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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 22,246 $ 16,426
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,996 3,376
Deferred income taxes 1,775 184
Reserve for uncertain tax positions (297) 112
Non-cash share-based compensation expense 1,254 1,273
Loss on disposal of property and equipment 212
Net changes in assets and liabilities:    
Trade accounts receivable and unbilled revenue (1,841) (2,298)
Prepaid expenses and other current assets (1,632) (1,274)
Deferred contract costs, net 1
Accounts payable 147 (108)
Accrued expenses, wages, bonuses and profit sharing (1,310) (293)
Income taxes receivable and payable (554) 1,157
Deferred revenue 1,939 2,925
Net cash provided by operating activities 25,936 21,480
Cash flows from investing activities:    
Purchases of equity investment (1,300)
Purchases of intangible Content License (250)
Purchases of property and equipment (4,858) (3,347)
Net cash used in investing activities (4,858) (4,897)
Cash flows from financing activities:    
Payments related to Recapitalization (72,370)
Proceeds from issuance of note payable 40,000
Borrowings on line of credit 2,500
Payments on line of credit (2,500)
Payment of debt issuance costs (187)
Payments on notes payable (2,170) (1,847)
Payments on capital lease obligations (104) (81)
Payment of employee payroll tax withholdings on share-based awards exercised (712) (105)
Payment of dividends on common stock (12,650) (12,649)
Net cash used in financing activities (48,193) (14,682)
Effect of exchange rate changes on cash (345) 828
Change in cash and cash equivalents (27,460) 2,729
Cash and cash equivalents at beginning of period 34,733 33,021
Cash and cash equivalents at end of period 7,273 35,750
Supplemental disclosure of cash paid for:    
Interest, net of capitalized amounts 767 65
Income taxes 2,017 7,749
Supplemental disclosure of non-cash investing and financing activities:    
Common stock (formerly class A) issued in the Recapitalization in exchange for then-existing class B shares and options. 121,371
Capital lease obligations originated for property and equipment 879 74
Stock tendered to the Company for cashless exercise of stock options in connection with equity incentive plans $ 5,429 $ 2,123