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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net income $ 103,700 $ 86,569 $ 55,419
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 68,082 63,067 64,250
Amortization of debt issue costs and accretion of discount 2,988 4,316 5,128
Amortization of debt issue costs and accretion of discount 6,161 0 0
Loss on extinguishment of debt 0 2,645 0
Provision for doubtful accounts and sundry losses 3,939 2,112 843
Deferred tax benefit (6,391) (4,611) (4,306)
Share-based compensation 13,570 12,592 9,642
Loss on impairment of software 0 0 11,441
Loss on disposition of property and equipment and other intangibles 893 109 430
Earnings of equity method investment (936) (692) (604)
Dividend received from equity method investment 485 390 0
(Increase) decrease in assets:      
Accounts receivable (7,851) (18,181) (2,099)
Prepaid expenses and other assets (8,770) (3,911) (4,048)
Other long-term assets (1,750) (4,432) 1,654
Increase (decrease) in liabilities:      
Accounts payable and accrued liabilities (215) 16,057 (870)
Income tax payable (596) 5,245 (349)
Unearned income 11,504 7,021 8,444
Operating lease liabilities (6,055)    
Other long-term liabilities 1,191 4,438 811
Total adjustments 76,249 86,165 90,367
Net cash provided by operating activities 179,949 172,734 145,786
Cash flows from investing activities      
Additions to software (36,871) (27,386) (22,174)
Acquisitions, net of cash acquired (5,585) 0 (42,836)
Property and equipment acquired (23,002) (13,933) (11,290)
Proceeds from sales of property and equipment 111 19 32
Net cash used in investing activities (65,347) (41,300) (76,268)
Cash flows from financing activities      
Proceeds from issuance of long-term debt 0 545,000 0
Debt issuance costs 0 (4,418) 0
Net decrease in short-term borrowings 0 (12,000) (16,000)
Repayments of borrowings for purchase of equipment and software (886) (720) (2,373)
Dividends paid (14,420) (7,273) (21,762)
Withholding taxes paid on share-based compensation (8,849) (2,159) (1,588)
Repurchase of common stock (31,822) (10,000) (7,671)
Repayment of long-term debt (14,250) (613,485) (19,789)
Net cash used in financing activities (70,227) (105,055) (69,183)
Net increase in cash, cash equivalents and restricted cash 44,375 26,379 335
Cash, cash equivalents and restricted cash at beginning of the period 86,746 60,367 60,032
Cash, cash equivalents and restricted cash at end of the period 131,121 86,746 60,367
Reconciliation of cash, cash equivalents and restricted cash      
Cash, cash equivalents and restricted cash 131,121 60,367 60,367
Supplemental disclosure of cash flow information:      
Cash paid for interest 28,233 26,891 25,379
Cash paid for income taxes 18,703 9,750 9,930
Supplemental disclosure of non-cash activities:      
Payable due to vendor related to property and equipment and software acquired $ 2,622 $ 317 $ 1,037