	Sep. 30, 2021
Statement of Financial Position [Abstract]
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	88,857,000	88,857,000
Common stock, shares outstanding	25,982,000	27,568,000
Treasury stock, shares	62,875,000	61,289,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Total revenues	$ 357,195	$ 331,361	$ 679,556	$ 643,775
Operating expenses:
Cost of revenues	71,794	88,333	140,997	177,861
Research and development	36,387	43,612	75,367	84,263
Selling, general and administrative	96,414	97,272	194,462	191,183
Amortization of intangible assets	543	945	1,087	1,882
Gains on product line asset sales and business divestiture	0	0	0	7,334
Total operating expenses	205,138	230,162	411,913	447,855
Operating income	152,057	101,199	267,643	195,920
Interest expense, net	(17,211)	(9,943)	(29,406)	(19,584)
Other income (expense), net	(2,361)	568	(932)	3,448
Income before income taxes	132,485	91,824	237,305	179,784
Provision for income taxes	28,102	23,150	47,963	24,618
Net income	104,383	68,674	189,342	155,166
Other comprehensive income (loss):
Foreign currency translation adjustments	(3,207)	(1,846)	(5,345)	15,202
Comprehensive income	$ 101,176	$ 66,828	$ 183,997	$ 170,368
Earnings per share:
Basic (in dollars per share)	$ 3.99	$ 2.36	$ 7.10	$ 5.33
Diluted (in dollars per share)	$ 3.95	$ 2.33	$ 7.02	$ 5.23
Shares used in computing earnings per share:
Basic (in shares)	26,145	29,087	26,662	29,107
Diluted (in shares)	26,421	29,531	26,978	29,660
On-premises and SaaS software
Total revenues	$ 149,088	$ 125,551	$ 275,426	$ 252,006
Professional services
Total revenues	24,365	37,091	50,901	78,399
Scores
Total revenues	$ 183,742	$ 168,719	$ 353,229	$ 313,370

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning Balance (in shares) at Sep. 30, 2020		29,096
Beginning Balance at Sep. 30, 2020	$ 331,082	$ 291	$ 1,218,583	$ (2,997,856)	$ 2,193,059	$ (82,995)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	53,338		53,338
Issuance of treasury stock under employee stock plans (in shares)		275
Issuance of treasury stock under employee stock plans	(76,263)	$ 2	(90,229)	13,964
Repurchases of common stock (in shares)		(542)
Repurchases of common stock	(255,222)	$ (5)		(255,217)
Net income	155,166				155,166
Foreign currency translation adjustments	15,202					15,202
Ending Balance (in shares) at Mar. 31, 2021		28,829
Ending Balance at Mar. 31, 2021	223,303	$ 288	1,181,692	(3,239,109)	2,348,225	(67,793)
Beginning Balance (in shares) at Dec. 31, 2020		29,236
Beginning Balance at Dec. 31, 2020	324,121	$ 292	1,145,893	(3,035,668)	2,279,551	(65,947)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	28,206		28,206
Issuance of treasury stock under employee stock plans (in shares)		34
Issuance of treasury stock under employee stock plans	9,359	$ 0	7,593	1,766
Repurchases of common stock (in shares)		(441)
Repurchases of common stock	(205,211)	$ (4)		(205,207)
Net income	68,674				68,674
Foreign currency translation adjustments	(1,846)					(1,846)
Ending Balance (in shares) at Mar. 31, 2021		28,829
Ending Balance at Mar. 31, 2021	223,303	$ 288	1,181,692	(3,239,109)	2,348,225	(67,793)
Beginning Balance (in shares) at Sep. 30, 2021		27,568
Beginning Balance at Sep. 30, 2021	(110,942)	$ 276	1,237,348	(3,857,855)	2,585,143	(75,854)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	57,814		57,814
Issuance of treasury stock under employee stock plans (in shares)		237
Issuance of treasury stock under employee stock plans	(36,732)	$ 2	(52,882)	16,148
Repurchases of common stock (in shares)		(1,823)
Repurchases of common stock	(757,553)	$ (18)		(757,535)
Net income	189,342				189,342
Foreign currency translation adjustments	(5,345)					(5,345)
Ending Balance (in shares) at Mar. 31, 2022		25,982
Ending Balance at Mar. 31, 2022	(663,416)	$ 260	1,242,280	(4,599,242)	2,774,485	(81,199)
Beginning Balance (in shares) at Dec. 31, 2021		26,509
Beginning Balance at Dec. 31, 2021	(538,299)	$ 265	1,208,365	(4,339,039)	2,670,102	(77,992)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	27,936		27,936
Issuance of treasury stock under employee stock plans (in shares)		52
Issuance of treasury stock under employee stock plans	9,742	$ 1	5,979	3,762
Repurchases of common stock (in shares)		(579)
Repurchases of common stock	(263,971)	$ (6)		(263,965)
Net income	104,383				104,383
Foreign currency translation adjustments	(3,207)					(3,207)
Ending Balance (in shares) at Mar. 31, 2022		25,982
Ending Balance at Mar. 31, 2022	$ (663,416)	$ 260	$ 1,242,280	$ (4,599,242)	$ 2,774,485	$ (81,199)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 189,342	$ 155,166
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	10,656	13,701
Share-based compensation	57,814	53,338
Deferred income taxes	3,004	(287)
Net (gain) loss on marketable securities	3,209	(2,669)
Non-cash operating lease costs	8,166	8,005
Provision for doubtful accounts	650	266
Net loss on sales and abandonment of property and equipment	166	96
Gains on product line asset sales and business divestiture	0	(7,334)
Changes in operating assets and liabilities:
Accounts receivable	33,098	64,304
Prepaid expenses and other assets	5,179	4,572
Accounts payable	(4,105)	(3,695)
Accrued compensation and employee benefits	(41,745)	(46,147)
Other liabilities	(14,159)	(9,989)
Deferred revenue	(3,791)	2,143
Net cash provided by operating activities	247,484	231,470
Cash flows from investing activities:
Purchases of property and equipment	(3,293)	(4,220)
Proceeds from sales of marketable securities	3,354	2,264
Purchases of marketable securities	(5,982)	(4,379)
Proceeds from product line asset sales and business divestiture	2,257	8,291
Purchase of equity investment	0	(210)
Net cash provided by (used in) investing activities	(3,664)	1,746
Cash flows from financing activities:
Proceeds from revolving line of credit and term loan	800,000	251,000
Payments on revolving line of credit and term loan	(806,750)	(121,000)
Proceeds from issuance of senior notes	550,000	0
Payments on debt issuance costs	(8,819)	0
Payments on finance leases	0	(176)
Proceeds from issuance of treasury stock under employee stock plans	11,117	10,390
Taxes paid related to net share settlement of equity awards	(47,849)	(86,653)
Repurchases of common stock	(760,861)	(250,356)
Net cash used in financing activities	(263,162)	(196,795)
Effect of exchange rate changes on cash	(1,793)	4,021
Increase (decrease) in cash and cash equivalents	(21,135)	40,442
Cash and cash equivalents, beginning of period	195,354	157,394
Cash and cash equivalents, end of period	174,219	197,836
Supplemental disclosures of cash flow information:
Cash paid for income taxes, net of refunds of $1,003 and $288 during the six-month periods ended March 31, 2022 and 2021, respectively	30,788	18,131
Cash paid for interest	21,368	18,488
Supplemental disclosures of non-cash investing and financing activities:
Purchase of property and equipment included in accounts payable	139	388
Unsettled repurchases of common stock	$ 4,735	$ 4,866

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Cash Flows [Abstract]
Proceeds from Income Tax Refunds	$ 1,003	$ 288

