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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 20,237 $ 21,504
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation 3,315 3,516
Amortization 7,471 6,415
Amortization of original issue discount 888 1,658
(Gain) loss on short-term investments and other (57) 11
Loss on repurchase of convertible notes   3,211
Gain on disposition of business operations   (6,614)
Deferred income taxes 5,971 3,923
Excess tax benefit of stock-based compensation awards   (3,375)
Stock-based compensation 5,670 6,506
Changes in operating assets and liabilities, net of acquired amounts:    
Trade accounts receivable, net 5,650 35
Other current and non-current assets 2,793 1,597
Income taxes payable/receivable (5,692) 992
Trade accounts payable and accrued liabilities (21,943) (32,490)
Deferred revenue 5,661 3,785
Net cash provided by operating activities 29,964 10,674
Cash flows from investing activities:    
Purchases of property and equipment (9,557) (5,262)
Purchases of short-term investments (17,983) (14,100)
Proceeds from sale/maturity of short-term investments 37,782 30,067
Acquisition of and investments in client contracts (4,363) (1,520)
Proceeds from the disposition of business operations   8,850
Net cash provided by investing activities 5,879 18,035
Cash flows from financing activities:    
Proceeds from issuance of common stock 385 356
Payment of cash dividends (7,033) (6,529)
Repurchase of common stock (11,224) (18,990)
Proceeds from long-term debt   230,000
Payments on long-term debt (3,750) (1,875)
Repurchase of convertible notes   (72,619)
Settlement of convertible notes (34,771)  
Payments of deferred financing costs   (6,655)
Excess tax benefit of stock-based compensation awards   3,375
Net cash provided by (used in) financing activities (56,393) 127,063
Effect of exchange rate fluctuations on cash 1,621 1,330
Net increase (decrease) in cash and cash equivalents (18,929) 157,102
Cash and cash equivalents, beginning of period 126,351 132,631
Cash and cash equivalents, end of period 107,422 289,733
Cash paid during the period for-    
Interest 6,539 3,339
Income taxes $ 1,835 $ 6,680