PTC (PTC) 10-Q 4 Feb 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Dec. 28, 2013	Feb. 03, 2014
Entity Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	28-Dec-13	'
Entity Registrant Name	'PTC Inc.	'
Entity Central Index Key	'0000857005	'
Current Fiscal Year End Date	'--09-30	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	119,070,239

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 28, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified
ASSETS	'	'
Cash and cash equivalents	$371,377	$241,913
Accounts receivable, net of allowance for doubtful accounts of $2,988 and $3,030 at December 28, 2013 and September 30, 2013, respectively	212,570	229,106
Prepaid expenses and other current assets	148,470	169,552
Deferred tax assets	36,683	39,645
Total current assets	769,100	680,216
Property and equipment, net	63,152	64,652
Goodwill	769,158	769,095
Acquired intangible assets, net	260,264	273,121
Deferred tax assets	7,911	7,696
Other assets	35,157	34,126
Total assets	1,904,742	1,828,906
LIABILITIES AND STOCKHOLDERS’ EQUITY	'	'
Accounts payable, accrued expenses and other current liabilities	59,941	66,006
Accrued compensation and benefits	75,949	112,733
Accrued income taxes	11,433	7,074
Deferred tax liabilities	173	853
Current portion of long term debt	15,000	15,000
Deferred revenue	293,441	326,947
Total current liabilities	455,937	528,613
Long term debt, net of current portion	353,125	243,125
Deferred tax liabilities	40,387	42,088
Deferred revenue	8,047	9,966
Other liabilities	78,598	78,634
Total liabilities	936,094	902,426
Commitments and contingencies (Note 13)	'	'
Stockholders’ equity:	'	'
Preferred stock, $0.01 par value; 5,000 shares authorized; none issued	0	0
Common stock, $0.01 par value; 500,000 shares authorized; 119,513 and 118,446 shares issued and outstanding at December 28, 2013 and September 30, 2013, respectively	1,195	1,185
Additional paid-in capital	1,787,364	1,786,820
Accumulated deficit	-770,708	-810,365
Accumulated other comprehensive loss	-49,203	-51,160
Total stockholders’ equity	968,648	926,480
Total liabilities and stockholders’ equity	$1,904,742	$1,828,906

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Dec. 28, 2013	Sep. 30, 2013
In Thousands, except Share data, unless otherwise specified
Current assets:	'	'
Allowance for doubtful accounts	$2,988	$3,030
Stockholders’ equity:	'	'
Preferred stock, par value (in USD per share)	$0.01	$0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in USD per share)	$0.01	$0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	119,513,000	118,446,000
Common stock, shares outstanding	119,513,000	118,446,000

Consolidated_Statements_Of_Ope

Consolidated Statements Of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 28, 2013		Dec. 29, 2012
Revenue:	'		'
License	$79,192		$79,185
Service	75,591		76,760
Support	170,142		163,806
Total revenue	324,925		319,751
Cost of revenue:	'		'
Cost of license revenue	7,545		8,012
Cost of service revenue	65,495		68,592
Cost of support revenue	19,916		20,468
Total cost of revenue	92,956		97,072
Gross margin	231,969		222,679
Operating expenses:	'		'
Sales and marketing	84,238		93,549
Research and development	53,073		57,429
General and administrative	30,931		35,817
Amortization of acquired intangible assets	7,789		6,623
Restructuring charges	1,067		15,402
Total operating expenses	177,098		208,820
Operating income	54,871	[1]	13,859	[1]
Interest and other income (expense), net	-1,753		-1,805
Income before income taxes	53,118		12,054
Provision (benefit) for income taxes	13,461		-23,757
Net income	$39,657		$35,811
Earnings per share—Basic (in USD per share)	$0.33		$0.30
Earnings per share—Diluted (in USD per share)	$0.33		$0.29
Weighted average shares outstanding—Basic (in shares)	118,933		119,927
Weighted average shares outstanding—Diluted (in shares)	121,100		121,805
[1]	We recorded restructuring charges of $1.1 million in the first quarter of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.3 million of these restructuring charges. We recorded restructuring charges of $15.4 million in the first quarter of 2013. Software Products included $5.5 million; Services included $2.3 million; sales and marketing expenses included $6.8 million; and general and administrative expenses included $0.8 million of these restructuring charges.

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Net income	$39,657	$35,811
Other comprehensive income, net of tax:	'	'
Foreign currency translation adjustment, net of tax of $0 for all periods	1,637	5,465
Minimum pension liability adjustment, net of tax of $0.2 million for the first quarters of both 2014 and 2013	320	31
Total other comprehensive income	1,957	5,496
Comprehensive income	$41,614	$41,307

Consolidated_Statements_Of_Com1

Consolidated Statements Of Comprehensive Income (Parentheticals) (USD $)	3 Months Ended
	Dec. 28, 2013	Dec. 29, 2012
Tax related to other comprehensive income, pension tax	$0	$0
Tax related to other comprehensive income, pension tax	$200,000	$200,000

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Cash flows from operating activities:	'	'
Net income	$39,657	$35,811
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	19,100	19,477
Stock-based compensation	12,764	11,893
Excess tax benefits from stock-based awards	-6,802	-28
Other non-cash items, net	87	28
Changes in operating assets and liabilities, excluding the effects of acquisitions:	'	'
Accounts receivable	19,273	16,142
Accounts payable and accrued expenses	-5,947	-6,215
Accrued compensation and benefits	-36,915	-21,743
Deferred revenue	-10,827	-3,534
Accrued and deferred income taxes	7,393	-33,779
Other current assets and prepaid expenses	814	1,345
Other noncurrent assets and liabilities	-2,355	-5,761
Net cash provided by operating activities	36,242	13,636
Cash flows from investing activities:	'	'
Additions to property and equipment	-5,774	-7,393
Acquisitions of businesses, net of cash acquired	0	-222,423
Net cash used by investing activities	-5,774	-229,816
Cash flows from financing activities:	'	'
Borrowings under credit facility	110,000	0
Repayments of borrowings under credit facility	0	-1,875
Repurchases of common stock	0	-15,792
Proceeds from issuance of common stock	351	645
Excess tax benefits from stock-based awards	6,802	28
Payments of withholding taxes in connection with vesting of stock-based awards	-19,363	-9,348
Net cash provided (used) by financing activities	97,790	-26,342
Effect of exchange rate changes on cash and cash equivalents	1,206	1,371
Net increase (decrease) in cash and cash equivalents	129,464	-241,151
Cash and cash equivalents, beginning of period	241,913	489,543
Cash and cash equivalents, end of period	$371,377	$248,392

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Dec. 28, 2013
Description Of Business And Basis Of Presentation [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	General
	The accompanying unaudited condensed consolidated financial statements include the accounts of PTC Inc. and its wholly owned subsidiaries and have been prepared by management in accordance with accounting principles generally accepted in the United States of America and in accordance with the rules and regulations of the Securities and Exchange Commission regarding interim financial reporting. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. While we believe that the disclosures presented are adequate in order to make the information not misleading, these unaudited quarterly financial statements should be read in conjunction with our annual consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended September 30, 2013. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments, consisting only of those of a normal recurring nature, necessary for a fair statement of our financial position, results of operations and cash flows at the dates and for the periods indicated. Unless otherwise indicated, all references to a year mean our fiscal year, which ends on September 30. The September 30, 2013 consolidated balance sheet included herein is derived from our audited consolidated financial statements.
	The results of operations for the three months ended December 28, 2013 are not necessarily indicative of the results expected for the remainder of the fiscal year.
	Related Party Transaction
	On November 27, 2013, we entered into a consulting agreement with Professor Michael Porter, a director of PTC. In consideration for providing consulting services, we made a restricted stock unit grant valued at approximately $200,000 (6,213 shares) to Professor Porter, half of which will vest on November 15, 2014 and the other half of which will vest on the earlier of the 2015 Annual Stockholders' Meeting and March 15, 2015. Professor Porter may also earn up to $240,000 in fees for participation in strategy events on behalf of PTC under the agreement. The agreement will terminate on the earlier of the date of PTC's 2015 Annual Stockholders' Meeting and March 15, 2015, unless earlier terminated by either party.
	Recent Accounting Pronouncements
	Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists
	In July 2013, the Financial Accounting Standards Board (the FASB) issued Accounting Standards Update (ASU) 2013-11,
	Income Taxes (Topic 740)—Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. ASU 2013-11 generally requires that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, shall be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. ASU 2013-11 is effective for us in our first quarter of fiscal 2015. We are currently evaluating how ASU 2013-11 will impact our consolidated financial statements.