Nature of Business

Nature of Business	6 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Nature of Business	Nature of Business Fair Isaac Corporation Fair Isaac Corporation (NYSE: FICO) (together with its consolidated subsidiaries, the “Company,” which may also be referred to in this report as “we,” “us,” “our,” or “FICO”) is a leading applied analytics company. We were founded in 1956 on the premise that data, used intelligently, can improve business decisions. Today, FICO’s software and the widely used FICO ® Score operationalize analytics, enabling thousands of businesses in nearly 120 countries to uncover new opportunities, make timely decisions that matter, and execute them at scale. Most leading banks and credit card issuers rely on our solutions, as do insurers, retailers, telecommunications providers, automotive companies, public agencies, and organizations in other industries. We also serve consumers through online services that enable people to access and understand their FICO Scores — the standard measure in the U.S. of consumer credit risk — empowering them to increase financial literacy and manage their financial health. Principles of Consolidation and Basis of Presentation We have prepared the accompanying unaudited interim condensed consolidated financial statements in accordance with the instructions to Form 10-Q and the applicable accounting guidance. Consequently, we have not necessarily included all information and footnotes required for audited financial statements. In our opinion, the accompanying unaudited interim condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments, except as otherwise indicated) necessary for a fair presentation of our financial position and results of operations. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with our audited consolidated financial statements and notes thereto presented in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. The interim financial information contained in this report is not necessarily indicative of the results to be expected for any other interim period or for the entire fiscal year. The condensed consolidated financial statements include the accounts of FICO and its subsidiaries. All intercompany accounts and transactions have been eliminated. During the fourth quarter of fiscal 2021, we consolidated our operating segment structure from three to two by merging Applications and Decision Management Software segments into the new Software segment. As a result, we modified the presentation of our segment financial information with retrospective application to all prior periods presented. Refer to Note 18 - Segment Information to the consolidated financial statements included in Part II. Item 8 of our 2021 Annual Report on Form 10-K for further information. In addition, effective beginning in the fourth quarter of fiscal 2021, we changed the classification of revenue from transactional and maintenance, professional services, and license to on-premises and SaaS software, professional services and scores, which is reflected in our condensed consolidated statements of income and comprehensive income, as well as our disclosures on disaggregation of revenue, to better align with our business strategy. Previously reported amounts in the condensed consolidated statements of income and comprehensive income and notes to the condensed consolidated financial statements were adjusted to conform to the current presentation. Use of Estimates We make estimates and assumptions that affect the amounts reported in the financial statements and the disclosures made in the accompanying notes. For example, we use estimates in determining the appropriate levels of various accruals; variable considerations included in the transaction price and standalone selling price of each performance obligation for our customer contracts; labor hours in connection with fixed-fee service contracts; the amount of our tax provision; and the realizability of deferred tax assets. We also use estimates in determining the remaining economic lives and carrying values of acquired intangible assets, property and equipment, and other long-lived assets. In addition, we use assumptions to estimate the fair value of reporting units and share-based compensation. Actual results may differ from our estimates. As the impact of the COVID-19 pandemic continues to evolve, estimates and assumptions about future events and their effects cannot be determined with certainty and therefore require increased judgment. These estimates and assumptions may change in future periods and will be recognized in the condensed consolidated financial statements as new events occur and additional information becomes known. To the extent our actual results differ materially from those estimates and assumptions, our future financial statements could be affected. For more information, see Part II, Item 1A “Risk Factors” of this Quarterly Report on Form 10-Q. New Accounting Pronouncements Recent Accounting Pronouncements Not Yet Adopted In October 2021, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2021-08, “ Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ” (“ASU 2021-08”). ASU 2021-08 requires an acquirer in a business combination to recognize and measure contract assets and contract liabilities from acquired contracts using the revenue recognition guidance under Accounting Standards Codification Topic 606 in order to align the recognition of a contract liability with the definition of a performance obligation. The standard is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, which means that it will be effective for our fiscal year beginning October 1, 2023. Early adoption is permitted. We do not believe that adoption of ASU 2021-08 will have a significant impact on our condensed consolidated financial statements. We do not expect that any other recently issued accounting pronouncements will have a significant effect on our financial statements.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received from the sale of an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The accounting guidance establishes a three-level hierarchy for disclosure that is based on the extent and level of judgment used to estimate the fair value of assets and liabilities. • Level 1 - uses unadjusted quoted prices that are available in active markets for identical assets or liabilities. Our Level 1 assets were comprised of money market funds and certain marketable securities and our Level 1 liabilities included senior notes as of March 31, 2022 and September 30, 2021. • Level 2 - uses inputs other than quoted prices included in Level 1 that are either directly or indirectly observable through correlation with market data. These include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; and inputs to valuation models or other pricing methodologies that do not require significant judgment because the inputs used in the model, such as interest rates and volatility, can be corroborated by readily observable market data. We did not have any assets or liabilities that are valued using inputs identified under a Level 2 hierarchy as of March 31, 2022 and September 30, 2021. • Level 3 - uses one or more significant inputs that are unobservable and supported by little or no market activity, and that reflect the use of significant management judgment. Level 3 assets and liabilities include those whose fair value measurements are determined using pricing models, discounted cash flow methodologies or similar valuation techniques, and significant management judgment or estimation. We did not have any assets or liabilities that are valued using inputs identified under a Level 3 hierarchy as of March 31, 2022 and September 30, 2021. The following tables represent financial assets that we measured at fair value on a recurring basis at March 31, 2022 and September 30, 2021: March 31, 2022 Active Markets for Fair Value as of (In thousands) Assets: Cash equivalents (1) $ 50,194 $ 50,194 Marketable securities (2) 31,303 31,303 Total $ 81,497 $ 81,497 September 30, 2021 Active Markets for Fair Value as of September 30, 2021 (In thousands) Assets: Cash equivalents (1) $ 194 $ 194 Marketable securities (2) 31,884 31,884 Total $ 32,078 $ 32,078 (1) Included in cash and cash equivalents on our condensed consolidated balance sheets at March 31, 2022 and September 30, 2021. Not included in these tables are cash deposits of $124.0 million and $195.2 million at March 31, 2022 and September 30, 2021, respectively. (2) Represents securities held under a supplemental retirement and savings plan for certain officers and senior management employees, which are distributed upon termination or retirement of the employees. Included in marketable securities on our condensed consolidated balance sheets at March 31, 2022 and September 30, 2021. See Note 7 for the fair value of our senior notes. There were no transfers between Level 1, Level 2, and Level 3 of the fair value hierarchy during the quarters and six-month periods ended March 31, 2022 and 2021.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We use derivative instruments to manage risks caused by fluctuations in foreign exchange rates. The primary objective of our derivative instruments is to protect the value of foreign-currency-denominated receivable and cash balances from the effects of volatility in foreign exchange rates that might occur prior to conversion to their functional currencies. We principally utilize foreign currency forward contracts, which enable us to buy and sell foreign currencies in the future at fixed exchange rates and economically offset changes in foreign exchange rates. We routinely enter into contracts to offset exposures denominated in the British pound, Euro, and Singapore dollar. Foreign currency-denominated receivable and cash balances are remeasured at foreign exchange rates in effect on the balance sheet date with the effects of changes in foreign exchange rates reported in other income (expense), net. The forward contracts are not designated as hedges and are marked to market through other income (expense), net. Fair value changes in the forward contracts help mitigate the changes in the value of the remeasured receivable and cash balances attributable to changes in foreign exchange rates. The forward contracts are short-term in nature and typically have average maturities at inception of less than three months. The following tables summarize our outstanding foreign currency forward contracts, by currency, at March 31, 2022 and September 30, 2021: March 31, 2022 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 16,500 $ 18,330 $ — Buy foreign currency: British pound (GBP) GBP 9,223 $ 12,100 $ — Singapore dollar (SGD) SGD 7,571 $ 5,600 $ — September 30, 2021 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 17,100 $ 19,829 $ — Buy foreign currency: British pound (GBP) GBP 11,467 $ 15,400 $ — Singapore dollar (SGD) SGD 6,650 $ 4,900 $ — The foreign currency forward contracts were entered into on March 31, 2022 and September 30, 2021, respectively; therefore, their fair value was $0 on each of these dates. Gains (losses) on derivative financial instruments were recorded in our condensed consolidated statements of income and comprehensive income as a component of other income (expense), net, and consisted of the following: Quarter Ended March 31, Six Months Ended March 31, 2022 2021 2022 2021 (In thousands) Gains (losses) on foreign currency forward contracts $ (576) $ 1,229 $ (14) $ 2,915

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Amortization expense associated with our intangible assets is reflected as a separate operating expense caption — amortization of intangible assets — and is excluded from cost of revenues and selling, general and administrative expenses within the accompanying condensed consolidated statements of income and comprehensive income. Amortization expense consisted of the following: Quarter Ended March 31, Six Months Ended March 31, 2022 2021 2022 2021 (In thousands) Completed technology $ 125 $ 323 $ 250 $ 645 Customer contracts and relationships 418 578 837 1,149 Non-compete agreements — 44 — 88 Total $ 543 $ 945 $ 1,087 $ 1,882 Estimated future intangible asset amortization expense associated with intangible assets existing at March 31, 2022 was as follows: Year Ending September 30, (In thousands) 2022 (excluding the six months ended March 31, 2022) $ 990 2023 1,100 2024 917 Total $ 3,007 The following table summarizes changes to goodwill during the six months ended March 31, 2022, both in total and as allocated to our segments. We have not recognized any goodwill impairment losses to date. Scores Software Total (In thousands) Balance at September 30, 2021 $ 146,648 $ 641,537 $ 788,185 Foreign currency translation adjustment — (4,441) (4,441) Balance at March 31, 2022 $ 146,648 $ 637,096 $ 783,744

Composition of Certain Financia

Composition of Certain Financial Statement Captions	6 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Composition of Certain Financial Statement Captions	Composition of Certain Financial Statement Captions The following table presents the composition of property and equipment, net at March 31, 2022 and September 30, 2021: March 31, September 30, (In thousands) Property and equipment, net: Property and equipment $ 123,455 $ 124,966 Less: accumulated depreciation and amortization (100,558) (97,053) Total $ 22,897 $ 27,913

