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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 37,386 $ 31,804
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,912 3,831
Bad debt provision 2,150 1,675
Deferred income tax (benefit) expense 2,541 (1,466)
Stock-based compensation expense 2,091 1,733
Tax benefit from equity compensation plans, gross (1,107) (817)
Amortization of premium on marketable securities 663 185
Unrealized gain on deferred compensation fund investments (82) (482)
Changes in operating assets and liabilities:    
Accounts and notes receivable (43,190) (6,879)
Inventories and supplies (1,295) 69
Prepaid expenses and other assets (4,787) (2,199)
Deferred compensation funding (971) (243)
Accounts payable and other accrued expenses 552 (9,479)
Accrued payroll, accrued and withheld payroll taxes 9,329 (4,854)
Accrued insurance claims 4,448 6,354
Deferred compensation liability 1,473 952
Income taxes payable 7,098 13,329
Net cash provided by operating activities 20,211 33,513
Cash flows from investing activities:    
Disposals of fixed assets 127 67
Additions to property and equipment (2,954) (2,289)
Purchases of marketable securities (14,628) (3,025)
Sales of marketable securities 6,284 2,813
Net cash used in investing activities (11,171) (2,434)
Cash flows from financing activities:    
Dividends paid (26,451) (25,415)
Reissuance of treasury stock pursuant to Dividend Reinvestment Plan 57 54
Tax benefit from equity compensation plans, gross 1,107 817
Proceeds from the exercise of stock options 4,777 4,085
Net cash used in financing activities (20,510) (20,459)
Net change in cash and cash equivalents (11,470) 10,620
Cash and cash equivalents at beginning of the period 33,189 75,280
Cash and cash equivalents at end of the period 21,719 85,900
Supplementary Cash Flow Information:    
Cash paid for interest 254 35
Cash paid for income taxes, net of refunds $ 12,262 $ 7,643