XML 56 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flows from Operating Activities    
Net income $ 1,615us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 1,845us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and software amortization 3,396us-gaap_Depreciation 3,832us-gaap_Depreciation
Intangible asset amortization 41us-gaap_AmortizationOfIntangibleAssets 6us-gaap_AmortizationOfIntangibleAssets
Stock-based compensation 1,316us-gaap_ShareBasedCompensation 1,288us-gaap_ShareBasedCompensation
Excess tax benefits from stock-based compensation   (425)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Net pension cost (payments) (82)us-gaap_PensionExpense 1,404us-gaap_PensionExpense
Deferred income taxes 138us-gaap_DeferredIncomeTaxExpenseBenefit 3,825us-gaap_DeferredIncomeTaxExpenseBenefit
Other, net   (875)us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities, net of acquisitions:    
Decrease in accounts receivable, net 18,611us-gaap_IncreaseDecreaseInAccountsReceivable 9,944us-gaap_IncreaseDecreaseInAccountsReceivable
(Increase) decrease in inventory 4us-gaap_IncreaseDecreaseInInventories (34)us-gaap_IncreaseDecreaseInInventories
(Increase) decrease in prepaid expenses and other current assets 218us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (696)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Increase in accounts payable 1,148us-gaap_IncreaseDecreaseInAccountsPayable 121us-gaap_IncreaseDecreaseInAccountsPayable
Decrease in other accrued expenses and liabilities (6,130)us-gaap_IncreaseDecreaseInOtherAccruedLiabilities (13,810)us-gaap_IncreaseDecreaseInOtherAccruedLiabilities
Other, net 153us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 267us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 20,428us-gaap_NetCashProvidedByUsedInOperatingActivities 6,692us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows from Investing Activities    
Acquisitions, net of cash acquired (29,863)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired  
Purchases of property, plant and equipment (2,709)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,550)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (32,572)us-gaap_NetCashProvidedByUsedInInvestingActivities (2,550)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows from Financing Activities    
Repayment of borrowings (4,593)us-gaap_RepaymentsOfDebt (3,062)us-gaap_RepaymentsOfDebt
Issuance of common stock (21)us-gaap_ProceedsFromIssuanceOfCommonStock (347)us-gaap_ProceedsFromIssuanceOfCommonStock
Excess tax benefits from stock-based compensation   425us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Purchase of treasury stock   (175)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid (5,323)us-gaap_PaymentsOfDividends (5,377)us-gaap_PaymentsOfDividends
Net cash used in financing activities (9,937)us-gaap_NetCashProvidedByUsedInFinancingActivities (8,536)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (1,487)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 186us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (23,568)hhs_CashAndCashEquivalentsPeriodIncreaseDecreaseIncludingDiscontinuedOperations (4,208)hhs_CashAndCashEquivalentsPeriodIncreaseDecreaseIncludingDiscontinuedOperations
Cash and cash equivalents at beginning of period 56,749us-gaap_CashAndCashEquivalentsAtCarryingValue 88,747us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 33,181us-gaap_CashAndCashEquivalentsAtCarryingValue $ 84,539us-gaap_CashAndCashEquivalentsAtCarryingValue