Revolving Line of Credit

Revolving Line of Credit	6 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Revolving Line of Credit	Revolving Line of Credit and Term Loan We have a $600 million unsecured revolving line of credit with a syndicate of banks that expires on August 19, 2026. Borrowings under the credit facility can be used for working capital and general corporate purposes and may also be used for the refinancing of existing debt, acquisitions, and the repurchase of our common stock. Interest on amounts borrowed under the credit facility is based on (i) an adjusted base rate, which is the greatest of (a) the prime rate, (b) the Federal Funds rate plus 0.500%, and (c) the one-month LIBOR rate plus 1.000%, plus, in each case, an applicable margin, or (ii) an adjusted LIBOR rate plus an applicable margin. The applicable margin for base rate borrowings ranges from 0% to 0.750% and for LIBOR borrowings ranges from 1.000% to 1.750%, and is determined based on our consolidated leverage ratio. In addition, we must pay credit facility fees. The credit facility contains certain restrictive covenants including a maximum consolidated leverage ratio of 3.50, subject to a step up to 4.00 following certain permitted acquisitions; and a minimum interest coverage ratio of 3.00. The credit agreement also contains other covenants typical of unsecured facilities. In addition, we have a term loan in an initial principal amount of $300 million. The term loan is subject to the same pricing and covenants as the revolving line of credit and matures at the expiration of the facility on August 19, 2026. The term loan requires principal payments in consecutive quarterly installments of $3.75 million on the last business day of each quarter. As of March 31, 2022, we had $215.0 million in borrowings outstanding under the revolving credit facility at a weighted-average interest rate of 1.932%, and $296.3 million in outstanding balance of the term loan at an interest rate of 1.955%, of which $381.3 million was classified as a long-term liability and recorded in long-term debt within the accompanying condensed consolidated balance sheets. We were in compliance with all financial covenants under this credit facility as of March 31, 2022.

Senior Notes

Senior Notes	6 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Senior Notes	Senior Notes On May 8, 2018, we issued $400 million of senior notes in a private offering to qualified institutional investors (the “2018 Senior Notes”). The 2018 Senior Notes require interest payments semi-annually at a rate of 5.25% per annum and will mature on May 15, 2026. On December 6, 2019, we issued $350 million of senior notes in a private offering to qualified institutional investors (the “2019 Senior Notes”). The 2019 Senior Notes require interest payments semi-annually at a rate of 4.00% per annum and will mature on June 15, 2028. On December 17, 2021, we issued $550 million of additional senior notes of the same class as the 2019 Senior Notes in a private offering to qualified institutional investors (the “2021 Senior Notes,” and collectively with the 2018 Senior Notes and the 2019 Senior Notes, the “Senior Notes”). The 2021 Senior Notes require interest payments semi-annually at a rate of 4.00% per annum and will mature on June 15, 2028, the same date as the 2019 Senior Notes. The indentures for the Senior Notes contain certain covenants typical of unsecured obligations. The following table presents the face values and fair values for the Senior Notes at March 31, 2022 and September 30, 2021: March 31, 2022 September 30, 2021 Face Value (*) Fair Value Face Value (*) Fair Value (In thousands) The 2018 Senior Notes $ 400,000 $ 416,000 $ 400,000 $ 453,000 The 2019 Senior Notes and the 2021 Senior Notes 900,000 871,875 350,000 357,000 Total $ 1,300,000 $ 1,287,875 $ 750,000 $ 810,000 (*) The carrying value of the Senior Notes was the face value reduced by the net debt issuance costs of $15.7 million and $9.0 million at March 31, 2022 and September 30, 2021, respectively.

Revenue from Contract with Cust

Revenue from Contract with Customer	6 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer	Revenue from Contracts with Customers Disaggregation of Revenue The following tables provide information about disaggregated revenue by primary geographical market: Quarter Ended March 31, 2022 Scores Software Total Percentage (Dollars in thousands) Americas $ 175,091 $ 104,664 $ 279,755 78 % Europe, Middle East and Africa 1,252 34,128 35,380 10 % Asia Pacific 7,399 34,661 42,060 12 % Total $ 183,742 $ 173,453 $ 357,195 100 % Quarter Ended March 31, 2021 Scores Software Total Percentage (Dollars in thousands) Americas $ 161,787 $ 99,672 $ 261,459 79 % Europe, Middle East and Africa 5,642 44,033 49,675 15 % Asia Pacific 1,290 18,937 20,227 6 % Total $ 168,719 $ 162,642 $ 331,361 100 % Six Months Ended March 31, 2022 Scores Software Total Percentage (Dollars in thousands) Americas $ 340,803 $ 203,849 $ 544,652 80 % Europe, Middle East and Africa 2,745 71,526 74,271 11 % Asia Pacific 9,681 50,952 60,633 9 % Total $ 353,229 $ 326,327 $ 679,556 100 % Six Months Ended March 31, 2021 Scores Software Total Percentage (Dollars in thousands) Americas $ 302,500 $ 207,696 $ 510,196 79 % Europe, Middle East and Africa 7,355 87,868 95,223 15 % Asia Pacific 3,515 34,841 38,356 6 % Total $ 313,370 $ 330,405 $ 643,775 100 % The following table provides information about disaggregated revenue for our Software segment by deployment method: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) On-premises software $ 77,959 $ 63,431 52 % 51 % $ 135,254 $ 129,913 49 % 52 % SaaS software 71,129 62,120 48 % 49 % 140,172 122,093 51 % 48 % Total on-premises and SaaS software $ 149,088 $ 125,551 100 % 100 % $ 275,426 $ 252,006 100 % 100 % The following table provides information about disaggregated revenue for our Software segment by product features: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) Platform software (*) $ 39,802 $ 15,312 27 % 12 % $ 61,874 $ 29,437 22 % 12 % Non-platform software 109,286 110,239 73 % 88 % 213,552 222,569 78 % 88 % Total on-premises and SaaS software $ 149,088 $ 125,551 100 % 100 % $ 275,426 $ 252,006 100 % 100 % (*) The FICO platform software is a set of interoperable services which use software assets owned and/or governed by FICO for building solutions and which conform to FICO architectural standards based on key elements of Cloud Native Computing design principles. These standards encompass shared security context and pre-integration using FICO standard application programming interfaces for all services. The following table provides information about disaggregated revenue for our Software segment by timing of revenue recognition: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) Software recognized at a point in time (1) $ 26,540 $ 11,844 18 % 9 % $ 33,699 $ 24,738 12 % 10 % Software recognized over contract term (2) 122,548 113,707 82 % 91 % 241,727 227,268 88 % 90 % Total on-premises and SaaS software $ 149,088 $ 125,551 100 % 100 % $ 275,426 $ 252,006 100 % 100 % (1) Includes license portion of our on-premises subscription software and perpetual license, both of which are recognized when the software is made available to the customer, or at the start of the subscription. (2) Includes maintenance portion and usage-based fees of our on-premises subscription software, maintenance revenue on perpetual licenses, as well as SaaS revenue. The following table provides information about disaggregated revenue for our Scores segment by distribution method: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) Business-to-business Scores $ 125,243 $ 119,319 68 % 71 % $ 238,211 $ 219,463 67 % 70 % Business-to-consumer Scores 58,499 49,400 32 % 29 % 115,018 93,907 33 % 30 % Total $ 183,742 $ 168,719 100 % 100 % $ 353,229 $ 313,370 100 % 100 % We derive a substantial portion of revenues from our contracts with the three major consumer reporting agencies, TransUnion, Equifax and Experian. Revenues collectively generated by agreements with these customers accounted for 39% of our total revenues in each of the quarters ended March 31, 2022 and 2021, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the quarters ended March 31, 2022 and 2021. Revenues collectively generated by agreements with these customers accounted for 38% and 37% of our total revenues in the six months ended March 31, 2022 and 2021, respectively, with two and three consumer reporting agencies each contributing more than 10% of our total revenues in the six months ended March 31, 2022 and 2021, respectively. Contract Balances We record a receivable when we satisfy a performance obligation prior to invoicing if only the passage of time is required before payment is due or if we have an unconditional right to consideration before we satisfy a performance obligation. We record a contract asset when we satisfy a performance obligation prior to invoicing but our right to consideration is conditional. We record deferred revenue when the payment is made or due before we satisfy a performance obligation. Receivables at March 31, 2022 and September 30, 2021 consisted of the following: March 31, 2022 September 30, 2021 (In thousands) Billed $ 164,659 $ 198,305 Unbilled 156,018 155,408 320,677 353,713 Less: allowance for doubtful accounts (3,780) (4,154) Net receivables 316,897 349,559 Less: long-term receivables (*) (43,541) (37,452) Short-term receivables (*) $ 273,356 $ 312,107 (*) Short-term receivables and long-term receivables were recorded in accounts receivable, net and other assets, respectively, within the accompanying condensed consolidated balance sheets. Deferred revenue primarily relates to our maintenance and SaaS contracts billed annually in advance and generally recognized ratably over the term of the service period. Significant changes in the deferred revenues balances are as follows: Six Months Ended March 31, 2022 2021 Deferred revenues, beginning balance (*) $ 110,763 $ 122,141 Revenue recognized that was included in the deferred revenues balance at the beginning of the period (70,160) (75,600) Increases due to billings, excluding amounts recognized as revenue during the period 66,292 78,945 Reclassified as liabilities related to assets held for sale — (16,508) Deferred revenues, ending balance (*) $ 106,895 $ 108,978 (*) Deferred revenues at March 31, 2022 included current portion of $102.5 million and long-term portion of $4.4 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Deferred revenues at September 30, 2021 included current portion of $105.4 million and long-term portion of $5.4 million that were recorded in deferred revenue and other liabilities, respectively, within the condensed consolidated balance sheets. Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 30 to 60 days. In instances where the timing of revenue recognition differs from the timing of invoicing, we have determined our contracts generally do not include a significant financing component. The primary purpose of our invoicing terms is to provide customers with simplified and predictable ways of purchasing our products and services, not to provide customers with financing or to receive financing from our customers. Examples include multi-year on-premises licenses that are invoiced annually with revenue recognized upfront and invoicing at the beginning of a subscription term with revenue recognized ratably over the contract period. Performance Obligations Revenue allocated to remaining performance obligations represents contracted revenue that will be recognized in future periods, which is comprised of deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. This does not include: • Usage-based revenue that will be recognized in future periods from on-premises software subscriptions; • Consumption-based variable fees from SaaS software that will be recognized in the distinct service period during which it is earned; and • Revenue from variable considerations that will be recognized in accordance with the “right-to-invoice” practical expedient, such as fees from our professional services billed based on a time and materials basis. Revenue allocated to remaining performance obligations was $291.7 million as of March 31, 2022, approximately 52% of which we expect to recognize over the next 16 months and the remainder thereafter. Revenue allocated to remaining performance obligations was $289.0 million as of September 30, 2021.

