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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 84,402 $ 65,991 $ 39,390
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 18,182 16,644 18,565
Impairment charges and other 0 0 10,480
Amortization of marketable securities 80 90 836
Stock-based compensation 24,345 16,643 13,345
Deferred income taxes 9,742 2,951 (14,733)
Changes in operating assets and liabilities:      
Restricted cash 1,500 (5,219) 6,622
Accounts receivable (63,697) (69,619) (25,549)
Prepaid insurance 4,259 (7,624) 13,884
Other current assets (7,465) (2,391) 514
Other assets (12,773) (8,941) (22,069)
Accounts payable 2,258 (1,192) 707
Payroll taxes and other payroll deductions payable 55,481 42,373 29,052
Accrued worksite employee payroll expense 52,188 53,297 (30,479)
Accrued health insurance costs (285) 12,717 (4,686)
Accrued workers’ compensation costs 23,945 21,723 26,159
Accrued corporate payroll, commissions and other accrued liabilities 17,138 3,150 4,105
Income taxes payable/receivable (4,875) (7,920) (1,060)
Total adjustments 120,023 66,682 25,693
Net cash provided by operating activities 204,425 132,673 65,083
Marketable securities:      
Purchases (1,752) (1,049) (10,558)
Proceeds from maturities 1,561 1,715 10,593
Proceeds from dispositions 0 7,268 17,869
Property and equipment:      
Purchases (33,337) (33,994) (17,844)
Proceeds from sale of aircraft 0 0 12,159
Proceeds from dispositions 278 43 153
Net cash provided by (used in) investing activities (33,250) (26,017) 12,372
Cash flows from financing activities:      
Purchase of treasury stock (38,735) (31,669) (67,113)
Repurchase of common stock 0 144,263 0
Dividends paid (65,768) (20,599) (21,153)
Borrowings under long-term debt agreement 0 124,400 0
Principal repayments 0 (20,000) 0
Proceeds from the exercise of stock options 0 598 374
Income tax benefit from stock-based compensation 0 0 2,216
Other 1,554 1,373 1,303
Net cash used in financing activities (102,949) (90,160) (84,373)
Net increase (decrease) in cash and cash equivalents 68,226 16,496 (6,918)
Cash and cash equivalents at beginning of year 286,034 269,538 276,456
Cash and cash equivalents at end of year 354,260 286,034 269,538
Supplemental disclosures of cash flow information:      
Income taxes, net 40,872 44,148 39,806
Interest expense $ 3,213 $ 2,396 $ 459