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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net income $ 76,289 $ 49,991
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,691 5,213
Stock-based compensation 6,040 3,135
Deferred income taxes 8,671 7,116
Changes in operating assets and liabilities:    
Accounts receivable (20,674) (2,567)
Prepaid insurance (16,517) (24,897)
Other current assets (8,893) (1,402)
Other assets (809) (1,952)
Accounts payable (2,768) (930)
Payroll taxes and other payroll deductions payable 46,896 (26,674)
Accrued worksite employee payroll expense 33,883 14,072
Accrued health insurance costs 10,679 20,720
Accrued workers’ compensation costs 1,367 6,094
Accrued corporate payroll, commissions and other accrued liabilities (23,656) (24,854)
Income taxes payable/receivable 498 7,129
Total adjustments 41,408 (19,797)
Net cash provided by operating activities 117,697 30,194
Marketable securities:    
Purchases (35,538) (512)
Proceeds from dispositions 5,499 0
Proceeds from maturities 37,360 525
Property and equipment:    
Purchases (5,608) (6,585)
Net cash provided by (used in) investing activities 1,713 (6,572)
Cash flows from financing activities:    
Purchase of treasury stock (29,037) (8,565)
Dividends paid 12,386 8,402
Other 1,085 351
Net cash used in financing activities (40,338) (16,616)
Net decrease in cash, cash equivalents and restricted cash 79,072 7,006
Cash, cash equivalents and restricted cash beginning of period 535,474 549,612
Cash, cash equivalents and restricted cash end of period 614,546 556,618
Supplemental Cash Flow Information [Abstract]    
Cash and cash equivalents 398,936 354,641
Restricted cash 44,705 41,137
Deposits workers compensation 170,905 160,840
ROU assets obtained in exchange for lease obligations $ 3,140 $ 0