Income Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Effective Tax Rate The effective income tax rate was 21.2% and 25.2% during the quarters ended March 31, 2022 and 2021, respectively, and 20.2% and 13.7% during the six months ended March 31, 2022 and 2021, respectively. The provision for income taxes during interim quarterly reporting periods is based on our estimates of the effective tax rates for the full fiscal year. The effective tax rate in any quarter can also be affected positively or negatively by adjustments that are required to be reported in the specific quarter of resolution. The effective tax rates for the six months ended March 31, 2022 and 2021 were both favorably impacted by the recording of excess tax benefits relating to stock awards. The impact is dependent upon grants of share-based compensation and the future stock price in relation to the fair value of awards on the grant date. The decrease in stock price for awards that vested in December 2021 has resulted in a decreased net excess tax benefit for the six months ended March 31, 2022, as compared to the six months ended March 31, 2021. The total unrecognized tax benefit for uncertain tax positions was estimated to be $13.2 million and $10.9 million at March 31, 2022 and September 30, 2021, respectively. We recognize interest expense related to unrecognized tax benefits and penalties as part of the provision for income taxes in our condensed consolidated statements of income and comprehensive income. We accrued interest of $0.6 million and $0.4 million related to unrecognized tax benefits as of March 31, 2022 and September 30, 2021, respectively.

Earnings per Share

Earnings per Share	6 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) for the quarters and six-month periods ended March 31, 2022 and 2021: Quarter Ended March 31, Six Months Ended March 31, 2022 2021 2022 2021 (In thousands, except per share data) Numerator for diluted and basic earnings per share: Net income $ 104,383 $ 68,674 $ 189,342 $ 155,166 Denominator — share: Basic weighted-average shares 26,145 29,087 26,662 29,107 Effect of dilutive securities 276 444 316 553 Diluted weighted-average shares 26,421 29,531 26,978 29,660 Earnings per share: Basic $ 3.99 $ 2.36 $ 7.10 $ 5.33 Diluted $ 3.95 $ 2.33 $ 7.02 $ 5.23 Anti-dilutive share-based awards excluded from the calculations of diluted EPS were immaterial during the periods presented.

Segment Information

Segment Information	6 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information During the fourth quarter of our fiscal 2021, we reevaluated our operating segments to better align with how our chief operating decision maker (“CODM”), who is our Chief Executive Officer, evaluates performance and allocates resources. The key factors evaluated included our evolving platform strategies, our go-to market considerations, and sales of our product lines and businesses during fiscal 2021, and in particular the divestiture of our Collections and Recovery (“C&R”) business in June 2021, among others. As a result, we consolidated our operating segment structure from three to two by merging Applications and Decision Management Software segments into the new Software segment. Based on this change, we determined we have two reportable segments and revised prior comparative periods to conform to the current period segment presentation. The new segments are as follows: • Scores. This segment includes our business-to-business (“B2B”) scoring solutions and services which give our clients access to predictive credit and other scores that can be easily integrated into their transaction streams and decision-making processes. This segment also includes our business-to-consumer (“B2C”) scoring solutions, including our myFICO.com subscription offerings. • Software . This segment includes pre-configured analytic and decision management solutions designed for a specific type of business need or process — such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing — as well as associated professional services. This segment also includes FICO ® Platform, a modular software offering designed to support advanced analytic and decision use cases, as well as stand-alone analytic and decisioning software that can be configured by our customers to address a wide variety of business use cases. These offerings are available to our customers as SaaS or as on-premises software. Our CODM evaluates segment financial performance based on segment revenues and segment operating income. Segment operating expenses consist of direct and indirect costs principally related to personnel, facilities, IT infrastructure, consulting, travel and depreciation. Indirect costs are allocated to the segments generally based on relative segment revenues, fixed rates established by management based upon estimated expense contribution levels and other assumptions that management considers reasonable. We do not allocate broad-based incentive expense, share-based compensation expense, restructuring and acquisition-related expense, amortization expense, various corporate charges and certain other income and expense measures to our segments. These income and expense items are not allocated because they are not considered in evaluating the segment’s operating performance. Our CODM does not evaluate the financial performance of each segment based on its respective assets or capital expenditures; rather, depreciation amounts are allocated to the segments from their internal cost centers as described above. The following tables summarize segment information for the quarters and six-month periods ended March 31, 2022 and 2021: Quarter Ended March 31, 2022 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 149,088 $ — $ 149,088 Professional services — 24,365 — 24,365 Scores 183,742 — — 183,742 Total segment revenues 183,742 173,453 — 357,195 Segment operating expense (21,026) (119,953) (35,680) (176,659) Segment operating income $ 162,716 $ 53,500 $ (35,680) 180,536 Unallocated share-based compensation expense (27,936) Unallocated amortization expense (543) Operating income 152,057 Unallocated interest expense, net (17,211) Unallocated other expense, net (2,361) Income before income taxes $ 132,485 Depreciation expense $ 189 $ 3,807 $ 28 $ 4,024 Quarter Ended March 31, 2021 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 125,551 $ — $ 125,551 Professional services — 37,091 — 37,091 Scores 168,719 — — 168,719 Total segment revenues 168,719 162,642 — 331,361 Segment operating expense (22,177) (145,442) (33,392) (201,011) Segment operating income $ 146,542 $ 17,200 $ (33,392) 130,350 Unallocated share-based compensation expense (28,206) Unallocated amortization expense (945) Operating income 101,199 Unallocated interest expense, net (9,943) Unallocated other income, net 568 Income before income taxes $ 91,824 Depreciation expense $ 167 $ 5,012 $ 45 $ 5,224 Six Months Ended March 31, 2022 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 275,426 $ — $ 275,426 Professional services — 50,901 — 50,901 Scores 353,229 — — 353,229 Total segment revenues 353,229 326,327 — 679,556 Segment operating expense (43,010) (238,534) (71,468) (353,012) Segment operating income $ 310,219 $ 87,793 $ (71,468) 326,544 Unallocated share-based compensation expense (57,814) Unallocated amortization expense (1,087) Operating income 267,643 Unallocated interest expense, net (29,406) Unallocated other expense, net (932) Income before income taxes $ 237,305 Depreciation expense $ 381 $ 7,684 $ 57 $ 8,122 Six Months Ended March 31, 2021 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 252,006 $ — $ 252,006 Professional services — 78,399 — 78,399 Scores 313,370 — — 313,370 Total segment revenues 313,370 330,405 — 643,775 Segment operating expense (43,803) (292,521) (63,645) (399,969) Segment operating income $ 269,567 $ 37,884 $ (63,645) 243,806 Unallocated share-based compensation expense (53,338) Unallocated amortization expense (1,882) Unallocated gains on product line asset sales and business divestiture 7,334 Operating income 195,920 Unallocated interest expense, net (19,584) Unallocated other income, net 3,448 Income before income taxes $ 179,784 Depreciation expense $ 361 $ 10,370 $ 78 $ 10,809

Contingencies

Contingencies	6 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingencies	ContingenciesWe are in disputes with certain customers regarding amounts owed in connection with the sale of certain of our products and services. We also have had claims asserted by former employees relating to compensation and other employment matters. We are also involved in various other claims and legal actions arising in the ordinary course of business. We record litigation accruals for legal matters which are both probable and estimable. For legal proceedings for which there is a reasonable possibility of loss (meaning those losses for which the likelihood is more than remote but less than probable), we have determined we do not have material exposure on an aggregate basis.

