XML 67 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Net income $ 73,923 $ 78,275 $ 53,538
Adjustment to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 41,166 44,889 50,218
Amortization of contract acquisition costs 1,017 1,680 5,267
Amortization of debt issuance costs 808 589 672
Imputed interest expense 904 544 132
Provision for doubtful accounts 368 363 600
Loss (gain) on disposal of assets 305 (415) (617)
Impairment losses 2,958 230 1,958
Deferred income taxes 2,354 1,658 (3,030)
Excess tax benefit from equity-based awards (462) (6,491) (1,783)
Equity-based compensation expense 13,376 15,856 13,372
(Gain) loss on foreign currency derivatives 414 1,073 (128)
Gain on Newgen legal settlement, net of tax 0 0 (3,542)
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable 400 (5,789) (87)
Prepaids and other assets (25,664) 3,578 17,664
Accounts payable and accrued expenses (16,301) (16,502) 19,683
Deferred revenue and other liabilities 11,354 (5,739) (19,462)
Net cash provided by operating activities 106,920 113,799 134,455
Cash flows from investing activities      
Proceeds from sale of long-lived assets 450 2,034 0
Proceeds from grant for property, plant and equipment 110 357 0
Purchases of property, plant and equipment (40,653) (38,667) (26,800)
Payment of contract acquisition costs 0 1,758 0
Investment in deconsolidated subsidiary 0 0 (3,600)
Deposit on pending acquisition 0 3,026 0
Acquisitions, net of cash acquired of $3,741, $14 and $2,202, respectively (40,839) (45,871) (12,798)
Net cash used in investing activities (80,932) (86,931) (43,198)
Cash flows from financing activities      
Proceeds from line of credit 1,179,850 678,200 1,257,100
Payments on line of credit (1,135,850) (614,200) (1,257,100)
Proceeds from other debt 8,014 0 0
Payments on other debt (4,900) (2,099) (3,749)
Dividends distributed to noncontrolling interest (2,205) (3,548) (4,140)
Proceeds from exercise of stock options 1,374 14,762 2,792
Excess tax benefit from equity-based awards 462 6,491 1,783
Purchase of treasury stock (81,243) (63,693) (80,295)
Payments of debt issuance costs (467) (22) (2,288)
Net cash provided by (used in) financing activities (34,965) 15,891 (85,897)
Effect of exchange rate changes on cash and cash equivalents 17,091 (5,773) 4,601
Increase in cash and cash equivalents 8,114 36,986 9,961
Cash and cash equivalents, beginning of period 156,371 119,385 109,424
Cash and cash equivalents, end of period 164,485 156,371 119,385
Supplemental disclosures      
Cash paid for interest 4,412 4,013 2,217
Cash paid for income taxes 16,388 24,336 15,593
Non-cash investing and financing activities      
Purchases of equipment through financing arrangements 6,100 0 186
Landlord incentives credited to deferred rent 1,723 0 810
Grant income credited to property, plant and equipment 0 110 0
Recognition of asset retirement obligations $ 0 $ 278 $ 406