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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 28,527 $ 27,121
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,724 2,279
Amortization of intangible assets 1,200 1,340
Share-based compensation expense 1,424 (184)
Equity in losses of affiliate 176 324
Bad debt expense 224 649
Amortization of debt discount 95  
Amortization of debt issuance costs 215  
Loss on sale or disposal of fixed assets   394
Changes in operating assets and liabilities:    
Accounts receivable (12,968) (10,956)
Prepaid expenses and other current assets (1,147) (377)
Other assets (1,741) 684
Accounts payable and accrued expenses (7,805) 2,930
Other current and non-current liabilities (3,368) 3,568
Net cash provided by operating activities 9,556 27,772
Cash flows from investing activities:    
Additions to premises and equipment (6,960) (16,154)
Acquisition of business, net of cash acquired (82,450)  
Investment in equity affiliate (50)  
Repayment of loan to Ocwen 75,000  
Net cash used in investing activities (14,460) (16,154)
Cash flows from financing activities:    
Repayment of long-term debt (500)  
Principal payments on capital lease obligations (176) (201)
Proceeds from stock option exercises 456 1,977
Purchase of treasury stock (21,997) (16,781)
Contributions from non-controlling interests 12 11
Distributions to non-controlling interests (1,090) (2,083)
Net cash used in financing activities (23,295) (17,077)
Decrease in cash and cash equivalents (28,199) (5,459)
Cash and cash equivalents at the beginning of the period 105,502 32,125
Cash and cash equivalents at the end of the period 77,303 26,666
Supplemental cash flow information    
Interest paid 2,799 15
Income taxes paid, net 402 694
Non-cash investing and financing activities    
Amortization of tax-deductible goodwill   842
Premises and equipment purchased on account $ 700