Nature of Business (Policies)

Nature of Business (Policies)	6 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Fair Isaac Corporation	Fair Isaac Corporation Fair Isaac Corporation (NYSE: FICO) (together with its consolidated subsidiaries, the “Company,” which may also be referred to in this report as “we,” “us,” “our,” or “FICO”) is a leading applied analytics company. We were founded in 1956 on the premise that data, used intelligently, can improve business decisions. Today, FICO’s software and the widely used FICO ® Score operationalize analytics, enabling thousands of businesses in nearly 120 countries to uncover new opportunities, make timely decisions that matter, and execute them at scale. Most leading banks and credit card issuers rely on our solutions, as do insurers, retailers, telecommunications providers, automotive companies, public agencies, and organizations in other industries. We also serve consumers through online services that enable people to access and understand their FICO Scores — the standard measure in the U.S. of consumer credit risk — empowering them to increase financial literacy and manage their financial health.
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation We have prepared the accompanying unaudited interim condensed consolidated financial statements in accordance with the instructions to Form 10-Q and the applicable accounting guidance. Consequently, we have not necessarily included all information and footnotes required for audited financial statements. In our opinion, the accompanying unaudited interim condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments, except as otherwise indicated) necessary for a fair presentation of our financial position and results of operations. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with our audited consolidated financial statements and notes thereto presented in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. The interim financial information contained in this report is not necessarily indicative of the results to be expected for any other interim period or for the entire fiscal year. The condensed consolidated financial statements include the accounts of FICO and its subsidiaries. All intercompany accounts and transactions have been eliminated. During the fourth quarter of fiscal 2021, we consolidated our operating segment structure from three to two by merging Applications and Decision Management Software segments into the new Software segment. As a result, we modified the presentation of our segment financial information with retrospective application to all prior periods presented. Refer to Note 18 - Segment Information to the consolidated financial statements included in Part II. Item 8 of our 2021 Annual Report on Form 10-K for further information.
Use of Estimates	Use of Estimates We make estimates and assumptions that affect the amounts reported in the financial statements and the disclosures made in the accompanying notes. For example, we use estimates in determining the appropriate levels of various accruals; variable considerations included in the transaction price and standalone selling price of each performance obligation for our customer contracts; labor hours in connection with fixed-fee service contracts; the amount of our tax provision; and the realizability of deferred tax assets. We also use estimates in determining the remaining economic lives and carrying values of acquired intangible assets, property and equipment, and other long-lived assets. In addition, we use assumptions to estimate the fair value of reporting units and share-based compensation. Actual results may differ from our estimates.
New Accounting Pronouncements	New Accounting Pronouncements Recent Accounting Pronouncements Not Yet Adopted In October 2021, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2021-08, “ Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers ” (“ASU 2021-08”). ASU 2021-08 requires an acquirer in a business combination to recognize and measure contract assets and contract liabilities from acquired contracts using the revenue recognition guidance under Accounting Standards Codification Topic 606 in order to align the recognition of a contract liability with the definition of a performance obligation. The standard is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, which means that it will be effective for our fiscal year beginning October 1, 2023. Early adoption is permitted. We do not believe that adoption of ASU 2021-08 will have a significant impact on our condensed consolidated financial statements. We do not expect that any other recently issued accounting pronouncements will have a significant effect on our financial statements.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Financial Assets Measured on a Recurring Basis	The following tables represent financial assets that we measured at fair value on a recurring basis at March 31, 2022 and September 30, 2021: March 31, 2022 Active Markets for Fair Value as of (In thousands) Assets: Cash equivalents (1) $ 50,194 $ 50,194 Marketable securities (2) 31,303 31,303 Total $ 81,497 $ 81,497 September 30, 2021 Active Markets for Fair Value as of September 30, 2021 (In thousands) Assets: Cash equivalents (1) $ 194 $ 194 Marketable securities (2) 31,884 31,884 Total $ 32,078 $ 32,078 (1) Included in cash and cash equivalents on our condensed consolidated balance sheets at March 31, 2022 and September 30, 2021. Not included in these tables are cash deposits of $124.0 million and $195.2 million at March 31, 2022 and September 30, 2021, respectively. (2) Represents securities held under a supplemental retirement and savings plan for certain officers and senior management employees, which are distributed upon termination or retirement of the employees. Included in marketable securities on our condensed consolidated balance sheets at March 31, 2022 and September 30, 2021.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Outstanding Foreign Currency Forward Contracts	The following tables summarize our outstanding foreign currency forward contracts, by currency, at March 31, 2022 and September 30, 2021: March 31, 2022 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 16,500 $ 18,330 $ — Buy foreign currency: British pound (GBP) GBP 9,223 $ 12,100 $ — Singapore dollar (SGD) SGD 7,571 $ 5,600 $ — September 30, 2021 Contract Amount Fair Value Foreign USD USD (In thousands) Sell foreign currency: Euro (EUR) EUR 17,100 $ 19,829 $ — Buy foreign currency: British pound (GBP) GBP 11,467 $ 15,400 $ — Singapore dollar (SGD) SGD 6,650 $ 4,900 $ —
Losses on Derivative Financial Instruments	Gains (losses) on derivative financial instruments were recorded in our condensed consolidated statements of income and comprehensive income as a component of other income (expense), net, and consisted of the following: Quarter Ended March 31, Six Months Ended March 31, 2022 2021 2022 2021 (In thousands) Gains (losses) on foreign currency forward contracts $ (576) $ 1,229 $ (14) $ 2,915

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Amortization Expense	Amortization expense associated with our intangible assets is reflected as a separate operating expense caption — amortization of intangible assets — and is excluded from cost of revenues and selling, general and administrative expenses within the accompanying condensed consolidated statements of income and comprehensive income. Amortization expense consisted of the following: Quarter Ended March 31, Six Months Ended March 31, 2022 2021 2022 2021 (In thousands) Completed technology $ 125 $ 323 $ 250 $ 645 Customer contracts and relationships 418 578 837 1,149 Non-compete agreements — 44 — 88 Total $ 543 $ 945 $ 1,087 $ 1,882
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Estimated future intangible asset amortization expense associated with intangible assets existing at March 31, 2022 was as follows: Year Ending September 30, (In thousands) 2022 (excluding the six months ended March 31, 2022) $ 990 2023 1,100 2024 917 Total $ 3,007
Schedule of Goodwill	The following table summarizes changes to goodwill during the six months ended March 31, 2022, both in total and as allocated to our segments. We have not recognized any goodwill impairment losses to date. Scores Software Total (In thousands) Balance at September 30, 2021 $ 146,648 $ 641,537 $ 788,185 Foreign currency translation adjustment — (4,441) (4,441) Balance at March 31, 2022 $ 146,648 $ 637,096 $ 783,744

Composition of Certain Financ_2

Composition of Certain Financial Statement Captions (Tables)	6 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Property and Equipment	The following table presents the composition of property and equipment, net at March 31, 2022 and September 30, 2021: March 31, September 30, (In thousands) Property and equipment, net: Property and equipment $ 123,455 $ 124,966 Less: accumulated depreciation and amortization (100,558) (97,053) Total $ 22,897 $ 27,913

Senior Notes (Tables)

Senior Notes (Tables)	6 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Carrying Amounts and Fair Values of Senior Notes	The following table presents the face values and fair values for the Senior Notes at March 31, 2022 and September 30, 2021: March 31, 2022 September 30, 2021 Face Value (*) Fair Value Face Value (*) Fair Value (In thousands) The 2018 Senior Notes $ 400,000 $ 416,000 $ 400,000 $ 453,000 The 2019 Senior Notes and the 2021 Senior Notes 900,000 871,875 350,000 357,000 Total $ 1,300,000 $ 1,287,875 $ 750,000 $ 810,000 (*) The carrying value of the Senior Notes was the face value reduced by the net debt issuance costs of $15.7 million and $9.0 million at March 31, 2022 and September 30, 2021, respectively.

