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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 62,991 $ 78,210
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,428 18,492
Non-cash interest expense and other 1,134 1,277
Write-off of fees on the prior credit facilities 0 574
Change in fair value of contingent consideration (2,158) 19
Increase in allowances for doubtful accounts and sales credits 4,978 4,809
Provision for deferred income taxes (10,328) (7,173)
Share-based compensation 8,888 6,145
Loss on disposal or sale of fixed assets 39 39
Amortization of discount on investments (229) (62)
Non-cash lease expense (106)  
Changes in assets and liabilities, net of effects from acquisitions:    
Accounts receivable 12,427 13,830
Accounts receivable, subcontractor 84 6,355
Income taxes receivable (1,673) 13,986
Prepaid expenses (1,523) (2,012)
Other current assets 583 (613)
Other assets (8,763) 556
Accounts payable and accrued expenses (29,471) (8,954)
Accrued compensation and benefits 11,774 5,468
Other liabilities (5,852) (6,588)
Deferred revenue (2,025) 1,573
Restricted investments balance 93 7
Net cash provided by operating activities 65,291 125,938
Cash flows from investing activities:    
Purchase and development of fixed assets (15,532) (16,457)
Purchase of investments (13,281) (6,742)
Proceeds from maturity of investments 22,670 8,200
Payments to fund deferred compensation plan (5,279) (4,724)
Cash paid for acquisitions, net of cash received (228,149) (218,047)
Cash paid for other intangibles (1,120) (1,180)
Net cash used in investing activities (240,691) (238,950)
Cash flows from financing activities:    
Proceeds from term loans 150,000 0
Payments on revolving credit facility (25,000) (40,000)
Proceeds from revolving credit facility 101,000 195,000
Repurchase of common stock (18,705) (20,891)
Payment of financing costs (777) (2,331)
Earn-out payments for prior acquisitions (5,700) (1,713)
Cash paid for shares withheld for taxes (11,533) (11,408)
Net cash provided by financing activities 189,285 118,657
Effect of exchange rate changes on cash (190) 72
Net increase in cash, cash equivalents and restricted cash 13,695 5,717
Cash, cash equivalents and restricted cash at the beginning of period 84,324 98,894
Cash, cash equivalents and restricted cash at the end of period 98,019 104,611
Supplemental disclosures of cash flow information:    
Cash paid for amounts included in the measurement of operating lease liabilities 8,694  
Cash paid for interest (net of $230 and $193 capitalized for the six months ended June 30, 2019 and 2018, respectively) 11,714 10,167
Cash paid for income taxes 27,369 14,405
Acquisitions:    
Fair value of tangible assets acquired in acquisitions, net of cash and restricted cash received 27,674 23,577
Goodwill 149,941 98,538
Intangible assets 96,180 122,110
Liabilities assumed (33,524) (16,078)
Earn-out liabilities (12,122) (10,100)
Supplemental disclosures of non-cash investing and financing activities:    
Purchase of fixed assets recorded in accounts payable and accrued expenses $ 2,352 $ 1,800