Deferred_Revenue_and_Financing

Deferred Revenue and Financing Receivables	3 Months Ended
	Dec. 28, 2013
Deferred Revenue And Financing Receivables [Abstract]	'
Deferred Revenue and Financing Receivables	'
	Deferred Revenue and Financing Receivables
	Deferred Revenue
	Deferred revenue primarily relates to software support agreements billed to customers for which the services have not yet been provided. The liability associated with performing these services is included in deferred revenue and, if not yet paid, the related customer receivable is included in other current assets. Billed but uncollected support-related amounts included in prepaid expenses and other current assets at December 28, 2013 and September 30, 2013 were $85.0 million and $108.6 million, respectively.
	Financing Receivables
	We periodically provide extended payment terms for software purchases to credit-worthy customers with payment terms up to 24 months. The determination of whether to offer such payment terms is based on the size, nature and credit-worthiness of the customer, and the history of collecting amounts due, without concession, from the customer and customers generally. This determination is based on an internal credit assessment. In making this assessment, we use the Standard & Poor's (S&P) credit rating as our primary credit quality indicator, if available. If a customer, whether commercial or the U.S. Federal government, has a S&P bond rating of BBB- or above, we designate the customer as Tier 1. If a customer does not have a S&P bond rating, or has a S&P bond rating below BBB-, we base our assessment on an internal credit assessment which considers selected balance sheet, operating and liquidity measures, historical payment experience, and current business conditions within the industry or region. We designate these customers as Tier 2 or Tier 3, with Tier 3 being lower credit quality than Tier 2.
	As of December 28, 2013 and September 30, 2013, amounts due from customers for contracts with original payment terms greater than twelve months (financing receivables) totaled $54.4 million and $53.1 million, respectively. Accounts receivable in the accompanying consolidated balance sheets included current receivables from such contracts totaling $35.9 million and $36.1 million at December 28, 2013 and September 30, 2013, respectively, and other assets in the accompanying consolidated balance sheets included long-term receivables from such contracts totaling $18.5 million and $17.0 million at December 28, 2013 and September 30, 2013, respectively. As of December 28, 2013, $0.5 million of these receivables were past due (none of which were greater than 90 days past due). None of these receivables were past due as of September 30, 2013. Our credit risk assessment for financing receivables was as follows:
		December 28,		September 30,
		2013		2013
		(in thousands)
	S&P bond rating BBB-1 and above-Tier 1	$	43,131	$	42,189
	Internal Credit Assessment-Tier 2	11,269		10,934
	Internal Credit Assessment-Tier 3	—		—
	Total financing receivables	$	54,400	$	53,123
	We evaluate the need for an allowance for doubtful accounts for estimated losses resulting from the inability of these customers to make required payments. As of December 28, 2013 and September 30, 2013, we concluded that all financing receivables were collectible and no reserve for credit losses was recorded. We did not provide a reserve for credit losses or write off any uncollectible financing receivables in the three months ended December 28, 2013 and fiscal year 2013. We write off uncollectible trade and financing receivables when we have exhausted all collection avenues.
	We periodically transfer future payments under certain of these contracts to third-party financial institutions on a non-recourse basis. We record such transfers as sales of the related accounts receivable when we surrender control of such receivables. We sold $5.3 million of financing receivables to third-party financial institutions in the three months ended December 28, 2013. There were no financing receivables sold to third-party financial institutions in the three months ended December 29, 2012.

Restructuring_Charges

Restructuring Charges	3 Months Ended
	Dec. 28, 2013
Restructuring [Abstract]	'
Restructuring Charges	'
	Restructuring Charges
	In the first quarter of 2014, we recorded restructuring charges of $1.1 million, primarily associated with the completion of the restructuring actions initiated in the fourth quarter of 2013.
	In the first quarter of 2013, as part of our strategy to reduce costs and to realign our business, we implemented a restructuring of our business and recorded restructuring charges of $15.5 million. The restructuring charges included $15.5 million for severance and related costs associated with 168 employees notified of termination during the first quarter and $27 thousand of charges related to excess facilities. In addition, the first quarter of 2013 restructuring charges included a benefit of $0.1 million related to adjusting facility accruals recorded in prior periods.
	The following table summarizes restructuring accrual activity for the three months ended December 28, 2013:
		Employee Severance and Related Benefits			Facility Closures and Related Costs			Total
		(in thousands)
	October 1, 2013	$	19,233		$	296		$	19,529
	Charges to operations	1,098			(31		)	1,067
	Cash disbursements	(11,912		)	(120		)	(12,032		)
	Foreign exchange impact	71			1			72
	Accrual, December 28, 2013	$	8,490		$	146		$	8,636
	The accrual for facility closures and related costs is included in accrued expenses and other liabilities in the consolidated balance sheet, and the accrual for employee severance and related benefits is included in accrued compensation and benefits in the consolidated balance sheet.

Stockbased_Compensation

Stock-based Compensation	3 Months Ended
	Dec. 28, 2013
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]	'
Stock-Based Compensation	'
	Stock-based Compensation
	We measure the cost of employee services received in exchange for restricted stock and restricted stock unit (RSU) awards based on the fair value of our common stock on the date of grant. That cost is recognized over the period during which an employee is required to provide service in exchange for the award.
	Our equity incentive plan provides for grants of nonqualified and incentive stock options, common stock, restricted stock, RSUs and stock appreciation rights to employees, directors, officers and consultants. We award RSUs as the principal equity incentive awards, including certain performance-based awards that are earned based on achievement of performance criteria established by the Compensation Committee of our Board of Directors. Each RSU represents the contingent right to receive one share of our common stock.
	Our equity incentive plans are described more fully in Note K to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended September 30, 2013.
	Restricted stock unit activity for the three months ended December 28, 2013	Shares			Weighted
					Average
					Grant Date
					Fair Value
					(Per Share)
		(in thousands)
	Balance of outstanding restricted stock units October 1, 2013	5,186			$	21.67
	Granted	1,130			$	32.17
	Vested	(1,627	)		$	21.13
	Forfeited or not earned	(172	)		$	21.87
	Balance of outstanding restricted stock units December 28, 2013	4,517			$	24.47
		Restricted Stock Units
	Grant Period	Performance-based (1)		Time-based (2)
		(Number of Units in thousands)
	First three months of 2014	345		785
	_________________
	-1	The performance based RSUs were granted to employees, including our executive officers. Substantially all of these performance-based will be eligible to vest in three substantially equal installments on (i) the later of November 15, 2014 and the date the Compensation Committee determines the extent to which 2014 performance criteria have been achieved, (ii) the later of November 15, 2015 and the date the Compensation Committee determines the extent to which the applicable 2015 performance criteria have been achieved, and (iii) the later of November 15, 2016 and the date the Compensation Committee determines the extent to which the applicable 2016 performance criteria have been achieved; RSUs not earned for a period may be earned in subsequent periods.
	-2	The time-based RSUs were issued to employees, including our executive officers, and a member of our Board of Directors as described in Note 1. Substantially all of these time-based RSUs, will vest in three substantially equal annual installments in November 2014, 2015 and 2016.
	Compensation expense recorded for our stock-based awards was classified in our consolidated statements of operations as follows:
		Three months ended
		December 28,				December 29,
		2013				2012
		(in thousands)
	Cost of license revenue	$	4			$	5
	Cost of service revenue	1,598				1,612
	Cost of support revenue	924				826
	Sales and marketing	2,499				2,458
	Research and development	2,689				2,512
	General and administrative	5,050				4,480
	Total stock-based compensation expense	$	12,764			$	11,893

Earnings_per_Share_EPS_and_Com

Earnings per Share (EPS) and Common Stock	3 Months Ended
	Dec. 28, 2013
Earnings Per Share and Common Stock	'
Earnings per Share (EPS) and Common Stock	'
	Earnings per Share (EPS) and Common Stock
	EPS
	Basic EPS is calculated by dividing net income by the weighted average number of shares outstanding during the period. Unvested restricted stock, although legally issued and outstanding, is not considered outstanding for purposes of calculating basic EPS. Diluted EPS is calculated by dividing net income by the weighted average number of shares outstanding plus the dilutive effect, if any, of outstanding stock options, restricted shares and RSUs using the treasury stock method. The calculation of the dilutive effect of outstanding equity awards under the treasury stock method includes consideration of proceeds from the assumed exercise of stock options, unrecognized compensation expense and any tax benefits as additional proceeds.
		Three months ended
	Calculation of Basic and Diluted EPS	December 28,		December 29,
		2013		2012
		(in thousands, except per share data)
	Net income	$	39,657	$	35,811
	Weighted average shares outstanding—Basic	118,933		119,927
	Dilutive effect of employee stock options, restricted shares and restricted stock units	2,167		1,878
	Weighted average shares outstanding—Diluted	121,100		121,805
	Earnings per share—Basic	$	0.33	$	0.3
	Earnings per share—Diluted	$	0.33	$	0.29
	RSUs totaling 0.4 million were outstanding during the first three months of 2014 but were not included in the calculation of diluted EPS because the share impact of the assumed proceeds related to the weighted unamortized compensation expense exceeded the weighted average RSUs outstanding. These RSUs were excluded from the computation of diluted EPS as the effect would have been anti-dilutive.
	Common Stock Repurchases
	Our Articles of Organization authorize us to issue up to 500 million shares of our common stock. Our Board of Directors has authorized us to repurchase up to $100 million worth of shares with cash from operations in the period October 1, 2013 through September 30, 2014. We did not repurchase any shares in the first quarter of 2014. In the first quarter of 2013, we repurchased 0.7 million shares at a cost of $15.8 million. All shares of our common stock repurchased are automatically restored to the status of authorized and unissued.