Revenue from Contract with Cu_2

Revenue from Contract with Customer (Tables)	6 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables provide information about disaggregated revenue by primary geographical market: Quarter Ended March 31, 2022 Scores Software Total Percentage (Dollars in thousands) Americas $ 175,091 $ 104,664 $ 279,755 78 % Europe, Middle East and Africa 1,252 34,128 35,380 10 % Asia Pacific 7,399 34,661 42,060 12 % Total $ 183,742 $ 173,453 $ 357,195 100 % Quarter Ended March 31, 2021 Scores Software Total Percentage (Dollars in thousands) Americas $ 161,787 $ 99,672 $ 261,459 79 % Europe, Middle East and Africa 5,642 44,033 49,675 15 % Asia Pacific 1,290 18,937 20,227 6 % Total $ 168,719 $ 162,642 $ 331,361 100 % Six Months Ended March 31, 2022 Scores Software Total Percentage (Dollars in thousands) Americas $ 340,803 $ 203,849 $ 544,652 80 % Europe, Middle East and Africa 2,745 71,526 74,271 11 % Asia Pacific 9,681 50,952 60,633 9 % Total $ 353,229 $ 326,327 $ 679,556 100 % Six Months Ended March 31, 2021 Scores Software Total Percentage (Dollars in thousands) Americas $ 302,500 $ 207,696 $ 510,196 79 % Europe, Middle East and Africa 7,355 87,868 95,223 15 % Asia Pacific 3,515 34,841 38,356 6 % Total $ 313,370 $ 330,405 $ 643,775 100 % The following table provides information about disaggregated revenue for our Software segment by deployment method: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) On-premises software $ 77,959 $ 63,431 52 % 51 % $ 135,254 $ 129,913 49 % 52 % SaaS software 71,129 62,120 48 % 49 % 140,172 122,093 51 % 48 % Total on-premises and SaaS software $ 149,088 $ 125,551 100 % 100 % $ 275,426 $ 252,006 100 % 100 % The following table provides information about disaggregated revenue for our Software segment by product features: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) Platform software (*) $ 39,802 $ 15,312 27 % 12 % $ 61,874 $ 29,437 22 % 12 % Non-platform software 109,286 110,239 73 % 88 % 213,552 222,569 78 % 88 % Total on-premises and SaaS software $ 149,088 $ 125,551 100 % 100 % $ 275,426 $ 252,006 100 % 100 % (*) The FICO platform software is a set of interoperable services which use software assets owned and/or governed by FICO for building solutions and which conform to FICO architectural standards based on key elements of Cloud Native Computing design principles. These standards encompass shared security context and pre-integration using FICO standard application programming interfaces for all services. The following table provides information about disaggregated revenue for our Software segment by timing of revenue recognition: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) Software recognized at a point in time (1) $ 26,540 $ 11,844 18 % 9 % $ 33,699 $ 24,738 12 % 10 % Software recognized over contract term (2) 122,548 113,707 82 % 91 % 241,727 227,268 88 % 90 % Total on-premises and SaaS software $ 149,088 $ 125,551 100 % 100 % $ 275,426 $ 252,006 100 % 100 % (1) Includes license portion of our on-premises subscription software and perpetual license, both of which are recognized when the software is made available to the customer, or at the start of the subscription. (2) Includes maintenance portion and usage-based fees of our on-premises subscription software, maintenance revenue on perpetual licenses, as well as SaaS revenue. The following table provides information about disaggregated revenue for our Scores segment by distribution method: Quarter Ended March 31, Percentage of revenues Six Months Ended March 31, Percentage of revenues 2022 2021 2022 2021 2022 2021 2022 2021 (Dollars in thousands) Business-to-business Scores $ 125,243 $ 119,319 68 % 71 % $ 238,211 $ 219,463 67 % 70 % Business-to-consumer Scores 58,499 49,400 32 % 29 % 115,018 93,907 33 % 30 % Total $ 183,742 $ 168,719 100 % 100 % $ 353,229 $ 313,370 100 % 100 % We derive a substantial portion of revenues from our contracts with the three major consumer reporting agencies, TransUnion, Equifax and Experian. Revenues collectively generated by agreements with these customers accounted for 39% of our total revenues in each of the quarters ended March 31, 2022 and 2021, with all three consumer reporting agencies each contributing more than 10% of our total revenues in each of the quarters ended March 31, 2022 and 2021. Revenues collectively generated by agreements with these customers accounted for 38% and 37% of our total revenues in the six months ended March 31, 2022 and 2021, respectively, with two and three consumer reporting agencies each contributing more than 10% of our total revenues in the six months ended March 31, 2022 and 2021, respectively.
Schedule of Accounts, Notes, Loans and Financing Receivable	Receivables at March 31, 2022 and September 30, 2021 consisted of the following: March 31, 2022 September 30, 2021 (In thousands) Billed $ 164,659 $ 198,305 Unbilled 156,018 155,408 320,677 353,713 Less: allowance for doubtful accounts (3,780) (4,154) Net receivables 316,897 349,559 Less: long-term receivables (*) (43,541) (37,452) Short-term receivables (*) $ 273,356 $ 312,107 (*) Short-term receivables and long-term receivables were recorded in accounts receivable, net and other assets, respectively, within the accompanying condensed consolidated balance sheets.
Deferred Revenue, by Arrangement, Disclosure	Deferred revenue primarily relates to our maintenance and SaaS contracts billed annually in advance and generally recognized ratably over the term of the service period. Significant changes in the deferred revenues balances are as follows: Six Months Ended March 31, 2022 2021 Deferred revenues, beginning balance (*) $ 110,763 $ 122,141 Revenue recognized that was included in the deferred revenues balance at the beginning of the period (70,160) (75,600) Increases due to billings, excluding amounts recognized as revenue during the period 66,292 78,945 Reclassified as liabilities related to assets held for sale — (16,508) Deferred revenues, ending balance (*) $ 106,895 $ 108,978

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share	The following table presents reconciliations for the numerators and denominators of basic and diluted earnings per share (“EPS”) for the quarters and six-month periods ended March 31, 2022 and 2021: Quarter Ended March 31, Six Months Ended March 31, 2022 2021 2022 2021 (In thousands, except per share data) Numerator for diluted and basic earnings per share: Net income $ 104,383 $ 68,674 $ 189,342 $ 155,166 Denominator — share: Basic weighted-average shares 26,145 29,087 26,662 29,107 Effect of dilutive securities 276 444 316 553 Diluted weighted-average shares 26,421 29,531 26,978 29,660 Earnings per share: Basic $ 3.99 $ 2.36 $ 7.10 $ 5.33 Diluted $ 3.95 $ 2.33 $ 7.02 $ 5.23

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Summary of Segment Information	The following tables summarize segment information for the quarters and six-month periods ended March 31, 2022 and 2021: Quarter Ended March 31, 2022 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 149,088 $ — $ 149,088 Professional services — 24,365 — 24,365 Scores 183,742 — — 183,742 Total segment revenues 183,742 173,453 — 357,195 Segment operating expense (21,026) (119,953) (35,680) (176,659) Segment operating income $ 162,716 $ 53,500 $ (35,680) 180,536 Unallocated share-based compensation expense (27,936) Unallocated amortization expense (543) Operating income 152,057 Unallocated interest expense, net (17,211) Unallocated other expense, net (2,361) Income before income taxes $ 132,485 Depreciation expense $ 189 $ 3,807 $ 28 $ 4,024 Quarter Ended March 31, 2021 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 125,551 $ — $ 125,551 Professional services — 37,091 — 37,091 Scores 168,719 — — 168,719 Total segment revenues 168,719 162,642 — 331,361 Segment operating expense (22,177) (145,442) (33,392) (201,011) Segment operating income $ 146,542 $ 17,200 $ (33,392) 130,350 Unallocated share-based compensation expense (28,206) Unallocated amortization expense (945) Operating income 101,199 Unallocated interest expense, net (9,943) Unallocated other income, net 568 Income before income taxes $ 91,824 Depreciation expense $ 167 $ 5,012 $ 45 $ 5,224 Six Months Ended March 31, 2022 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 275,426 $ — $ 275,426 Professional services — 50,901 — 50,901 Scores 353,229 — — 353,229 Total segment revenues 353,229 326,327 — 679,556 Segment operating expense (43,010) (238,534) (71,468) (353,012) Segment operating income $ 310,219 $ 87,793 $ (71,468) 326,544 Unallocated share-based compensation expense (57,814) Unallocated amortization expense (1,087) Operating income 267,643 Unallocated interest expense, net (29,406) Unallocated other expense, net (932) Income before income taxes $ 237,305 Depreciation expense $ 381 $ 7,684 $ 57 $ 8,122 Six Months Ended March 31, 2021 Scores Software Unallocated Total (In thousands) Segment revenues: On-premises and SaaS software $ — $ 252,006 $ — $ 252,006 Professional services — 78,399 — 78,399 Scores 313,370 — — 313,370 Total segment revenues 313,370 330,405 — 643,775 Segment operating expense (43,803) (292,521) (63,645) (399,969) Segment operating income $ 269,567 $ 37,884 $ (63,645) 243,806 Unallocated share-based compensation expense (53,338) Unallocated amortization expense (1,882) Unallocated gains on product line asset sales and business divestiture 7,334 Operating income 195,920 Unallocated interest expense, net (19,584) Unallocated other income, net 3,448 Income before income taxes $ 179,784 Depreciation expense $ 361 $ 10,370 $ 78 $ 10,809

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands		Mar. 31, 2022	Sep. 30, 2021
Assets:
Marketable securities		$ 31,303	$ 31,884
Cash deposits		124,000	195,200
Fair Value, Measurements, Recurring
Assets:
Cash equivalents	[1]	50,194	194
Marketable securities	[2]	31,303	31,884
Total		81,497	32,078
Fair Value, Measurements, Recurring | Active Markets for Identical Instruments (Level 1)
Assets:
Cash equivalents	[1]	50,194	194
Marketable securities	[2]	31,303	31,884
Total		$ 81,497	$ 32,078
[1]	Included in cash and cash equivalents on our condensed consolidated balance sheets at March 31, 2022 and September 30, 2021. Not included in these tables are cash deposits of $124.0 million and $195.2 million at March 31, 2022 and September 30, 2021, respectively.
[2]	Represents securities held under a supplemental retirement and savings plan for certain officers and senior management employees, which are distributed upon termination or retirement of the employees. Included in marketable securities on our condensed consolidated balance sheets at March 31, 2022 and September 30, 2021.

