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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income $ 45,446 $ 60,189
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation 17,016 15,919
Amortization 32,998 34,579
Amortization of original issue discount 2,221 2,099
Asset impairment 10,438 365
Gain on short-term investments and other (120) (285)
Deferred income taxes 3,844 6,124
Stock-based compensation 14,088 13,295
Changes in operating assets and liabilities, net of acquired amounts:    
Trade accounts receivable, net 13,322 (8,748)
Other current and non-current assets and liabilities (9,228) (15,312)
Income taxes payable/receivable 1,542 3,468
Trade accounts payable and accrued liabilities (24,618) (7,978)
Deferred revenue 8,736 3,812
Net cash provided by operating activities 115,685 107,527
Cash flows from investing activities:    
Purchases of software, property and equipment (24,201) (27,706)
Purchases of short-term investments (49,100) (25,446)
Proceeds from sale/maturity of short-term investments 37,743 38,029
Acquisition of and investments in business, net of cash acquired (11,491) (17,194)
Net cash used in investing activities (47,049) (32,317)
Cash flows from financing activities:    
Proceeds from issuance of common stock 1,838 1,630
Payment of cash dividends (23,441) (21,980)
Repurchase of common stock (19,926) (25,683)
Payments on long-term debt (7,500) (5,625)
Net cash used in financing activities (49,029) (51,658)
Effect of exchange rate fluctuations on cash (1,666) (2,199)
Net increase in cash and cash equivalents 17,941 21,353
Cash and cash equivalents, beginning of period 156,548 139,277
Cash and cash equivalents, end of period 174,489 160,630
Cash paid during the period for-    
Interest 12,941 14,521
Income taxes $ 14,756 $ 11,779