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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 46,424 $ 40,745
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 3,365 4,180
Provision for doubtful debts / advances 107 564
Realized gains on sales of short term investments (1,544) (603)
Deferred income taxes (1,413) (715)
Compensation expense related to restricted stock 1,011 856
Changes in assets and liabilities:    
Accounts receivable and revenue earned in excess of billings (12,385) (9,737)
Other Current assets (12,022) (13,084)
Accrued payroll and other liabilities (558) (4,713)
Deferred revenue (2,110) (3,976)
Net cash provided by operating activities 20,875 13,517
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property and equipment expenditures (5,189) (4,820)
Proceeds from sale of property and equipment 31 331
Purchase of mutual funds (50,858) (57,675)
Purchase of term deposits with banks (106,207) (76,414)
Proceeds from sales of mutual funds 82,445 58,067
Maturities of term deposits with banks 97,204 50,433
Net cash provided by (used in) investing activities 17,426 (30,078)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid 0 (2,494)
Net cash used in financing activities 0 (2,494)
Effect of foreign currency exchange rate changes on cash (1,727) (1,724)
Change in cash and cash equivalents 36,574 (20,779)
Cash and cash equivalents, beginning of period 94,622 104,628
Cash and cash equivalents, end of period 131,196 83,849
Non cash investing and financing activities:    
Cash dividends declared but unpaid 0 2,494
Cash paid for income taxes 12,299 7,977
Cash paid for interest $ 218 $ 0