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Detail) - USD ($)	6 Months Ended
	Mar. 31, 2022	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Short-term forward contracts, average maturities at inception (less than)	3 months
Foreign currency forward contracts
Derivative [Line Items]
Forward foreign currency contracts fair value	$ 0	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Summary of Outstanding Forward Foreign Currency Contracts by Currency (Detail) € in Thousands, £ in Thousands, $ in Thousands, $ in Thousands	Mar. 31, 2022EUR (€)	Mar. 31, 2022USD ($)	Mar. 31, 2022GBP (£)	Mar. 31, 2022SGD ($)	Sep. 30, 2021EUR (€)	Sep. 30, 2021USD ($)	Sep. 30, 2021GBP (£)	Sep. 30, 2021SGD ($)
Foreign Exchange Contracts To Sell European Euro for US Dollar
Derivative [Line Items]
Fair value of forward foreign currency contracts to sell and buy foreign currency		$ 0				$ 0
Foreign Exchange Contracts To Sell European Euro for US Dollar | Foreign currency forward contracts | Short | Not Designated as Hedging Instrument
Derivative [Line Items]
Contract amount of forward foreign currency contracts	€ 16,500	18,330			€ 17,100	19,829
Foreign Exchange Contracts To Purchase British Pounds With US Dollars
Derivative [Line Items]
Fair value of forward foreign currency contracts to sell and buy foreign currency		0				0
Foreign Exchange Contracts To Purchase British Pounds With US Dollars | Foreign currency forward contracts | Short | Not Designated as Hedging Instrument
Derivative [Line Items]
Contract amount of forward foreign currency contracts		12,100	£ 9,223			15,400	£ 11,467
Foreign Exchange Contracts To Purchase Singapore Dollars With US Dollars
Derivative [Line Items]
Fair value of forward foreign currency contracts to sell and buy foreign currency		0				0
Foreign Exchange Contracts To Purchase Singapore Dollars With US Dollars | Foreign currency forward contracts | Short | Not Designated as Hedging Instrument
Derivative [Line Items]
Contract amount of forward foreign currency contracts		$ 5,600		$ 7,571		$ 4,900		$ 6,650

Derivative Financial Instrume_5

Derivative Financial Instruments - Gains (Losses) on Derivative Financial Instruments Recorded in Consolidated Statements of Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Foreign currency forward contracts
Derivative [Line Items]
Gains (losses) on foreign currency forward contracts	$ (576)	$ 1,229	$ (14)	$ 2,915

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Amortization Expense Associated with Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	$ 543	$ 945	$ 1,087	$ 1,882
Completed Technology
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	125	323	250	645
Customer Contracts
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	418	578	837	1,149
Noncompete Agreements
Finite-Lived Intangible Assets [Line Items]
Amortization expense of intangible assets	$ 0	$ 44	$ 0	$ 88

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Estimated Future Intangible Asset Amortization Expense (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Estimated future intangible asset amortization expense
2022 (excluding the six months ended March 31, 2022)	$ 990
2023	1,100
2024	917
Total	$ 3,007	$ 4,099

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Changes to Goodwill (Detail) $ in Thousands	6 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Roll Forward]
Balance at September 30, 2021	$ 788,185
Foreign currency translation adjustment	(4,441)
Balance at March 31, 2022	783,744
Scores
Goodwill [Roll Forward]
Balance at September 30, 2021	146,648
Foreign currency translation adjustment	0
Balance at March 31, 2022	146,648
Software
Goodwill [Roll Forward]
Balance at September 30, 2021	641,537
Foreign currency translation adjustment	(4,441)
Balance at March 31, 2022	$ 637,096

Composition of Certain Financ_3

Composition of Certain Financial Statement Captions - Property and Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Property and equipment	$ 123,455	$ 124,966
Less: accumulated depreciation and amortization	(100,558)	(97,053)
Total	$ 22,897	$ 27,913

Revolving Line of Credit (Detai

Revolving Line of Credit (Detail)	Oct. 20, 2021USD ($)	May 08, 2018USD ($)	Mar. 31, 2022USD ($)
Line of Credit Facility [Line Items]
Revolving credit facility, expiration date		Aug. 19, 2026
Credit facility restrictive covenant, maximum consolidated leverage ratio		3.50
Credit facility restrictive covenant, maximum consolidated leverage ratio step up		4
Interest coverage ratio		3
Unsecured Long-term Debt, Noncurrent			$ 381,300,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Unsecured revolving line of credit		$ 600,000,000
Revolving Credit Facility | Unsecured Debt
Line of Credit Facility [Line Items]
Borrowings outstanding			$ 215,000,000
Interest rate of borrowings outstanding			1.932%
Term loan | Unsecured Debt
Line of Credit Facility [Line Items]
Initial Term Loan to Bank	$ 300,000,000
Line of Credit Facility, Periodic Payment	$ 3,750,000
Interest rate of borrowings outstanding			1.955%
Loans Payable to Bank			$ 296,300,000
Federal Fund Rate
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		0.50%
LIBOR
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		1.00%
LIBOR | Minimum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		1.00%
LIBOR | Maximum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		1.75%
Base Rate | Minimum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		0.00%
Base Rate | Maximum
Line of Credit Facility [Line Items]
Debt instrument basis spread on variable rate		0.75%

Senior Notes (Detail)

Senior Notes (Detail) - USD ($)	Dec. 17, 2021	Dec. 06, 2019	May 08, 2018	Mar. 31, 2022	Sep. 30, 2021
Debt Instrument [Line Items]
Carrying value of Senior Notes				$ 1,300,000,000	$ 750,000,000
Fair value of Senior Notes				1,287,875,000	810,000,000
Senior Notes
Debt Instrument [Line Items]
Debt issuance costs				15,700,000	9,000,000
May 2018 Senior Notes
Debt Instrument [Line Items]
Senior Notes issued in a private placement to a group of institutional investors			$ 400,000,000
Carrying value of Senior Notes				400,000,000	400,000,000
Fair value of Senior Notes				416,000,000	453,000,000
Debt instrument, maturity date			May 15, 2026
Debt Instrument, Interest Rate, Stated Percentage			5.25%
Dec 2019 Senior Notes
Debt Instrument [Line Items]
Carrying value of Senior Notes				900,000,000	350,000,000
Fair value of Senior Notes				$ 871,875,000	$ 357,000,000
Senior Notes December Twenty one
Debt Instrument [Line Items]
Senior Notes issued in a private placement to a group of institutional investors	$ 550,000,000
Debt instrument, maturity date	Jun. 15, 2028
Debt Instrument, Interest Rate, Stated Percentage	4.00%
Senior Notes 2019
Debt Instrument [Line Items]
Senior Notes issued in a private placement to a group of institutional investors		$ 350,000,000
Debt instrument, maturity date		Jun. 15, 2028
Debt Instrument, Interest Rate, Stated Percentage		4.00%