Acquisition

Acquisition	3 Months Ended
	Dec. 28, 2013
Business Combinations [Abstract]	'
Acquisition	'
	Acquisition
	Acquisition-related costs were $1.3 million and $4.6 million for the first quarters of 2014 and 2013, respectively. Acquisition-related costs include direct costs of completing an acquisition (e.g., investment banker fees, professional fees, including legal and valuation services) and expenses related to acquisition integration activities (e.g., professional fees, severance, and retention bonuses). These costs have been classified in general and administrative expenses in the accompanying consolidated statements of operations.
	Servigistics
	On October 2, 2012, we acquired Servigistics, Inc. (“Servigistics”), a developer of a suite of service lifecycle management (SLM) software solutions, for $220.8 million in cash (net of a final purchase price adjustment of $1.6 million received from the sellers in the the third quarter of 2013 and net of cash acquired of $1.4 million). We acquired Servigistics to expand our products that support service organizations within manufacturing companies, including managing service and spare parts information and the delivery of service for warranty and product support processes. Servigistics had annualized revenues of approximately $80 million and approximately 400 employees.
	The results of operations of Servigistics have been included in our consolidated financial statements beginning on the acquisition date. The unaudited financial information in the table below summarizes the combined results of operations of PTC and Servigistics, on a pro forma basis, as though the companies had been combined as of the beginning of PTC's fiscal year 2012. The pro forma information for all periods presented includes the effects of business combination accounting resulting from the acquisition as though the acquisition had been consummated as of the beginning of fiscal year 2012, including amortization charges from acquired intangible assets, the fair value adjustment of acquired deferred support revenue being recorded in fiscal year 2012 versus fiscal year 2013, interest expense on borrowings in connection with the acquisition, the exclusion of $4.6 million of acquisition-related costs, and the related tax effects. PTC's first quarter of 2013 results also exclude the $32.6 million tax benefit recorded to decrease our valuation allowance in jurisdictions where we have recorded a valuation allowance as a result of Servigistics' net deferred tax liability position recorded in accounting for the business combination (Note 11). The pro forma financial information is presented for comparative purposes only and is not necessarily indicative of the results of operations that actually would have been achieved if the acquisition had taken place at the beginning of 2012.
	Unaudited Pro Forma Financial Information
		Three months ended
		Pro Forma		As Reported
		29-Dec-12		29-Dec-12
		(in millions, except per share amounts)
	Revenue	$	321.3	$	319.8
	Operating income	$	19.1	$	13.9
	Net income	$	8.5	$	35.8
	Earnings per share—Basic	$	0.07	$	0.3
	Earnings per share—Diluted	$	0.07	$	0.29

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	3 Months Ended
	Dec. 28, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	Goodwill and Intangible Assets
	We have two operating segments: (1) Software Products and (2) Services. We assess goodwill for impairment at the reporting unit level. Our reporting units are determined based on the components of our operating segments that constitute a business for which discrete financial information is available and for which operating results are regularly reviewed by segment management. Our reporting units are consistent with our operating segments. As of December 28, 2013 and September 30, 2013, goodwill and acquired intangible assets in the aggregate attributable to our software products reportable segment were $967.1 million and $979.3 million, respectively, and attributable to our services reportable segment were $62.3 million and $62.9 million, respectively. We test goodwill for impairment in the third quarter of our fiscal year, or on an interim basis if an event occurs or circumstances change that would, more likely than not, reduce the fair value of a reporting segment below its carrying value. Acquired intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the asset may not be recoverable.
	We completed our annual goodwill impairment review as of June 29, 2013 based on a qualitative assessment. Our qualitative assessment included company specific (financial performance and long-range plans), industry, and macroeconomic factors, as well as a sensitivity analysis of key model assumptions and consideration of the fair value of each reporting unit, which was approximately double its carrying value or higher, at the last valuation date. Based on our qualitative assessment, we believe it is more likely than not that the fair values of our reporting units exceed their carrying values and no further impairment testing is required.
	Goodwill and acquired intangible assets consisted of the following:
		December 28, 2013						September 30, 2013
		Gross		Accumulated		Net Book		Gross		Accumulated		Net Book
		Carrying		Amortization		Value		Carrying		Amortization		Value
		Amount						Amount
		(in thousands)
	Goodwill (not amortized)					$	769,158					$	769,095
	Intangible assets with finite lives (amortized) (1):
	Purchased software	$	234,433	$	153,425	$	81,008	$	233,566	$	148,127	$	85,439
	Capitalized software	22,877		22,877		—		22,877		22,877		—
	Customer lists and relationships	304,299		128,362		175,937		304,434		120,338		184,096
	Trademarks and trade names	13,492		10,375		3,117		13,427		10,097		3,330
	Other	3,771		3,569		202		3,784		3,528		256
		$	578,872	$	318,608	$	260,264	$	578,088	$	304,967	$	273,121
	Total goodwill and acquired intangible assets					$	1,029,422					$	1,042,216
	(1) The weighted average useful lives of purchased software, customer lists and relationships, trademarks and trade names and other intangible assets with a remaining net book value are 8 years, 10 years, 7 years, and 3 years, respectively.
	Goodwill
	The changes in the carrying amounts of goodwill for the three months ended December 28, 2013 are due to foreign currency translation adjustments related to those asset balances that are recorded in non-U.S. currencies.
	Amortization of Intangible Assets
	The aggregate amortization expense for intangible assets with finite lives was classified in our consolidated statements of operations as follows:
		Three months ended
		December 28,		December 29,
		2013		2012
		(in thousands)
	Amortization of acquired intangible assets	$	7,789	$	6,623
	Cost of license revenue	4,405		4,639
	Cost of service revenue	92		—
	Total amortization expense	$	12,286	$	11,262

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Dec. 28, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, we consider the principal or most advantageous market in which we would transact and consider assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance. Generally accepted accounting principles prescribe a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs that may be used to measure fair value:
	•	Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities;
	•	Level 2: inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or
	•	Level 3: unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	Our significant financial assets and liabilities measured at fair value on a recurring basis as of December 28, 2013 and September 30, 2013 were as follows:
		December 28,		September 30,
		2013		2013
		(in thousands)
	Financial assets:
	Cash equivalents—Level 1 (1)	$	201,149	$	56,706
	Forward contracts—Level 2	426		301
		$	201,575	$	57,007
	Financial liabilities:
	Forward contracts—Level 2	$	52	$	438
	_________________
	-1	Money market funds and time deposits.

Derivative_Financial_Instrumen

Derivative Financial Instruments	3 Months Ended
	Dec. 28, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Financial Instruments	'
	Derivative Financial Instruments
	Our foreign currency risk management strategy is principally designed to mitigate the future potential financial impact of changes in the value of transactions and balances denominated in foreign currency resulting from changes in foreign currency exchange rates. We enter into derivative transactions, specifically foreign currency forward contracts with maturities of up to three months, to manage our exposure to fluctuations in foreign exchange rates that arise primarily from our foreign currency-denominated receivables and payables.
	Generally, we do not designate foreign currency forward contracts as hedges for accounting purposes, and changes in the fair value of these instruments are recognized immediately in earnings. Because we enter into forward contracts only as an economic hedge, any gain or loss on the underlying foreign-denominated balance would be offset by the loss or gain on the forward contract. Gains and losses on forward contracts and foreign denominated receivables and payables are included in other income (expense), net.
	As of December 28, 2013 and September 30, 2013, we had outstanding forward contracts with notional amounts equivalent to the following:
	Currency Hedged	December 28,			September 30,
		2013			2013
		(in thousands)
	Canadian Dollar / U.S. Dollar	$	33,041		$	41,852
	Euro / U.S. Dollar	61,124			50,902
	Chinese Renminbi / U.S. Dollar	15,800			—
	Japanese Yen / U.S. Dollar	6,247			6,496
	Swiss Franc / U.S. Dollar	6,924			9,678
	Israeli New Sheqel / U.S. Dollar	4,332			3,413
	All other	10,676			12,093
	Total	$	138,144		$	124,434
	The accompanying consolidated balance sheets include a net asset of $0.4 million in other current assets and a net liability of $0.1 million in accrued expenses as of December 28, 2013, and a net asset of $0.3 million in other current assets and a net liability of $0.4 million as of September 30, 2013 related to the fair value of our forward contracts.
	Net gains and losses on foreign currency exposures are recorded in other income (expense), net and include realized and unrealized gains and losses on forward contracts. Net gains and losses on foreign currency exposures for the three months ended ended December 28, 2013 and December 29, 2012 were as follows:
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Net losses on foreign currency exposures	$	864		$	485
	Net realized and unrealized gain on forward contracts (excluding the underlying foreign currency exposure being hedged)	$	(1,628	)	$	(702	)

Segment_Information

Segment Information	3 Months Ended
	Dec. 28, 2013
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	We operate within a single industry segment—computer software and related services. Operating segments as defined under GAAP are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision-making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our President and Chief Executive Officer. We have two operating and reportable segments: (1) Software Products, which includes license and related support revenue (including updates and technical support) for all our products except training-related products; and (2) Services, which includes consulting, implementation, training, computer-based training products, including support on these products, and other services revenue. We do not allocate sales and marketing or administrative expenses to our operating segments as these activities are managed on a consolidated basis.
	The revenue and operating income attributable to our operating segments are summarized as follows:
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Revenue:
	Total Software Products segment revenue	$	244,253		$	239,289
	Total Services segment revenue	80,672			80,462
	Total revenue	$	324,925		$	319,751
	Operating income: (1)
	Software Products segment	$	158,238		$	143,591
	Services segment	12,622			7,250
	Sales and marketing expenses	(84,710		)	(100,327		)
	General and administrative expenses	(31,279		)	(36,655		)
	Total operating income	54,871			13,859
	Other income (expense), net	(1,753		)	(1,805		)
	Income before income taxes	$	53,118		$	12,054
	-1	We recorded restructuring charges of $1.1 million in the first quarter of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.3 million of these restructuring charges. We recorded restructuring charges of $15.4 million in the first quarter of 2013. Software Products included $5.5 million; Services included  $2.3 million; sales and marketing expenses included $6.8 million; and general and administrative expenses included $0.8 million of these restructuring charges.
	We report revenue by the following three solution areas:
	•	CAD - PTC Creo® and PTC Mathcad®.
	•	Extended PLM - our PLM solutions (primarily PTC Windchill®), our ALM solutions (primarily PTC Integrity™) and our SCM Solutions (primarily PTC Windchill FlexPLM®).
	•	SLM - PTC Arbortext® and PTC Servigistics® products.
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Revenue:
	CAD	$	136,168		$	131,960
	Extended PLM	143,798			142,409
	SLM	44,959			45,382
	Total revenue	$	324,925		$	319,751
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Revenue:
	Americas (1)	$	138,878		$	132,658
	Europe (2)	127,043			119,654
	Pacific Rim	33,893			38,622
	Japan	25,111			28,817
	Total revenue	$	324,925		$	319,751
	_________________
	-1	Includes revenue in the United States totaling $128.7 million and $116.9 million for the quarters ended December 28, 2013 and December 29, 2012, respectively.
	-2	Includes revenue in Germany totaling $43.0 million and $42.1 million for the quarters ended December 28, 2013 and December 29, 2012, respectively.

