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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 22,152 $ 19,094
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation 7,545 6,926
Amortization 15,175 16,924
Amortization of original issue discount 3,063 2,834
Loss on short-term investments and other 122 735
Gain on disposition of business operations   (222)
Deferred income taxes (3,758) 766
Excess tax benefit of stock-based compensation awards (1,809) (1,984)
Stock-based employee compensation 10,473 7,714
Changes in operating assets and liabilities, net of acquired amounts:    
Trade accounts receivable, net 5,398 (13,457)
Other current and non-current assets (3,452) (8,987)
Income taxes payable/receivable (24) (2,512)
Trade accounts payable and accrued liabilities (5,635) (12,353)
Deferred revenue 9,262 791
Net cash provided by operating activities 58,512 16,269
Cash flows from investing activities:    
Purchases of property and equipment (11,425) (11,196)
Purchases of short-term investments (73,917) (85,014)
Proceeds from sale/maturity of short-term investments 94,794 109,138
Acquisition of and investments in client contracts (4,526) (3,296)
Proceeds from the disposition of business operations   630
Net cash used in investing activities 4,926 10,262
Cash flows from financing activities:    
Proceeds from issuance of common stock 740 661
Payment of cash dividends (11,238) (10,322)
Repurchase of common stock (62,861) (6,584)
Payments on acquired asset financing (829) (1,097)
Proceeds from long-term debt 150,000  
Payments on long-term debt (123,750) (7,500)
Payments of deferred financing costs (2,692)  
Excess tax benefit of stock-based compensation awards 1,809 1,984
Net cash used in financing activities (48,821) (22,858)
Effect of exchange rate fluctuations on cash (1,384) (237)
Net increase in cash and cash equivalents 13,233 3,436
Cash and cash equivalents, beginning of period 81,712 82,686
Cash and cash equivalents, end of period 94,945 86,122
Cash paid during the period for-    
Interest 4,343 4,211
Income taxes $ 20,761 $ 17,075