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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net income $ 5,406 $ 4,066
Adjustments to reconcile net income to net cash used in operations:    
Depreciation 1,192 1,081
Amortization 3,365 3,801
Deferred income taxes 651 (450)
Non-cash stock compensation and retirement savings plan contributions 3,523 3,348
Tax benefit from stock option exercises and restricted stock vesting 0 (418)
Adjustment to fair value of contingent consideration 238 85
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 3,727 19,815
Other assets 1,044 (213)
Accounts payable (6,057) (11,129)
Other liabilities (8,653) (11,620)
Net cash provided by operating activities 4,436 8,366
INVESTING ACTIVITIES    
Purchase of property and equipment (1,044) (530)
Capitalization of internally developed software costs (662) (335)
Purchase of business, net of cash acquired (277) (22,340)
Net cash used in investing activities (1,983) (23,205)
FINANCING ACTIVITIES    
Proceeds from line of credit 59,000 84,000
Payments on line of credit (59,000) (70,500)
Payment of credit facility financing fees 0 (193)
Tax benefit on stock option exercises and restricted stock vesting 0 418
Proceeds from the exercise of stock options and sales of stock through the Employee Stock Purchase Plan 53 169
Purchases of treasury stock 0 (1,367)
Remittance of taxes withheld as part of a net share settlement of restricted stock vesting (2,351) (2,310)
Net cash (used in) provided by financing activities (2,298) 10,217
Effect of exchange rate on cash and cash equivalents 50 40
Change in cash and cash equivalents 205 (4,582)
Cash and cash equivalents at beginning of period 8,811 10,935
Cash and cash equivalents at end of period 9,016 6,353
Supplemental disclosures:    
Cash paid for income taxes 593 514
Cash paid for interest 373 202
Non-cash activity:    
Stock issued for purchase of businesses 0 11,412
Estimated fair value of contingent consideration for purchase of business $ 0 $ 2,240