Income_Taxes

Income Taxes	3 Months Ended
	Dec. 28, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	In the first quarter of 2014, our effective tax rate was 25% on pre-tax income of $53.1 million compared to a benefit of 197% on pre-tax income of $12.1 million in the first quarter of 2013. In the first quarter of 2014, our effective tax rate was lower than the 35% statutory federal income tax rate due to our corporate structure in which our foreign taxes are at a net effective tax rate lower than the U.S. rate.
	In the first quarter of 2013, our effective tax rate was lower than the 35% statutory federal income tax rate due primarily to the reversal of a portion of our valuation allowance against net deferred tax assets described below. Our first quarter of 2013 tax benefit did not include a tax benefit on our forecast 2013 U.S. loss as it was offset by a valuation allowance established in the fourth quarter of 2012 as described below.
	In the fourth quarter of 2012, we recorded a $124.5 million non-cash charge to the income tax provision to establish a valuation allowance against all of our U.S. deferred tax assets. In the first quarter of 2013, our acquisition of Servigistics, Inc. was accounted for as a business combination. Assets acquired, including the fair values of acquired tangible assets, intangible assets (including finite-lived acquired intangible assets totaling $118.3 million) and assumed liabilities were recorded, and we recorded net deferred tax liabilities of $35.6 million primarily related to the tax effect of the acquired intangible assets that are not deductible for income tax purposes. These net deferred tax liabilities reduced our net deferred tax asset balance and resulted in a tax benefit of $32.6 million to decrease our valuation allowance in jurisdictions where we have recorded a valuation allowance (primarily the U.S.). As this decrease in the valuation allowance was not part of the accounting for the business combination (the fair value of the assets acquired and liabilities assumed), it was recorded as an income tax benefit.
	As of December 28, 2013 and September 30, 2013, we had unrecognized tax benefits of $14.3 million and $13.7 million, respectively. If all of our unrecognized tax benefits as of December 28, 2013 were to become recognizable in the future, we would record a benefit to the income tax provision of $13.4 million which would be partially offset by an increase in the U.S. valuation allowance of $7.2 million.
	Although we believe our tax estimates are appropriate, the final determination of tax audits and any related litigation could result in favorable or unfavorable changes in our estimates. We believe it is reasonably possible that within the next 12 months the amount of unrecognized tax benefits related to the resolution of multi-jurisdictional tax positions could be reduced by up to $2 million as audits close and statutes of limitations expire.
	We follow the with-and-without approach for the direct effects of windfall tax deductions to determine the timing of the recognition of benefits for windfall tax deductions.  In the first quarter of 2014, we recorded windfall tax benefits of $6.8 million to additional paid-in capital.

Debt

Debt	3 Months Ended
	Dec. 28, 2013
Debt Disclosure [Abstract]	'
Debt	'
	Debt
	Credit Agreement
	From August 2012 through January 2014, we had a multi-currency credit facility (the credit facility) with a syndicate of ten banks for which JPMorgan Chase Bank, N.A. acted as Administrative Agent. The credit facility consisted of a $150 million term loan and a $300 million revolving loan commitment. In January 2014, we entered into a new credit facility that replaced the August 2012 credit facility. See Note 14. Subsequent Events for a description of the new credit facility. The following describes the August 2012 credit facility which was in effect during the first quarter of 2014.
	As of December 28, 2013, we had $368.1 million outstanding under the credit facility (including $110 million borrowed in connection with our acquisition of ThingWorx described in Note 14), comprised of a $142.5 million term loan and $225.6 million of revolving loans.
	The revolving loan commitment does not require amortization of principal. The term loan requires principal payments at the end of each calendar quarter. The revolving loans and term loan may be repaid in whole or in part prior to the scheduled maturity dates at PTC's option without penalty or premium. We are required to make principal payments under the term loan of $15.0 million, $15.0 million, $22.5 million and $90.0 million in the remainder of 2014, 2015, 2016 and 2017, respectively. The credit facility matures on August 16, 2017, when all remaining amounts outstanding will be due and payable in full. As of December 28, 2013, the fair value of our credit facility approximates our book value. If measured at fair value in the financial statements, long-term debt (including the current portion) would be classified as Level 2 in the fair value hierarchy described in Note 8.
	Loans under the credit facility bear interest at variable rates which reset every 30 to 180 days depending on the rate and period selected by PTC. As of December 28, 2013, the annual rate on both the term loan and the revolving loans was 1.5%. A quarterly commitment fee on the undrawn portion of the credit facility is required, ranging from 0.20% to 0.30% per annum, based upon PTC’s leverage ratio.
	PTC is the sole borrower under the credit facility. The obligations under the credit facility are guaranteed by PTC’s material domestic subsidiaries, and 65% of the voting equity interests of PTC’s material first-tier foreign subsidiaries are pledged as collateral for the obligations.
	The credit facility limits PTC’s and its subsidiaries’ ability to, among other things: incur additional indebtedness; incur liens or guarantee obligations; pay dividends (other than to PTC) and make other distributions; make investments and enter into joint ventures; dispose of assets; and engage in transactions with affiliates, except on an arms-length basis. Under the credit facility, PTC and its material domestic subsidiaries may not invest cash or property in, or loan to, PTC’s foreign subsidiaries in aggregate amounts exceeding $50 million for any purpose and an additional $75 million for acquisitions of businesses. In addition, under the credit facility, PTC and its subsidiaries must maintain the following financial ratios:
	•	a leverage ratio, defined as consolidated funded indebtedness to consolidated trailing four quarters EBITDA, of no greater than 2.50 to 1.00 at any time; and
	•	a fixed charge coverage ratio, defined as the ratio of consolidated trailing four quarters EBITDA less consolidated capital expenditures to consolidated fixed charges, of no less than 3.50 to 1.00 at any time.
	As of December 28, 2013, our leverage ratio was 1.16 to 1.00, our fixed charge coverage ratio was 26.35 to 1.00 and we were in compliance with all financial and operating covenants of the credit facility.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Dec. 28, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Legal and Regulatory Matters
	China Investigation
	We have been cooperating to provide information to the U.S. Securities and Exchange Commission and the Department of Justice concerning payments and expenses by certain of our business partners in China and/or by employees of our Chinese subsidiary that raise questions concerning compliance with laws, including the U.S. Foreign Corrupt Practices Act.  Although we had begun discussions with the SEC and Department of Justice regarding possible resolution of this matter, we continue to respond to requests for information and cannot predict when or how this matter may be resolved. Resolution of this matter could include fines and penalties; however we are unable to estimate an amount that could be associated with any resolution and, accordingly, we have not recorded a liability for this matter.  If we are required to record a liability for this matter, or to pay fines or penalties associated with this matter, this could materially impact our results for the period in which the liability is recorded or such amounts are paid. Further, any settlement or other resolution of this matter could have collateral effects on our business in China, the United States and elsewhere.
	We terminated certain employees and business partners in China in connection with this matter, which may have an adverse impact on our level of sales in China until replacements for those employees and business partners are in place and productive. Revenue from China has historically represented 6% to 7% of our total revenue.
	Other Legal Proceedings
	We are subject to various legal proceedings and claims that arise in the ordinary course of business. We do not believe that resolving the legal proceedings and claims that we are currently subject to will have a material adverse impact on our financial condition, results of operations or cash flows. However, the results of legal proceedings cannot be predicted with certainty. Should any of these legal proceedings and claims be resolved against us, the operating results for a particular reporting period could be adversely affected.
	Accruals
	With respect to legal proceedings and claims, we record an accrual for a contingency when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. For legal proceedings and claims for which the likelihood that a liability has been incurred is more than remote but less than probable, we estimate the range of possible outcomes. As of December 28, 2013, we had a legal proceedings and claims accrual of $1.6 million.
	Guarantees and Indemnification Obligations
	We enter into standard indemnification agreements in the ordinary course of our business. Pursuant to such agreements with our business partners or customers, we indemnify, hold harmless, and agree to reimburse the indemnified party for losses suffered or incurred by the indemnified party, generally in connection with patent, copyright or other intellectual property infringement claims by any third party with respect to our products, as well as claims relating to property damage or personal injury resulting from the performance of services by us or our subcontractors. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited. Historically, our costs to defend lawsuits or settle claims relating to such indemnity agreements have been minimal and we accordingly believe the estimated fair value of liabilities under these agreements is immaterial.
	We warrant that our software products will perform in all material respects in accordance with our standard published specifications in effect at the time of delivery of the licensed products for a specified period of time. Additionally, we generally warrant that our consulting services will be performed consistent with generally accepted industry standards. In most cases, liability for these warranties is capped. If necessary, we would provide for the estimated cost of product and service warranties based on specific warranty claims and claim history; however, we have not incurred significant cost under our product or services warranties. As a result, we believe the estimated fair value of these liabilities is immaterial.

