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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income $ 192,605 $ 164,242
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangible assets 35,535 35,107
Stock-based compensation expense 23,591 20,552
Depreciation and amortization of property, equipment and leasehold improvements 24,873 23,321
Amortization of debt origination fees 2,219 1,427
Deferred taxes (7,638) (6,095)
Excess tax benefits from share-based compensation (6,480) (13,706)
Gain on disposition (449)  
Other non-cash adjustments 1,124 (2,284)
Changes in assets and liabilities, net of the effect of acquisitions and dispositions:    
Accounts receivable (31,021) (30,482)
Prepaid income taxes 32,002 8,814
Prepaid and other assets (981) (306)
Accounts payable (1,263) (1,012)
Accrued compensation and related benefits (11,177) (15,169)
Other accrued liabilities 12,365 19,846
Deferred revenue 27,337 17,985
Other 4,388 2,432
Net cash provided by operating activities 297,030 224,672
Cash flows from investing activities    
Disposition, net of cash divested 657  
Proceeds from the sale of capital equipment   55
Capital expenditures (24,144) (24,525)
Capitalized software development costs (7,949) (6,062)
Acquisitions, net of cash acquired (60)  
Net cash used in investing activities (31,496) (30,532)
Cash flows from financing activities    
Proceeds from borrowing 500,000 800,000
Excess tax benefits from share-based compensation 6,480 13,706
Proceeds from exercise of stock options 4,221 2,433
Repurchase of treasury shares (498,863) (444,640)
Payment of dividends (69,933) (64,989)
Payment of debt issuance costs in connection with debt (7,183) (10,477)
Net cash (used in) provided by financing activities (65,278) 296,033
Effect of exchange rate changes (3,900) (5,484)
Net increase in cash 196,356 484,689
Cash and cash equivalent, beginning of period 777,706 508,799
Cash and cash equivalent, end of period 974,062 993,488
Supplemental disclosure of cash flow information:    
Cash paid for interest 67,888 20,922
Cash paid for income taxes 69,471 92,461
Supplemental disclosure of non-cash investing activities    
Property, equipment and leasehold improvements in other accrued liabilities 5,093 7,619
Supplemental disclosure of non-cash financing activities    
Cash dividends declared, but not yet paid $ 610 $ 73