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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 7,894 $ 4,418
Adjustments to reconcile net income to net cash provided by operating activities:    
Benefit from deferred income taxes (211) (113)
Share-based compensation 1,849 1,443
Depreciation and amortization 293 265
Net (gains)/losses on investments (254) 151
Net (income)/loss from equity method investments (102) 74
Amortization of bond premiums 6 10
Excess income tax benefit from share-based compensation (3,549) (1,314)
Income tax benefit from dividends paid on unvested shares (37) (30)
(Increase)/decrease in operating assets:    
Accounts receivable (2,775) 1,303
Prepaid and other current assets (2,004) (2,131)
Trading securities 1,185  
Increase/(decrease) in operating liabilities:    
Accounts payable and accrued liabilities (54) 248
Accrued compensation and benefits 4,290 2,948
Income taxes payable 1,466 695
Deferred rent 266 (41)
Net cash provided by operating activities 8,263 7,926
Cash flows from investing activities:    
Proceeds from/(investments in) available-for-sale securities, net 1,974 (14)
Proceeds from equity method investments 1,000  
Capital expenditures (1,186) (147)
Security deposits (34) (1)
Net cash provided by/(used in) investing activities 1,754 (162)
Cash flows from financing activities:    
Dividends (1,895) (1,404)
Repurchase of common shares, net (129) (1,588)
Excess income tax benefit from share-based compensation 3,549 1,314
Income tax benefit from dividends paid on unvested shares 37 30
Proceeds from stock option exercises 367 71
Net cash provided by/(used in) financing activities 1,929 (1,577)
Net increase in cash and cash equivalents during period 11,946 6,187
Cash and cash equivalents at beginning of period 24,528 29,128
Cash and cash equivalents at end of period 36,474 35,315
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 6,501 4,942
Supplemental disclosures of non-cash investing activities:    
Net change in unrealized gains/(losses) on available-for-sale securities, net of tax-(Note 8) $ 29 $ (330)