Subsequent_Events

Subsequent Events	3 Months Ended
	Dec. 28, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	Acquisition
	On December 30, 2013, pursuant to an Agreement and Plan of Merger (the Merger Agreement), PTC Inc. acquired ThingWorx, Inc., creators of a platform for building and running applications for the Internet of Things, for approximately $112 million in cash. Up to an additional $18 million in cash may become payable to the former ThingWorx stockholders pursuant to the earn-out provisions of the Merger Agreement. We borrowed $110 million under our existing credit facility on December 27, 2013 to fund the acquisition.
	We acquired ThingWorx to accelerate our ability to support manufacturers as they create and service smart, connected products. At the time of the acquisition, ThingWorx had approximately 40 employees and historical annualized revenues were not material. We have not yet completed our acquisition accounting. We do expect to record a non-cash tax benefit in the second quarter of 2014 due to the recording of deferred tax liabilities related to the tax effect of acquired intangible assets that are not deductible for income tax purposes and the resulting reduction in the U.S. valuation allowance on U.S. net deferred tax assets.
	Credit Facility
	On January 30, 2014, we entered into a new credit facility with a syndicate of 13 banks. The new credit facility replaces our credit facility described in Note 12. We expect to use the credit facility for general corporate purposes, including acquisitions of businesses and working capital requirements. The credit facility consists of a $250 million term loan and a $750 million revolving loan commitment. The revolving loan commitment does not require amortization of principal. The term loan requires principal payments at the end of each calendar quarter. The revolving loan and term loan may be repaid in whole or in part prior to the scheduled maturity dates at PTC's option without penalty or premium. The credit facility matures on January 30, 2019, when all remaining amounts outstanding will be due and payable in full. We are required to make principal payments under the term loan of $9.375 million, $21.875 million, $25.0 million, $34.375 million, $37.5 million and $121.875 million in 2014, 2015, 2016, 2017, 2018 and 2019, respectively. Pursuant to the new credit facility, we must maintain a leverage ratio, defined as consolidated funded indebtedness to consolidated trailing four quarters EBITDA, of no greater than 3.00 to 1.00 at any time (such ratio was increased from 2.50:1:00 in our previous facility). Other terms of the credit facility including interest rates, commitment fees, and restrictions and covenants are substantially the same as the previous credit facility. We incurred costs of approximately $4 million in connection with entering into the new facility which will be amortized over the term of the new credit facility.

Deferred_Revenue_and_Financing1

Deferred Revenue and Financing Receivables (Tables)	3 Months Ended
	Dec. 28, 2013
Deferred Revenue And Financing Receivables [Abstract]	'
Credit Risk Assessment for Financing Receivables	'
	Our credit risk assessment for financing receivables was as follows:
		December 28,		September 30,
		2013		2013
		(in thousands)
	S&P bond rating BBB-1 and above-Tier 1	$	43,131	$	42,189
	Internal Credit Assessment-Tier 2	11,269		10,934
	Internal Credit Assessment-Tier 3	—		—
	Total financing receivables	$	54,400	$	53,123

Restructuring_Charges_Tables

Restructuring Charges (Tables)	3 Months Ended
	Dec. 28, 2013
Restructuring [Abstract]	'
Restructuring Accrual Activity	'
	The following table summarizes restructuring accrual activity for the three months ended December 28, 2013:
		Employee Severance and Related Benefits			Facility Closures and Related Costs			Total
		(in thousands)
	October 1, 2013	$	19,233		$	296		$	19,529
	Charges to operations	1,098			(31		)	1,067
	Cash disbursements	(11,912		)	(120		)	(12,032		)
	Foreign exchange impact	71			1			72
	Accrual, December 28, 2013	$	8,490		$	146		$	8,636

Stockbased_Compensation_Tables

Stock-based Compensation (Tables)	3 Months Ended
	Dec. 28, 2013
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]	'
Schedule of Restricted Stock and Restricted Stock Unit Activity	'
	Restricted stock unit activity for the three months ended December 28, 2013	Shares			Weighted
					Average
					Grant Date
					Fair Value
					(Per Share)
		(in thousands)
	Balance of outstanding restricted stock units October 1, 2013	5,186			$	21.67
	Granted	1,130			$	32.17
	Vested	(1,627	)		$	21.13
	Forfeited or not earned	(172	)		$	21.87
	Balance of outstanding restricted stock units December 28, 2013	4,517			$	24.47
Schedule of Restricted Stock Unit Grants for the Period	'
		Restricted Stock Units
	Grant Period	Performance-based (1)		Time-based (2)
		(Number of Units in thousands)
	First three months of 2014	345		785
	_________________
	-1	The performance based RSUs were granted to employees, including our executive officers. Substantially all of these performance-based will be eligible to vest in three substantially equal installments on (i) the later of November 15, 2014 and the date the Compensation Committee determines the extent to which 2014 performance criteria have been achieved, (ii) the later of November 15, 2015 and the date the Compensation Committee determines the extent to which the applicable 2015 performance criteria have been achieved, and (iii) the later of November 15, 2016 and the date the Compensation Committee determines the extent to which the applicable 2016 performance criteria have been achieved; RSUs not earned for a period may be earned in subsequent periods.
	-2	The time-based RSUs were issued to employees, including our executive officers, and a member of our Board of Directors as described in Note 1. Substantially all of these time-based RSUs, will vest in three substantially equal annual installments in November 2014, 2015 and 2016
Schedule of Classification of Compensation Expense	'
	Compensation expense recorded for our stock-based awards was classified in our consolidated statements of operations as follows:
		Three months ended
		December 28,				December 29,
		2013				2012
		(in thousands)
	Cost of license revenue	$	4			$	5
	Cost of service revenue	1,598				1,612
	Cost of support revenue	924				826
	Sales and marketing	2,499				2,458
	Research and development	2,689				2,512
	General and administrative	5,050				4,480
	Total stock-based compensation expense	$	12,764			$	11,893

Earnings_per_Share_EPS_and_Com1

Earnings per Share (EPS) and Common Stock (Tables)	3 Months Ended
	Dec. 28, 2013
Earnings Per Share and Common Stock	'
Earnings per Share Basic and Diluted	'
		Three months ended
	Calculation of Basic and Diluted EPS	December 28,		December 29,
		2013		2012
		(in thousands, except per share data)
	Net income	$	39,657	$	35,811
	Weighted average shares outstanding—Basic	118,933		119,927
	Dilutive effect of employee stock options, restricted shares and restricted stock units	2,167		1,878
	Weighted average shares outstanding—Diluted	121,100		121,805
	Earnings per share—Basic	$	0.33	$	0.3
	Earnings per share—Diluted	$	0.33	$	0.29

Acquisition_Tables

Acquisition (Tables)	3 Months Ended
	Dec. 28, 2013
Business Combinations [Abstract]	'
Pro Forma Financial Information	'
	The unaudited financial information in the table below summarizes the combined results of operations of PTC and Servigistics, on a pro forma basis, as though the companies had been combined as of the beginning of PTC's fiscal year 2012. The pro forma information for all periods presented includes the effects of business combination accounting resulting from the acquisition as though the acquisition had been consummated as of the beginning of fiscal year 2012, including amortization charges from acquired intangible assets, the fair value adjustment of acquired deferred support revenue being recorded in fiscal year 2012 versus fiscal year 2013, interest expense on borrowings in connection with the acquisition, the exclusion of $4.6 million of acquisition-related costs, and the related tax effects. PTC's first quarter of 2013 results also exclude the $32.6 million tax benefit recorded to decrease our valuation allowance in jurisdictions where we have recorded a valuation allowance as a result of Servigistics' net deferred tax liability position recorded in accounting for the business combination (Note 11). The pro forma financial information is presented for comparative purposes only and is not necessarily indicative of the results of operations that actually would have been achieved if the acquisition had taken place at the beginning of 2012.
	Unaudited Pro Forma Financial Information
		Three months ended
		Pro Forma		As Reported
		29-Dec-12		29-Dec-12
		(in millions, except per share amounts)
	Revenue	$	321.3	$	319.8
	Operating income	$	19.1	$	13.9
	Net income	$	8.5	$	35.8
	Earnings per share—Basic	$	0.07	$	0.3
	Earnings per share—Diluted	$	0.07	$	0.29

