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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 31,818 $ 32,341
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation 6,631 7,025
Amortization 14,418 13,040
Amortization of original issue discount 1,513 2,794
Asset impairment 2,147  
(Gain) loss on short-term investments and other (37) 3
Loss on repurchase of convertible notes   8,319
Gain on disposition of business operations   (6,611)
Deferred income taxes 1,725 78
Excess tax benefit of stock-based compensation awards   (3,440)
Stock-based compensation 11,644 12,086
Changes in operating assets and liabilities:    
Trade accounts receivable, net 7,796 5,705
Other current and non-current assets (4,787) (1,866)
Income taxes payable/receivable (1,402) (7,971)
Trade accounts payable and accrued liabilities (19,266) (18,758)
Deferred revenue 12,288 8,020
Net cash provided by operating activities 64,488 50,765
Cash flows from investing activities:    
Purchases of property and equipment (18,738) (8,863)
Purchases of short-term investments (73,831) (102,110)
Proceeds from sale/maturity of short-term investments 104,291 61,833
Acquisition of and investments in client contracts (7,526) (4,461)
Proceeds from the disposition of business operations   8,850
Net cash provided by (used in) investing activities 4,196 (44,751)
Cash flows from financing activities:    
Proceeds from issuance of common stock 846 715
Payment of cash dividends (13,713) (12,265)
Repurchase of common stock (16,482) (19,494)
Proceeds from long-term debt   230,000
Payments on long-term debt (7,500) (3,750)
Repurchase of convertible notes   (198,367)
Settlement of convertible notes (34,771)  
Payments of deferred financing costs   (6,744)
Excess tax benefit of stock-based compensation awards   3,440
Net cash used in financing activities (71,620) (6,465)
Effect of exchange rate fluctuations on cash 1,696 2,937
Net increase (decrease) in cash and cash equivalents (1,240) 2,486
Cash and cash equivalents, beginning of period 126,351 132,631
Cash and cash equivalents, end of period 125,111 135,117
Cash paid during the period for-    
Interest 7,629 4,619
Income taxes $ 10,490 $ 25,923