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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 133,793 $ 115,911 $ 77,967
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 19,056 12,776 8,351
Amortization of intangible assets 28,176 5,030 5,291
Share-based compensation expense 2,400 3,644 3,932
Equity in losses of and impairment loss on investment in affiliate 176 1,741 530
Bad debt expense 2,549 3,049 967
Amortization of debt discount 223 27  
Amortization of debt issuance costs 958 57  
Deferred income taxes 2,015 2,992 (381)
Loss on sale or disposal of fixed assets 1,309 445  
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (5,602) (39,999) 812
Prepaid expenses and other current assets (2,817) (2,616) 747
Other assets (1,586) 2,172 (4,892)
Accounts payable and accrued expenses 7,381 11,652 14,760
Other current and non-current liabilities (2,557) (352) 3,527
Net cash flows provided by operating activities 185,474 116,529 111,611
Cash flows from investing activities:      
Additions to premises and equipment (34,134) (35,563) (16,442)
Acquisition of businesses, net of cash acquired (267,946)   (2,515)
Investment in equity affiliate (50)   (15,000)
Proceeds from sale of equity affiliate 12,648    
Proceeds from loan to Ocwen 75,000    
Loan to Ocwen   (75,000)  
Change in restricted cash (1,462)   887
Net cash flows used in investing activities (215,944) (110,563) (33,070)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 200,502 198,000  
Repayment of long-term debt (3,496)    
Distribution of cash in connection with the Separation of the Residential Asset Businesses   (105,000)  
Debt issuance costs (3,200) (4,317)  
Principal payments on capital lease obligations (233) (603) (696)
Proceeds from stock option exercises 6,885 3,214 1,024
Purchases of treasury stock (141,018) (16,781) (62,151)
Contributions from non-controlling interests 28 43 49
Distributions to non-controlling interests (4,176) (7,145) (6,776)
Net cash flows provided by (used in) financing activities 55,292 67,411 (68,550)
Net increase in cash and cash equivalents 24,822 73,377 9,991
Cash and cash equivalents at the beginning of the period 105,502 32,125 22,134
Cash and cash equivalents at the end of the period 130,324 105,502 32,125
Supplemental cash flow information:      
Interest paid 19,325 1,134 83
Income taxes paid (refunded), net 3,671 4,912 (1,956)
Non-cash investing and financing activities:      
Amortization of tax-deductible goodwill   3,334 3,367
Premises and equipment purchased on account $ 4,552 $ 2,457