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Dec. 28, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Acquired Intangible Assets	'
	Goodwill and acquired intangible assets consisted of the following:
		December 28, 2013						September 30, 2013
		Gross		Accumulated		Net Book		Gross		Accumulated		Net Book
		Carrying		Amortization		Value		Carrying		Amortization		Value
		Amount						Amount
		(in thousands)
	Goodwill (not amortized)					$	769,158					$	769,095
	Intangible assets with finite lives (amortized) (1):
	Purchased software	$	234,433	$	153,425	$	81,008	$	233,566	$	148,127	$	85,439
	Capitalized software	22,877		22,877		—		22,877		22,877		—
	Customer lists and relationships	304,299		128,362		175,937		304,434		120,338		184,096
	Trademarks and trade names	13,492		10,375		3,117		13,427		10,097		3,330
	Other	3,771		3,569		202		3,784		3,528		256
		$	578,872	$	318,608	$	260,264	$	578,088	$	304,967	$	273,121
	Total goodwill and acquired intangible assets					$	1,029,422					$	1,042,216
	(1) The weighted average useful lives of purchased software, customer lists and relationships, trademarks and trade names and other intangible assets with a remaining net book value are 8 years, 10 years, 7 years, and 3 years, respectively.
Amortization of Intangible Assets	'
	The aggregate amortization expense for intangible assets with finite lives was classified in our consolidated statements of operations as follows:
		Three months ended
		December 28,		December 29,
		2013		2012
		(in thousands)
	Amortization of acquired intangible assets	$	7,789	$	6,623
	Cost of license revenue	4,405		4,639
	Cost of service revenue	92		—
	Total amortization expense	$	12,286	$	11,262

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Dec. 28, 2013
Fair Value Disclosures [Abstract]	'
Fair Value, by Balance Sheet Grouping	'
	Our significant financial assets and liabilities measured at fair value on a recurring basis as of December 28, 2013 and September 30, 2013 were as follows:
		December 28,		September 30,
		2013		2013
		(in thousands)
	Financial assets:
	Cash equivalents—Level 1 (1)	$	201,149	$	56,706
	Forward contracts—Level 2	426		301
		$	201,575	$	57,007
	Financial liabilities:
	Forward contracts—Level 2	$	52	$	438
	_________________
	-1	Money market funds and time deposits.

Derivative_Financial_Instrumen1

Derivative Financial Instruments (Tables)	3 Months Ended
	Dec. 28, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Notional Amounts of Outstanding Forward Contracts	'
	As of December 28, 2013 and September 30, 2013, we had outstanding forward contracts with notional amounts equivalent to the following:
	Currency Hedged	December 28,			September 30,
		2013			2013
		(in thousands)
	Canadian Dollar / U.S. Dollar	$	33,041		$	41,852
	Euro / U.S. Dollar	61,124			50,902
	Chinese Renminbi / U.S. Dollar	15,800			—
	Japanese Yen / U.S. Dollar	6,247			6,496
	Swiss Franc / U.S. Dollar	6,924			9,678
	Israeli New Sheqel / U.S. Dollar	4,332			3,413
	All other	10,676			12,093
	Total	$	138,144		$	124,434
Net Gains and Losses on Foreign Currency Exposures	'
	Net gains and losses on foreign currency exposures for the three months ended ended December 28, 2013 and December 29, 2012 were as follows:
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Net losses on foreign currency exposures	$	864		$	485
	Net realized and unrealized gain on forward contracts (excluding the underlying foreign currency exposure being hedged)	$	(1,628	)	$	(702	)

Segment_Information_Tables

Segment Information (Tables)	3 Months Ended
	Dec. 28, 2013
Segment Reporting [Abstract]	'
Revenue and Operating Income	'
	The revenue and operating income attributable to our operating segments are summarized as follows:
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Revenue:
	Total Software Products segment revenue	$	244,253		$	239,289
	Total Services segment revenue	80,672			80,462
	Total revenue	$	324,925		$	319,751
	Operating income: (1)
	Software Products segment	$	158,238		$	143,591
	Services segment	12,622			7,250
	Sales and marketing expenses	(84,710		)	(100,327		)
	General and administrative expenses	(31,279		)	(36,655		)
	Total operating income	54,871			13,859
	Other income (expense), net	(1,753		)	(1,805		)
	Income before income taxes	$	53,118		$	12,054
	-1	We recorded restructuring charges of $1.1 million in the first quarter of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.3 million of these restructuring charges. We recorded restructuring charges of $15.4 million in the first quarter of 2013. Software Products included $5.5 million; Services included  $2.3 million; sales and marketing expenses included $6.8 million; and general and administrative expenses included $0.8 million of these restructuring charges.
Revenue by Product Segment	'
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Revenue:
	CAD	$	136,168		$	131,960
	Extended PLM	143,798			142,409
	SLM	44,959			45,382
	Total revenue	$	324,925		$	319,751
Revenue by Geographic Segment	'
		Three months ended
		December 28,			December 29,
		2013			2012
		(in thousands)
	Revenue:
	Americas (1)	$	138,878		$	132,658
	Europe (2)	127,043			119,654
	Pacific Rim	33,893			38,622
	Japan	25,111			28,817
	Total revenue	$	324,925		$	319,751
	_________________
	-1	Includes revenue in the United States totaling $128.7 million and $116.9 million for the quarters ended December 28, 2013 and December 29, 2012, respectively.
	-2	Includes revenue in Germany totaling $43.0 million and $42.1 million for the quarters ended December 28, 2013 and December 29, 2012, respectively.

Basis_of_Presentation_Details

Basis of Presentation (Details) (Restricted Stock, Director, USD $)	0 Months Ended
	Nov. 27, 2013
Restricted Stock | Director	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Restricted stock unit granted, value	$200,000
Granted, shares	6,213
Estimated future fees to be paid, maximum	$240,000

Deferred_Revenue_and_Financing2

Deferred Revenue and Financing Receivables (Details) (USD $)	3 Months Ended
	Dec. 28, 2013	Dec. 29, 2012	Sep. 30, 2013
Deferred Revenue and Financing Receivables [Line Items]	'	'	'
Maximum payment terms on software purchases for credit-worthy customers (in months)	'24 months	'	'
Amounts due from customers for contracts with extended payment terms	$54,400,000	'	$53,100,000
Receivables past due	500,000	'	0
Financing receivable greater than 90 days past due	0	'	'
Financing receivable	54,400,000	'	53,123,000
Reserve for credit losses	0	'	0
Sale of finance receivable	5,300,000	0	'
S&P bond rating BBB-1 and above-Tier 1	'	'	'
Deferred Revenue and Financing Receivables [Line Items]	'	'	'
Financing receivable	43,131,000	'	42,189,000
Internal Credit Assessment-Tier 2	'	'	'
Deferred Revenue and Financing Receivables [Line Items]	'	'	'
Financing receivable	11,269,000	'	10,934,000
Internal Credit Assessment-Tier 3	'	'	'
Deferred Revenue and Financing Receivables [Line Items]	'	'	'
Financing receivable	0	'	0
Accounts Receivable	'	'	'
Deferred Revenue and Financing Receivables [Line Items]	'	'	'
Current receivables from contracts	35,900,000	'	36,100,000
Other Assets	'	'	'
Deferred Revenue and Financing Receivables [Line Items]	'	'	'
Billed but uncollected maintenance receivable	85,000,000	'	108,600,000
Long-term receivables from contracts	$18,500,000	'	$17,000,000

Restructuring_Charges_Details

Restructuring Charges (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Restructuring Reserve [Roll Forward]	'	'
Charges to operations	$1,067	$15,402
2013 Restructuring Charges	'	'
Restructuring Reserve [Roll Forward]	'	'
1-Oct-13	19,529	'
Charges to operations	1,067	'
Cash disbursements	-12,032	'
Foreign exchange impact	72	'
Accrual, December 28, 2013	8,636	'
2013 Restructuring Charges | Employee Severance and Related Benefits	'	'
Restructuring Reserve [Roll Forward]	'	'
1-Oct-13	19,233	'
Charges to operations	1,098	'
Cash disbursements	-11,912	'
Foreign exchange impact	71	'
Accrual, December 28, 2013	8,490	'
2013 Restructuring Charges | Facility Closures and Related Costs	'	'
Restructuring Reserve [Roll Forward]	'	'
1-Oct-13	296	'
Charges to operations	-31	'
Cash disbursements	-120	'
Foreign exchange impact	1	'
Accrual, December 28, 2013	$146	'

Restructuring_Charges_Narrativ

Restructuring Charges (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 28, 2013	Dec. 29, 2012
Restructuring Cost and Reserve [Line Items]	'	'
Charges to operations	$1,067,000	$15,402,000
Restructuring Plan 2013 Q1	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Charges to operations	1,100,000	15,500,000
Number of employees terminated	'	168
Prior (1)	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Charges to operations	'	-100,000
Employee Severance and Related Benefits | Restructuring Plan 2013 Q1	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Severance costs	'	15,500,000
Facility Closures and Related Costs | Restructuring Plan 2013 Q1	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Facility consolidation costs	'	$27,000

Stockbased_Compensation_Schedu

Stock-based Compensation (Schedule of Restricted Stock Unit Activity) (Details) (USD $)	3 Months Ended
	Dec. 28, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Common stock issuable per restricted stock unit, Shares	1
Restricted Stock Units (RSUs)	'
Shares	'
Balance of outstanding restricted stock units, beginning, Shares	5,186,000
Granted, Shares	1,130,000
Vested, Shares	-1,627,000
Forfeited or not earned, Shares	-172,000
Balance of outstanding restricted stock units, ending, Shares	4,517,000
Weighted Average Grant Date Fair Value (Per Share)	'
Balance of outstanding restricted stock units, beginning (in USD per share)	$21.67
Granted (in USD per share)	$32.17
Vested (in USD per share)	$21.13
Forfeited or not earned (in USD per share)	$21.87
Balance of outstanding restricted stock units, ending (in USD per share)	$24.47

