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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 7,987 $ 10,525
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,912 7,920
Deferred income taxes 4,922 6,370
Amortization of debt issue costs 384 393
Amortization of syndication contracts 190 171
Payments on syndication contracts (183) (246)
Non-cash stock-based compensation 1,890 1,807
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable 5,583 11,418
(Increase) decrease in prepaid expenses and other assets (383) (283)
Increase (decrease) in accounts payable, accrued expenses and other liabilities (3,876) (4,204)
Net cash provided by operating activities 24,426 33,871
Cash flows from investing activities:    
Purchases of short-term investments (30,000)  
Purchases of property and equipment and intangibles (4,745) (8,583)
Net cash used in investing activities (34,745) (8,583)
Cash flows from financing activities:    
Proceeds from stock option exercises 1,270 1,581
Payments on long-term debt (1,875) (1,875)
Dividends paid (5,569) (4,388)
Payment of contingent consideration   (1,000)
Net cash used in financing activities (6,174) (5,682)
Net increase (decrease) in cash and cash equivalents (16,493) 19,606
Cash and cash equivalents:    
Beginning 47,924 31,260
Ending 31,431 50,866
Cash payments for:    
Interest 7,341 6,090
Income taxes $ 464 $ 653