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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 94,878 $ 60,595
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,375 9,306
Amortization of intangible assets 19,573 10,237
Change in the fair value of Equator Earn Out (37,924)  
Goodwill impairment 37,473  
Share-based compensation expense 1,130 1,519
Equity in losses of investment in affiliate   122
Bad debt expense 4,250 452
Amortization of debt discount 90 152
Amortization of debt issuance costs 483 451
Deferred income taxes 462  
Loss on disposal of fixed assets 98 926
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (24,510) (10,813)
Prepaid expenses and other current assets (5,131) (3,009)
Other assets (2,089) (1,440)
Accounts payable and accrued expenses 21,319 917
Other current and non-current liabilities (11,950) (1,947)
Net cash provided by operating activities 111,527 67,468
Cash flows from investing activities:    
Additions to premises and equipment (30,522) (13,397)
Acquisition of businesses, net of cash acquired   (215,700)
Proceeds from loan to Ocwen   75,000
Proceeds from sale of equity affiliate   12,648
Other investing activities (294) (50)
Net cash used in investing activities (30,816) (141,499)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt   201,000
Repayment of long-term debt and payments on capital lease obligations (1,986) (1,733)
Debt issuance costs   (2,400)
Proceeds from stock option exercises 639 2,914
Purchase of treasury stock (80,702) (51,573)
Contributions from non-controlling interests   15
Distributions to non-controlling interests (1,207) (1,889)
Net cash (used in) provided by financing activities (83,256) 146,334
Net (decrease) increase in cash and cash equivalents (2,545) 72,303
Cash and cash equivalents at the beginning of the period 130,429 105,502
Cash and cash equivalents at the end of the period 127,884 177,805
Supplemental cash flow information:    
Interest paid 9,074 7,562
Income taxes paid, net 1,561 1,165
Non-cash investing and financing activities:    
(Decrease) increase in payables for purchases of premises and equipment (3,339) 891
(Decrease) increase in acquisition of businesses from subsequent working capital true-ups $ (3,711) $ 11,133