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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 251,597 $ 284,325
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 271,468 191,219
Provisions for fraud and other losses 37,289 29,621
Share-based compensation 33,792 31,468
Dividends received from equity investments 15,246 12,092
Amortization of debt issuance costs 12,499 1,378
Provisions for bad debt expenses, billing adjustments and merchant losses 4,817 3,519
Deferred income tax (expense) benefit 4,110 (25,960)
Charges for transaction processing provisions 3,355 3,471
Amortization of bond discount 529 297
Loss on disposal of equipment, net 314 4
Changes in value of private equity investments (181) (3,448)
Net (gain) loss on foreign currency (1,664) 468
Excess tax benefit from share-based payment arrangements (8,951) (4,892)
Equity in income of equity investments (19,234) (15,309)
Changes in operating assets and liabilities, net of effect of acquisition:    
Accounts receivable (48,463) (55,911)
Prepaid expenses, other current assets and other long-term assets (18,087) 1,356
Accounts payable (15,079) (1,163)
Accrued salaries and employee benefits (9,712) 5,589
Other current liabilities and other long-term liabilities 37,315 2,430
Net cash provided by operating activities 550,960 460,554
Cash flows from investing activities:    
Cash used in acquisitions, net of cash acquired (2,345,493) (750)
Additions to contract acquisition costs (38,384) (50,971)
Purchases of property and equipment (32,134) (36,505)
Additions to internally developed computer software (25,705) (31,654)
Additions to licensed computer software from vendors (11,112) (17,052)
Purchase of private equity investments (4,430) (3,525)
Proceeds from sale of private equity investment 120 1,839
Net cash used in investing activities (2,457,138) (138,618)
Cash flows from financing activities:    
Proceeds from borrowings of long-term debt 2,666,295 1,912
Proceeds from exercise of stock options 9,980 19,690
Excess tax benefit from share-based payment arrangements 8,951 4,892
Subsidiary dividends paid to noncontrolling shareholders (4,163) (3,796)
Repurchase of common stock under plans and tax withholding (5,396) (83,635)
Purchase of noncontrolling interest (5,878)  
Debt issuance costs (26,563)  
Dividends paid on common stock (55,000) (55,277)
Principal payments on long-term borrowings and capital lease obligations (618,598) (42,215)
Net cash provided by (used in) financing activities 1,969,628 (158,429)
Cash and cash equivalents:    
Effect of exchange rate changes on cash and cash equivalents (5,895) (4,840)
Net increase in cash and cash equivalents 57,555 158,667
Cash and cash equivalents at beginning of period 389,328 289,183
Cash and cash equivalents at end of period 446,883 447,850
Supplemental cash flow information:    
Interest paid 74,765 21,994
Income taxes paid, net $ 58,855 $ 122,180