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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 20,244 $ 20,405
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation & amortization 4,596 4,527
Stock-based compensation expense 3,796 2,414
Deferred income taxes (2,755) (1,494)
Loss on disposal of property and equipment 29 128
Changes in operating assets and liabilities:    
(Increase) in trade accounts receivable, net (19,008) (8,393)
Decrease in prepaid expenses & other current assets 1,862 2,370
(Increase) decrease in other assets 8 (42)
Increase in accounts payable 14,047 6,705
(Decrease) in accrued expenses (1,993) (4,416)
Increase (decrease) in other current liabilities (633) 102
Increase in other long-term liabilities 615 413
Net cash provided by operating activities 20,808 22,719
Cash flows from investing activities:    
Purchases of property and equipment (2,204) (2,653)
Capitalized internal use software development costs (539) (657)
Net cash used in investing activities (2,743) (3,310)
Cash flows from financing activities:    
Proceeds from employee common stock purchases 1,131 1,107
Tax deductions related to stock-based compensation 232 897
Net cash provided by financing activities 1,363 2,004
Net increase in cash 19,428 21,413
Cash, beginning of period 87,983 74,245
Cash, end of period 107,411 95,658
Non-cash investing activities:    
Capital expenditures accrued but not yet paid 130 50
Cash payments:    
Income taxes paid $ 13,073 13,837
Cash dividends on common stock previously restricted for payment of dividend   $ 22,982