Stockbased_Compensation_Schedu1

Stock-based Compensation (Schedule of Restricted Stock Unit Grants For The Period) (Details) (Restricted Stock Units (RSUs))	3 Months Ended
	Dec. 28, 2013
Granted, shares	1,130,000
Performance-Based	'
Granted, shares	345,000	[1]
Performance-Based | Vest in 3 Substantially Equal Installments on Later of November 15, 2013, November 15, 2014 and November 15, 2015 or Dates Specified by Compensation Committee	'
Number of equal annual installments	3
Time-Based	'
Granted, shares	785,000	[2]
Time-Based | Vest in 3 Equal Installments on November 15, 2013, November 15, 2014 and November 15, 2015	'
Number of equal annual installments	3
[1]	The performance based RSUs were granted to employees, including our executive officers. Substantially all of these performance-based will be eligible to vest in three substantially equal installments on (i) the later of November 15, 2014 and the date the Compensation Committee determines the extent to which 2014 performance criteria have been achieved, (ii) the later of November 15, 2015 and the date the Compensation Committee determines the extent to which the applicable 2015 performance criteria have been achieved, and (iii) the later of November 15, 2016 and the date the Compensation Committee determines the extent to which the applicable 2016 performance criteria have been achieved; RSUs not earned for a period may be earned in subsequent periods.
[2]	The time-based RSUs were issued to employees, including our executive officers, and a member of our Board of Directors as described in Note 1. Substantially all of these time-based RSUs, will vest in three substantially equal annual installments in November 2014, 2015 and 2016

Stockbased_Compensation_Schedu2

Stock-based Compensation (Schedule of Classification of Compensation Expense) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Total stock-based compensation expense	$12,764	$11,893
Cost of License Revenue	'	'
Total stock-based compensation expense	4	5
Cost of Service Revenue	'	'
Total stock-based compensation expense	1,598	1,612
Cost of Support Revenue	'	'
Total stock-based compensation expense	924	826
Sales and Marketing	'	'
Total stock-based compensation expense	2,499	2,458
Research and Development	'	'
Total stock-based compensation expense	2,689	2,512
General and Administrative	'	'
Total stock-based compensation expense	$5,050	$4,480

Earnings_per_Share_EPS_and_Com2

Earnings per Share (EPS) and Common Stock (Earnings per Share Basic and Diluted) (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Earnings Per Share and Common Stock	'	'
Net income	$39,657	$35,811
Weighted average shares outstanding—Basic (in shares)	118,933	119,927
Dilutive effect of employee stock options, restricted shares and restricted stock units (in shares)	2,167	1,878
Weighted average shares outstanding—Diluted (in shares)	121,100	121,805
Earnings per share—Basic (in USD per share)	$0.33	$0.30
Earnings per share—Diluted (in USD per share)	$0.33	$0.29

Earnings_per_Share_EPS_and_Com3

Earnings per Share (EPS) and Common Stock (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 28, 2013	Dec. 29, 2012	Sep. 30, 2013
Earnings Per Share and Common Stock	'	'	'
Stock option excluded from computation of EPS, shares	400,000	'	'
Common stock, shares authorized	500,000,000	'	500,000,000
Stock authorized to repurchase	$100,000,000	'	'
Stock repurchased during period, shares	'	700,000	'
Value of stock repurchased	'	$15,800,000	'

Acquisition_Business_Combinati

Acquisition (Business Combination) (Details) (USD $)	3 Months Ended		0 Months Ended	3 Months Ended
	Dec. 28, 2013	Dec. 29, 2012	Oct. 02, 2012	Jun. 29, 2013	Dec. 29, 2012
			Servigistics, Inc	Servigistics, Inc	Servigistics, Inc
			employees
Business Acquisition [Line Items]	'	'	'	'	'
Acquisition-related cost	$1,300,000	$4,600,000	'	'	$4,600,000
Total purchase price allocation, net of cash acquired	0	222,423,000	220,800,000	'	'
Cash received as final purchase price adjustment	'	'	'	1,600,000	'
Cash acquired from acquisition	'	'	1,400,000	'	'
Annualized revenue reported by acquired entity	'	'	80,000,000	'	'
Number of employees of acquiree	'	'	400	'	'
Tax benefit recorded to decrease valuation allowance in conjunction with business combination	'	'	'	'	$32,600,000

Acquisition_Unaudited_Pro_Form

Acquisition (Unaudited Pro Forma Financial Information) (Details) (USD $)	3 Months Ended
	Dec. 28, 2013		Dec. 29, 2012
Pro Forma	'		'
Revenue	'		$321,300,000
Operating income	'		19,100,000
Net income	'		8,500,000
Earnings per share—Basic (in USD per share)	'		$0.07
Earnings per share—Diluted (in USD per share)	'		$0.07
As Reported	'		'
Revenue	324,925,000		319,751,000
Operating income	54,871,000	[1]	13,859,000	[1]
Net income	$39,657,000		$35,811,000
Earnings per share—Basic (in USD per share)	$0.33		$0.30
Earnings per share—Diluted (in USD per share)	$0.33		$0.29
[1]	We recorded restructuring charges of $1.1 million in the first quarter of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.3 million of these restructuring charges. We recorded restructuring charges of $15.4 million in the first quarter of 2013. Software Products included $5.5 million; Services included $2.3 million; sales and marketing expenses included $6.8 million; and general and administrative expenses included $0.8 million of these restructuring charges.

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets (Narrative) (Details) (USD $)	Dec. 28, 2013	Sep. 30, 2013
In Millions, unless otherwise specified
Segment Software Products	'	'
Goodwill and acquired intangible assets	$967.10	$979.30
Segment Services	'	'
Goodwill and acquired intangible assets	$62.30	$62.90

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets (Goodwill and Acquired Intangible Assets) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013		Sep. 30, 2013
Goodwill (not amortized), Net Book Value	$769,158		$769,095
Intangible assets with finite lives (amortized), Gross Carrying Amount	578,872	[1]	578,088	[1]
Intangible assets with finite lives (amortized), Accumulated Amortization	318,608	[1]	304,967	[1]
Intangible assets with finite lives (amortized), Net Book Value	260,264	[1]	273,121	[1]
Total goodwill and acquired intangible asset, Net Book Value	1,029,422		1,042,216
Purchased Software	'		'
Intangible assets with finite lives (amortized), Gross Carrying Amount	234,433		233,566
Intangible assets with finite lives (amortized), Accumulated Amortization	153,425		148,127
Intangible assets with finite lives (amortized), Net Book Value	81,008	[1]	85,439	[1]
Acquired finite-lived intangible asset, weighted average useful life	'8 years		'
Capitalized Software	'		'
Intangible assets with finite lives (amortized), Gross Carrying Amount	22,877		22,877
Intangible assets with finite lives (amortized), Accumulated Amortization	22,877		22,877
Intangible assets with finite lives (amortized), Net Book Value	0	[1]	0	[1]
Customer Lists and Relationships	'		'
Intangible assets with finite lives (amortized), Gross Carrying Amount	304,299		304,434
Intangible assets with finite lives (amortized), Accumulated Amortization	128,362		120,338
Intangible assets with finite lives (amortized), Net Book Value	175,937	[1]	184,096	[1]
Acquired finite-lived intangible asset, weighted average useful life	'10 years		'
Trademarks and Trade Names	'		'
Intangible assets with finite lives (amortized), Gross Carrying Amount	13,492		13,427
Intangible assets with finite lives (amortized), Accumulated Amortization	10,375		10,097
Intangible assets with finite lives (amortized), Net Book Value	3,117	[1]	3,330	[1]
Acquired finite-lived intangible asset, weighted average useful life	'7 years		'
Other	'		'
Intangible assets with finite lives (amortized), Gross Carrying Amount	3,771		3,784
Intangible assets with finite lives (amortized), Accumulated Amortization	3,569		3,528
Intangible assets with finite lives (amortized), Net Book Value	$202	[1]	$256	[1]
Acquired finite-lived intangible asset, weighted average useful life	'3 years		'
[1]	The weighted average useful lives of purchased software, customer lists and relationships, trademarks and trade names and other intangible assets with a remaining net book value are 8 years, 10 years, 7 years, and 3 years, respectively.

Goodwill_and_Intangible_Assets4

Goodwill and Intangible Assets (Amortization of Intangible Assets) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization of acquired intangible assets	$7,789	$6,623
Cost of license revenue	4,405	4,639
Cost of service revenue	92	0
Total amortization expense	$12,286	$11,262

Fair_Value_Measurements_Financ

Fair Value Measurements (Financial Assets And Liabilities Measured At Fair Value On Recurring Basis) (Details) (USD $)	Dec. 28, 2013		Sep. 30, 2013
In Thousands, unless otherwise specified
Financial assets:	'		'
Financial assets, fair value	$201,575		$57,007
Level 1	'		'
Financial assets:	'		'
Cash equivalents—Level 1	201,149	[1]	56,706	[1]
Level 2	'		'
Financial assets:	'		'
Forward contracts—Level 2	426		301
Financial liabilities:	'		'
Forward contracts—Level 2	$52		$438
[1]	Money market funds and time deposits.

