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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 60,595 $ 56,473
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,306 5,200
Amortization of intangible assets 10,237 2,632
Share-based compensation expense 1,519 892
Equity in losses of affiliate 122 579
Bad debt expense 452 852
Amortization of debt discount 152  
Amortization of debt issuance costs 451  
Loss on sale or disposal of fixed assets 926 366
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (10,813) (19,168)
Prepaid expenses and other current assets (3,009) (743)
Other assets (1,440) 876
Accounts payable and accrued expenses 917 5,873
Other current and non-current liabilities (1,947) 217
Net cash provided by operating activities 67,468 54,049
Cash flows from investing activities:    
Additions to premises and equipment (13,397) (21,128)
Acquisition of business, net of cash acquired (215,700)  
Investment in equity affiliate (50)  
Proceeds from sale of equity affiliate 12,648  
Proceeds from loan to Ocwen 75,000  
Net cash used in investing activities (141,499) (21,128)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 201,000  
Repayment of long-term debt (1,500)  
Debt issuance costs (2,400)  
Principal payments on capital lease obligations (233) (318)
Proceeds from stock option exercises 2,914 2,018
Purchase of treasury stock (51,573) (16,781)
Contributions from non-controlling interests 15 24
Distributions to non-controlling interests (1,889) (4,830)
Net cash provided by (used in) financing activities 146,334 (19,887)
Increase in cash and cash equivalents 72,303 13,034
Cash and cash equivalents at the beginning of the period 105,502 32,125
Cash and cash equivalents at the end of the period 177,805 45,159
Supplemental cash flow information    
Interest paid 7,562 28
Income taxes paid, net 1,165 1,255
Non-cash investing and financing activities    
Amortization of tax-deductible goodwill   1,684
Premises and equipment purchased on account $ 891