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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
3 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
CASH FLOW FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ 14,252 $ (9,585)
Loss from Discontinued Operations 3,156 4,734
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Stock-Based Compensation Expense 5,223 4,137
Amortization and Adjustments to Operating Lease Assets 12,804 0
Depreciation 8,393 7,727
Amortization of Intangible Assets 2,534 1,605
Amortization of Deferred Debt Issuance Costs 392 392
Provision for Bad Debts 5,554 1,203
Deferred Income Taxes 2,991 7,915
Loss on Disposals, Accelerated Depreciation and Adjustments to Land, Building and Equipment 1,053 37,984
Realized Loss on Investments 11 0
Unrealized Gain on Investments (33) 0
Realized Gain on Sale of Assets (4,779) 0
Changes in Assets and Liabilities:    
Accounts Receivable (38,206) (39,199)
Prepaid Expenses and Other Current Assets (13,646) (11,308)
Accounts Payable (7,566) 1,397
Accrued Salaries, Wages, Benefits and Liabilities (19,010) (14,257)
Deferred Revenue 72,589 74,909
Operating Lease Liabilities (13,681) 0
Other Assets and Liabilities 1,270 (14,137)
Net Cash Provided by Operating Activities-Continuing Operations 33,301 53,517
Net Cash Provided by Operating Activities-Discontinued Operations 14,167 24,497
NET CASH PROVIDED BY OPERATING ACTIVITIES 47,468 78,014
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital Expenditures (10,436) (13,321)
Sales of Marketable Securities 290 0
Purchases of Marketable Securities (292) (4,152)
Proceeds from Sale of Assets 6,421 0
Net Cash Used in Investing Activities-Continuing Operations (4,017) (17,473)
Net Cash Used in Investing Activities-Discontinued Operations (1,728) (2,946)
NET CASH USED IN INVESTING ACTIVITIES (5,745) (20,419)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Exercise of Stock Options 828 10,492
Employee Taxes Paid on Withholding Shares (5,045) (5,188)
Proceeds from Stock Issued Under Colleague Stock Purchase Plan 0 159
Repurchase of Common Stock for Treasury (40,255) (59,175)
Borrowings Under Credit Facility 30,000 0
Repayments Under Credit Facility (100,750) (750)
Proceeds from Down Payment on Seller Loan 5,200 0
Purchase of Noncontrolling Interest of Subsidiary (6,247) 0
Net Cash Used in Financing Activities-Continuing Operations (116,269) (54,462)
Net Cash Used in Financing Activities-Discontinued Operations (480) (470)
NET CASH USED IN FINANCING ACTIVITIES (116,749) (54,932)
Effects of Exchange Rate Differences (6,750) (1,579)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (81,776) 1,084
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 300,467 444,405
Cash, Cash Equivalents and Restricted Cash at End of Period 218,691 445,489
Less: Cash, Cash Equivalents and Restricted Cash of Discontinued Operations at End of Period 96,902 110,390
Cash, Cash Equivalents and Restricted Cash at End of Period 121,789 335,099
Non-cash Investing and Financing Activity:    
Decrease in Redemption Value of Noncontrolling Interest Put Options $ 0 $ (241)