Derivative_Financial_Instrumen2

Derivative Financial Instruments (Narrative) (Details) (USD $)	Dec. 28, 2013	Sep. 30, 2013
In Millions, unless otherwise specified
Fair value of our forward contracts	'	$0.40
Other Current Assets	'	'
Fair value of our forward contracts	0.4	0.3
Accrued Expenses	'	'
Fair value of our forward contracts	$0.10	'

Derivative_Financial_Instrumen3

Derivative Financial Instruments (Notional Amounts Of Outstanding Forward Contracts) (Details) (Forward Contracts, USD $)	Dec. 28, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified
Notional amounts	$138,144	$124,434
Canadian Dollar / U.S. Dollar	'	'
Notional amounts	33,041	41,852
Euro / U.S. Dollar	'	'
Notional amounts	61,124	50,902
Chinese Renminbi / U.S. Dollar	'	'
Notional amounts	15,800	0
Japanese Yen / U.S. Dollar	'	'
Notional amounts	6,247	6,496
Japanese Yen / Euro	'	'
Notional amounts	6,924	9,678
Israeli New Sheqel / U.S. Dollar	'	'
Notional amounts	4,332	3,413
All other	'	'
Notional amounts	$10,676	$12,093

Derivative_Financial_Instrumen4

Derivative Financial Instruments (Derivative Instruments and Hedging Activities Disclosures) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'	'
Net losses on foreign currency exposures	$864	$485
Net realized and unrealized gain on forward contracts (excluding the underlying foreign currency exposure being hedged)	($1,628)	($702)

Segment_Information_Revenue_an

Segment Information (Revenue and Operating Income) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013		Dec. 29, 2012
	segments
Number of operating and reportable segments	2		'
Revenue	$324,925		$319,751
Operating income	54,871	[1]	13,859	[1]
Sales and marketing expenses	-84,710	[1]	-100,327	[1]
General and administrative expenses	-31,279	[1]	-36,655	[1]
Other income (expense), net	-1,753		-1,805
Income before income taxes	53,118		12,054
Restructuring charges	1,067		15,402
Segment Software Products	'		'
Revenue	244,253		239,289
Operating income	158,238	[1]	143,591	[1]
Restructuring charges	100		5,500
Segment Services	'		'
Revenue	80,672		80,462
Operating income	12,622	[1]	7,250	[1]
Restructuring charges	200		2,300
Sales and Marketing	'		'
Restructuring charges	500		6,800
General and Administrative	'		'
Restructuring charges	300		800
Restructuring Plan 2013 Q3	'		'
Restructuring charges	1,100		'
Restructuring Plan 2013 Q2	'		'
Restructuring charges	'		$15,400
[1]	We recorded restructuring charges of $1.1 million in the first quarter of 2014. Software Products included $0.1 million; Services included $0.2 million; sales and marketing expenses included $0.5 million; and general and administrative expenses included $0.3 million of these restructuring charges. We recorded restructuring charges of $15.4 million in the first quarter of 2013. Software Products included $5.5 million; Services included $2.3 million; sales and marketing expenses included $6.8 million; and general and administrative expenses included $0.8 million of these restructuring charges.

Segment_Information_Revenue_by

Segment Information (Revenue by Product Segment) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013	Dec. 29, 2012
Revenue	$324,925	$319,751
CAD	'	'
Revenue	136,168	131,960
Extended PLM	'	'
Revenue	143,798	142,409
SLM	'	'
Revenue	$44,959	$45,382

Segment_Information_Revenue_by1

Segment Information (Revenue by Geographic Segment) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Dec. 28, 2013		Dec. 29, 2012
Revenue	$324,925		$319,751
Americas	'		'
Revenue	138,878	[1]	132,658	[1]
Europe	'		'
Revenue	127,043	[2]	119,654	[2]
Pacific Rim	'		'
Revenue	33,893		38,622
Japan	'		'
Revenue	25,111		28,817
United States	'		'
Revenue	128,700		116,900
Germany	'		'
Revenue	$43,000		$42,100
[1]	Includes revenue in the United States totaling $128.7 million and $116.9 million for the quarters ended December 28, 2013 and December 29, 2012, respectively.
[2]	Includes revenue in Germany totaling $43.0 million and $42.1 million for the quarters ended December 28, 2013 and December 29, 2012, respectively.

Income_Taxes_Narrative_Details

Income Taxes (Narrative) (Details) (USD $)	3 Months Ended
	Dec. 28, 2013	Dec. 29, 2012	Sep. 30, 2012	Sep. 30, 2013
Income Tax Disclosure [Line Items]	'	'	'	'
Effective income tax rate	25.00%	-197.00%	'	'
Income before income taxes	$53,118,000	$12,054,000	'	'
Statutory federal income tax rate	35.00%	'	'	'
Non-cash charge to establish a valuation allowance against U.S. deferred tax assets	'	'	124,500,000	'
Unrecognized tax benefits	14,300,000	'	'	13,700,000
Income tax provision upon recognition of unrecognized tax benefit	13,400,000	'	'	'
Unrecognized tax benefits that would impact valuation allowance	7,200,000	'	'	'
Potentail reduction in unrecognized tax benefits and accrued interest over next 12 months	2,000,000	'	'	'
Adjustments to additional paid in capital, income tax benefit from share-based compensation	6,800,000	'	'	'
Servigistics, Inc	'	'	'	'
Income Tax Disclosure [Line Items]	'	'	'	'
Identifiable intangible assets	'	118,300,000	'	'
Deferred tax assets and liabilities, net	'	-35,600,000	'	'
Tax benefit recorded to decrease valuation allowance in conjunction with business combination	'	$32,600,000	'	'

Debt_Details

Debt (Details) (USD $)	3 Months Ended					3 Months Ended		0 Months Ended
	Dec. 28, 2013	Dec. 29, 2012	Aug. 31, 2012	Dec. 28, 2013	Dec. 28, 2013	Dec. 28, 2013	Dec. 28, 2013	Dec. 27, 2013
			banks	Term Loan	Revolving Loan	Revolving Loan	Revolving Loan	Revolving Loan
						Minimum	Maximum	ThingWorx
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'
Revolving credit facility syndicate, number of participating banks	'	'	10	'	'	'	'	'
Credit facility amount	'	'	'	$150,000,000	$300,000,000	'	'	'
Borrowings outstanding	368,100,000	'	'	142,500,000	225,600,000	'	'	'
Borrowings under credit facility	110,000,000	0	'	'	'	'	'	110,000,000
Repayments of principal in 2014	'	'	'	15,000,000	'	'	'	'
Repayments of principal in 2015	'	'	'	15,000,000	'	'	'	'
Repayments of principal in 2016	'	'	'	22,500,000	'	'	'	'
Repayments of principal in 2017	'	'	'	90,000,000	'	'	'	'
Credit facility interest rate	1.50%	'	'	'	'	'	'	'
Credit facility commitment fees percentage	'	'	'	'	'	0.20%	0.30%	'
Voting interest in foreign subsidiaries pledged against credit facility	65.00%	'	'	'	'	'	'	'
Investment limit in foreign subsidiaries	50,000,000	'	'	'	'	'	'	'
Cash investment limit for acquisition of business	$75,000,000	'	'	'	'	'	'	'
Maximum leverage ratio allowed under debt covenant	2.5	'	'	'	'	'	'	'
Minimum fixed charge coverage ratio allowed under debt covenant	3.5	'	'	'	'	'	'	'
Leverage ratio, actual	1.16	'	'	'	'	'	'	'
Fixed charge coverage ratio, actual	26.35	'	'	'	'	'	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Dec. 28, 2013
Pending Litigation	'
Loss Contingencies [Line Items]	'
Loss contingency accrual	1.6
Revenue | Geographic Concentration Risk | Minimum | China	'
Loss Contingencies [Line Items]	'
Revenue from China as a percent of total revenue	6.00%
Revenue | Geographic Concentration Risk | Maximum | China	'
Loss Contingencies [Line Items]	'
Revenue from China as a percent of total revenue	7.00%

Subsequent_Events_Acquisition_

Subsequent Events (Acquisition) (Details) (USD $)	3 Months Ended		0 Months Ended
	Dec. 28, 2013	Dec. 29, 2012	Dec. 27, 2013	Dec. 30, 2013	Dec. 30, 2014
			ThingWorx	ThingWorx	ThingWorx
			Credit Facility	Subsequent Event	Subsequent Event
				employees
Subsequent Event [Line Items]	'	'	'	'	'
Acquisitions of businesses, net of cash acquired	$0	$222,423,000	'	$112,000,000	'
Contingent consideration, liability to former stockholders	'	'	'	'	18,000,000
Borrowings under credit facility	$110,000,000	$0	$110,000,000	'	'
Number of employees of acquiree	'	'	'	40	'

Subsequent_Events_Credit_Facil

Subsequent Events (Credit Facility) (Details) (USD $)	Dec. 28, 2013	Aug. 31, 2012	Dec. 28, 2013	Dec. 28, 2013	Jan. 30, 2014	Jan. 30, 2014	Jan. 30, 2014
		banks	Term Loan	Revolving Loan	Subsequent Event	Subsequent Event	Subsequent Event
					banks	Term Loan	Revolving Loan
Subsequent Event [Line Items]	'	'	'	'	'	'	'
Credit facility syndicate, number of participating banks	'	10	'	'	13	'	'
Credit facility amount	'	'	$150,000,000	$300,000,000	'	$250,000,000	$750,000,000
Required principal payments, 2014	'	'	15,000,000	'	'	9,375,000	'
Required principal payments, 2015	'	'	15,000,000	'	'	21,875,000	'
Required principal payments, 2016	'	'	22,500,000	'	'	25,000,000	'
Required principal payments, 2017	'	'	90,000,000	'	'	34,375,000	'
Required principal payments, 2018	'	'	'	'	'	37,500,000	'
Required principal payments, 2019	'	'	'	'	'	121,875,000	'
Maximum leverage ratio allowed under debt covenant	2.5	'	'	'	3	'	'
Debt issuance costs	'	'	'	'	$4,000,000	'	'