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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 10,005 $ 13,047
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,056 4,775
Amortization of intangible assets 770 582
Net losses from investments 62 997
Deferred income taxes (1,305) (921)
Stock-based compensation 6,191 6,423
Amortization of premium (discount) on investments (17) 171
Foreign currency losses 462 444
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 31,857 20,140
Deferred commissions 3,716 2,906
Prepaid expenses and other current assets (68) (979)
Accounts payable 19 (1,208)
Accrued expenses and other liabilities (12,111) (6,041)
Deferred revenue (8,205) (3,473)
Net cash provided by operating activities 37,432 36,863
Cash flows from investing activities:    
Acquisitions, net of cash acquired (9,250)  
Purchases of property and equipment (3,161) (5,806)
Purchases of marketable investments (31,831) (27,430)
Proceeds from sales and maturities of marketable investments 33,802 34,458
Other investing activity   200
Net cash provided by (used in) investing activities (10,440) 1,422
Cash flows from financing activities:    
Dividends paid on common stock (10,839) (10,205)
Repurchases of common stock (9,946) (39,967)
Proceeds from issuance of common stock under employee equity incentive plans 11,217 13,866
Taxes paid related to net share settlements of stock-based compensation awards (2,509) (2,511)
Net cash used in financing activities (12,077) (38,817)
Effect of exchange rate changes on cash and cash equivalents (2,648) 3,534
Net increase in cash and cash equivalents 12,267 3,002
Cash and cash equivalents, beginning of period 79,790 76,958
Cash and cash equivalents, end of period 92,057 79,960
Supplemental disclosure of cash flow information:    
Cash paid for income taxes $ 3,263 $ 7,662