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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 66,130 $ 61,364 $ 62,882
Adjustments to reconcile net income to net cash provided by operating activities-      
Depreciation 18,304 13,380 13,616
Amortization 44,328 29,501 27,626
Amortization of original issue discount 2,664 2,790 4,866
Asset impairment 1,851 3,135  
Gain on short-term investments and other (101) (184) (83)
Loss on extinguishment of debt 810   8,651
Gain on disposition of business operations     (6,611)
Deferred income taxes 4,913 7,112 (2,811)
Excess tax benefit of stock-based compensation awards     (4,729)
Stock-based compensation 19,358 21,049 22,715
Changes in operating assets and liabilities, net of acquired amounts:      
Trade accounts receivable, net (138) (6,421) (23,243)
Other current and non-current assets and liabilities (23,179) 2,875 255
Income taxes payable/receivable 5,055 (2,729) (14,167)
Trade accounts payable and accrued liabilities (7,146) (4,377) (5,738)
Deferred revenue 10,492 (300) 957
Net cash provided by operating activities 143,341 127,195 84,186
Cash flows from investing activities:      
Purchases of software, property and equipment (57,104) (28,942) (14,263)
Purchases of short-term investments (75,022) (182,247) (196,967)
Proceeds from sale/maturity of short-term investments 190,778 193,465 157,825
Acquisition of and investments in business, net of cash acquired (144,791)    
Acquisition of and investments in client contracts   (12,180) (7,587)
Proceeds from the disposition of business operations     8,850
Net cash used in investing activities (86,139) (29,904) (52,142)
Cash flows from financing activities:      
Proceeds from issuance of common stock 2,311 1,776 1,547
Payment of cash dividends (27,979) (26,850) (24,110)
Repurchase of common stock (34,726) (30,649) (25,196)
Proceeds from long-term debt 150,000   230,000
Payments on long-term debt (125,625) (15,000) (7,500)
Repurchase of convertible notes     (215,676)
Excess tax benefit of stock-based compensation awards     4,729
Settlement of convertible notes   (34,771)  
Payments of deferred financing costs (1,490)   (6,744)
Net cash used in financing activities (37,509) (105,494) (42,950)
Effect of exchange rate fluctuations on cash (2,659) 4,095 4,626
Net increase (decrease) in cash and cash equivalents 17,034 (4,108) (6,280)
Cash and cash equivalents, beginning of period 122,243 126,351 132,631
Cash and cash equivalents, end of period 139,277 122,243 126,351
Cash paid during the period for-      
Interest 15,857 14,729 12,191
Income taxes $ 10,426 $ 22,144 $ 53,020