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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 41,978,523 $ 39,058,219 $ 32,038,091
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation & amortization 8,385,413 9,177,018 8,333,089
Provision for losses on accounts receivable (Note 2) 289,666 414,042 5,229,277
Stock-based compensation expense 6,440,841 6,103,898 4,025,960
Deferred income taxes (3,814,774) (2,461,240) (1,069,988)
Loss on disposal of property and equipment 98,181 174,497 51,301
Changes in operating assets and liabilities:      
(Increase) in trade accounts receivable, net (23,184,345) (5,063,238) (2,786,606)
(Increase) decrease in prepaid expenses & other current assets 814,581 1,631,159 (927,644)
(Increase) decrease in other assets 19,567 (156,083) (37,203)
Increase (decrease) in accounts payable 19,730,242 2,326,103 (4,502,022)
(Decrease) in accrued expenses (603,735) (3,450,041) (586,798)
Increase (decrease) in other current liabilities (305,277) 2,627,655 222,786
Increase in other long-term liabilities 909,355 900,344 863,096
Net cash provided by operating activities 50,758,238 51,282,333 40,853,339
Cash flows from investing activities:      
Purchases of property and equipment (4,453,495) (5,380,800) (6,717,034)
Proceeds from sale of property and equipment 3,600 400 16,153
Capitalized internal use software development costs (991,543) (1,478,623) (1,489,286)
Net cash used in investing activities (5,441,438) (6,859,023) (8,190,167)
Cash flows from financing activities:      
Cash dividends on common stock   (32,977,016)  
Cash restricted for payment of dividend (36,455,955)   (22,982,447)
Proceeds from employee common stock purchases 1,131,389 1,106,777 904,471
Tax deductions related to stock-based compensation 412,617 1,184,860 1,302,005
Net cash used in financing activities (34,911,949) (30,685,379) (20,775,971)
Net increase in cash and cash equivalents 10,404,851 13,737,931 11,887,201
Cash and cash equivalents, beginning of period 87,983,398 74,245,467 62,358,266
Cash and cash equivalents, end of period 98,388,249 87,983,398 74,245,467
Non-cash investing activities:      
Capital expenditures accrued but not yet paid 678 102,088 185,001
Cash payments:      
Income taxes paid $ 27,222,391 25,059,316 $ 15,939,214
Cash dividends on common stock previously restricted for payment of dividend   $ 22,982,447