XML 68 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income (loss) $ 13,041 $ (12,511)
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from sale of discontinued operations (Note 4) 0 2,824
U.S. Government inquiry settlement (Note 17) 0 33,000
Depreciation and amortization 8,862 7,764
Amortization of deferred financing fees and debt discount 205 206
Deferred income taxes 17 (121)
Provision for doubtful accounts 3,405 2,973
Share-based compensation 1,179 991
Excess tax benefit from share-based compensation (688) (497)
Loss (gain) on disposition of property and equipment (1) 1,143
Change in operating assets and liabilities    
Accounts receivable (12,604) (7,071)
Prepaid income taxes 7,250 (4,613)
Prepaid expenses and other current assets 215 25
Insurance subsidiary deposits and investments 150 196
Accounts payable 2,829 (4,860)
Accrued wages and related liabilities 651 (1,905)
Other accrued liabilities (1,432) 2,655
Accrued self-insurance (1,633) 1,681
Deferred rent liability (14) (198)
Net cash provided by operating activities 21,432 21,682
Cash flows from investing activities:    
Purchase of property and equipment (16,424) (5,216)
Cash payment for business acquisitions (9,148) (10,646)
Escrow deposits (3,252) (7,843)
Escrow deposits used to fund business acquisitions 1,000 4,635
Cash proceeds from the sale of property and equipment 1 102
Restricted and other assets (262) (177)
Net cash used in investing activities (28,085) (19,145)
Cash flows from financing activities:    
Payments on long term debt (1,849) (1,793)
Issuance of treasury stock upon exercise of options 94 34
Issuance of common stock upon exercise of options 998 1,294
Dividends paid (1,564) 0
Excess tax benefit from share-based compensation 688 497
Payments of deferred financing costs 0 (718)
Net cash used in financing activities (1,633) (686)
Net (decrease) increase in cash and cash equivalents (8,286) 1,851
Cash and cash equivalents beginning of period 65,755 40,685
Cash and cash equivalents end of period 57,469 42,536
Cash paid during the period for:    
Interest 3,369 3,094
Income taxes 158 160
Non-cash financing and investing activity:    
Accrued capital expenditures $ 1,793 $ 1,997