Disaggregation of Revenue (Deta

Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues	$ 357,195	$ 331,361	$ 679,556	$ 643,775
Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100.00%	100.00%	100.00%	100.00%
Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100.00%	100.00%	100.00%	100.00%
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Number of Customers	3	3	2	3
Revenue from Contract with Customer Benchmark [Member] | Customer Concentration Risk | TransUnion, Equifax and Experian customers
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	39.00%	39.00%	38.00%	37.00%
On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	$ 149,088	$ 125,551	$ 275,426	$ 252,006
On-premises and SaaS software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100.00%	100.00%	100.00%	100.00%
On-premises and SaaS software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk | Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	18.00%	9.00%	12.00%	10.00%
On-premises and SaaS software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk | Transferred over Time
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	82.00%	91.00%	88.00%	90.00%
On-Premises | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	52.00%	51.00%	49.00%	52.00%
SaaS Products | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	48.00%	49.00%	51.00%	48.00%
Platform software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	27.00%	12.00%	22.00%	12.00%
Non-platform software | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	73.00%	88.00%	78.00%	88.00%
Operating Segments | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues			$ 275,426	$ 252,006
Americas
Disaggregation of Revenue [Line Items]
Total revenues	$ 279,755	$ 261,459	$ 544,652	$ 510,196
Americas | Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	78.00%	79.00%	80.00%	79.00%
EMEA [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 35,380	$ 49,675	$ 74,271	$ 95,223
EMEA [Member] | Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	10.00%	15.00%	11.00%	15.00%
Asia Pacific [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 42,060	$ 20,227	$ 60,633	$ 38,356
Asia Pacific [Member] | Revenue from Contract with Customer Benchmark [Member] | Geographic Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	12.00%	6.00%	9.00%	6.00%
Scores
Disaggregation of Revenue [Line Items]
Total revenues	$ 183,742	$ 168,719	$ 353,229	$ 313,370
Scores | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	100.00%	100.00%	100.00%	100.00%
Scores | Business to business Scores
Disaggregation of Revenue [Line Items]
Total revenues	$ 125,243	$ 119,319	$ 238,211	$ 219,463
Scores | Business to business Scores | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	68.00%	71.00%	67.00%	70.00%
Scores | Business to consumer Scores
Disaggregation of Revenue [Line Items]
Total revenues	$ 58,499	$ 49,400	$ 115,018	$ 93,907
Scores | Business to consumer Scores | Revenue from Contract with Customer Benchmark [Member] | Product Concentration Risk
Disaggregation of Revenue [Line Items]
Concentration Risk, Percentage	32.00%	29.00%	33.00%	30.00%
Scores | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	$ 183,742	$ 168,719	$ 353,229	$ 313,370
Scores | Operating Segments | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	0	0	0	0
Scores | Americas
Disaggregation of Revenue [Line Items]
Total revenues	175,091	161,787	340,803	302,500
Scores | EMEA [Member]
Disaggregation of Revenue [Line Items]
Total revenues	1,252	5,642	2,745	7,355
Scores | Asia Pacific [Member]
Disaggregation of Revenue [Line Items]
Total revenues	7,399	1,290	9,681	3,515
Software
Disaggregation of Revenue [Line Items]
Total revenues	173,453	162,642	326,327	330,405
Software | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	149,088	125,551	275,426	252,006
Software | On-premises and SaaS software | Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Total revenues	26,540	11,844	33,699	24,738
Software | On-premises and SaaS software | Transferred over Time
Disaggregation of Revenue [Line Items]
Total revenues	122,548	113,707	241,727	227,268
Software | On-Premises
Disaggregation of Revenue [Line Items]
Total revenues	77,959	63,431	135,254	129,913
Software | SaaS Products
Disaggregation of Revenue [Line Items]
Total revenues	71,129	62,120	140,172	122,093
Software | Platform software
Disaggregation of Revenue [Line Items]
Total revenues	39,802	15,312	61,874	29,437
Software | Non-platform software
Disaggregation of Revenue [Line Items]
Total revenues	109,286	110,239	213,552	222,569
Software | Operating Segments
Disaggregation of Revenue [Line Items]
Total revenues	173,453	162,642	326,327	330,405
Software | Operating Segments | On-premises and SaaS software
Disaggregation of Revenue [Line Items]
Total revenues	149,088	125,551	275,426	252,006
Software | Americas
Disaggregation of Revenue [Line Items]
Total revenues	104,664	99,672	203,849	207,696
Software | EMEA [Member]
Disaggregation of Revenue [Line Items]
Total revenues	34,128	44,033	71,526	87,868
Software | Asia Pacific [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 34,661	$ 18,937	$ 50,952	$ 34,841

Contract Balance - Receivables

Contract Balance - Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Billed	$ 164,659	$ 198,305
Unbilled	156,018	155,408
Receivables Gross	320,677	353,713
Less: allowance for doubtful accounts	(3,780)	(4,154)
Accounts Receivable, after Allowance for Credit Loss	316,897	349,559
Less: long-term receivables	(43,541)	(37,452)
Accounts receivable, net	$ 273,356	$ 312,107

Contract Balance - Deferred Rev

Contract Balance - Deferred Revenues (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021	Sep. 30, 2020
Revenue from Contract with Customer [Abstract]
Contract with Customer, Liability	$ 106,895	$ 108,978	$ 110,763	$ 122,141
Revenue recognized that was included in the deferred revenues balance at the beginning of the period	(70,160)	(75,600)
Increases due to billings, excluding amounts recognized as revenue during the period	66,292	78,945
Deferred revenue, reclassified as liabilities related to assets held for sale	0	$ (16,508)
Deferred revenue, current portion	102,500		105,400
Deferred revenue, noncurrent	$ 4,400		$ 5,400

Contract Balances - Payment Ter

Contract Balances - Payment Terms (Details)	6 Months Ended
	Mar. 31, 2022
Minimum
Contract with Customer, Payment Term [Line Items]
Contract With Customer, Payment Term	30 days
Maximum
Contract with Customer, Payment Term [Line Items]
Contract With Customer, Payment Term	60 days

Performance Obligation (Details

Performance Obligation (Details) - USD ($) $ in Millions	Mar. 31, 2022	Sep. 30, 2021
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 291.7	$ 289
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	52.00%
Revenue, remaining performance obligation, expected timing of satisfaction, period	16 months

Income Taxes -Additional Inform

Income Taxes -Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	21.20%	25.20%	20.20%	13.70%
Unrecognized tax benefits, uncertain tax positions	$ 13.2		$ 13.2		$ 10.9
Unrecognized tax benefits, accrued interest	$ 0.6		$ 0.6		$ 0.4

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Numerator for diluted and basic earnings per share:
Net income	$ 104,383	$ 68,674	$ 189,342	$ 155,166
Denominator — share:
Basic weighted-average shares (in shares)	26,145	29,087	26,662	29,107
Effect of dilutive securities (in shares)	276	444	316	553
Diluted weighted-average shares (in shares)	26,421	29,531	26,978	29,660
Earnings per share:
Basic (in dollars per share)	$ 3.99	$ 2.36	$ 7.10	$ 5.33
Diluted (in dollars per share)	$ 3.95	$ 2.33	$ 7.02	$ 5.23

Segment Information - Additiona

Segment Information - Additional Information (Detail)	6 Months Ended
	Mar. 31, 2022Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Information - Summary o

Segment Information - Summary of Segment Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Segment revenues:
Total revenues	$ 357,195	$ 331,361	$ 679,556	$ 643,775
Segment operating expense	(205,138)	(230,162)	(411,913)	(447,855)
Operating income	152,057	101,199	267,643	195,920
Unallocated share-based compensation expense	(27,936)	(28,206)	(57,814)	(53,338)
Unallocated amortization expense	(543)	(945)	(1,087)	(1,882)
Unallocated interest expense	(17,211)	(9,943)	(29,406)	(19,584)
Unallocated other expense, net	(2,361)	568	(932)	3,448
Income before income taxes	132,485	91,824	237,305	179,784
Depreciation expense	4,024	5,224	8,122	10,809
Gains on product line asset sales and business divestiture	0	0	0	7,334
Operating Segments
Segment revenues:
Segment operating expense	(176,659)	(201,011)	(353,012)	(399,969)
Operating income	180,536	130,350	326,544	243,806
Unallocated Corporate Expenses
Segment revenues:
Segment operating expense	(35,680)	(33,392)	(71,468)	(63,645)
Operating income	(35,680)	(33,392)	(71,468)	(63,645)
Depreciation expense	28	45	57	78
Scores
Segment revenues:
Total revenues	183,742	168,719	353,229	313,370
Scores | Operating Segments
Segment revenues:
Total revenues	183,742	168,719	353,229	313,370
Segment operating expense	(21,026)	(22,177)	(43,010)	(43,803)
Operating income	162,716	146,542	310,219	269,567
Depreciation expense	189	167	381	361
Software
Segment revenues:
Total revenues	173,453	162,642	326,327	330,405
Software | Operating Segments
Segment revenues:
Total revenues	173,453	162,642	326,327	330,405
Segment operating expense	(119,953)	(145,442)	(238,534)	(292,521)
Operating income	53,500	17,200	87,793	37,884
Depreciation expense	3,807	5,012	7,684	10,370
Professional services
Segment revenues:
Total revenues	24,365	37,091	50,901	78,399
Professional services | Operating Segments
Segment revenues:
Total revenues			50,901	78,399
Professional services | Scores | Operating Segments
Segment revenues:
Total revenues	0	0	0	0
Professional services | Software | Operating Segments
Segment revenues:
Total revenues	24,365	37,091	50,901	78,399
On-premises and SaaS software
Segment revenues:
Total revenues	149,088	125,551	275,426	252,006
On-premises and SaaS software | Operating Segments
Segment revenues:
Total revenues			275,426	252,006
On-premises and SaaS software | Scores | Operating Segments
Segment revenues:
Total revenues	0	0	0	0
On-premises and SaaS software | Software
Segment revenues:
Total revenues	149,088	125,551	275,426	252,006
On-premises and SaaS software | Software | Operating Segments
Segment revenues:
Total revenues	149,088	125,551	275,426	252,006
Scores
Segment revenues:
Total revenues	183,742	168,719	353,229	313,370
Scores | Operating Segments
Segment revenues:
Total revenues			353,229	313,370
Scores | Scores | Operating Segments
Segment revenues:
Total revenues	183,742	168,719	353,229	313,370
Scores | Software | Operating Segments
Segment revenues:
Total revenues	$ 0	$ 0	$ 0	$ 0