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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 22,017 $ 18,626
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,886 1,965
Bad debt provision 1,050 1,100
Deferred income tax expense 0 3,395
Stock-based compensation expense, net of tax benefit from equity compensation plans [1] 445 609
Amortization of premium on marketable securities 343 318
Unrealized (gain) loss on deferred compensation fund investments (1,209) 278
Changes in operating assets and liabilities:    
Accounts and notes receivable (10,887) (22,899)
Inventories and supplies 506 (1,619)
Prepaid expenses and other assets (2,859) (3,277)
Notes receivable - long term 475 0
Deferred compensation funding 246 (268)
Accounts payable and other accrued expenses 3,639 (4,100)
Accrued payroll, accrued and withheld payroll taxes 15,299 18,070
Income taxes payable [1] 1,852 (3,618)
Accrued insurance claims 784 1,009
Deferred compensation liability 1,059 100
Net cash provided by operating activities 34,646 9,689
Cash flows from investing activities:    
Disposals of fixed assets 104 114
Additions to property and equipment (1,325) (1,459)
Purchases of marketable securities (7,858) (4,966)
Sales of marketable securities 7,723 2,640
Net cash used in investing activities (1,356) (3,671)
Cash flows from financing activities:    
Dividends paid (13,624) (13,158)
Reissuance of treasury stock pursuant to Dividend Reinvestment Plan 24 28
Tax benefit from equity compensation plans [1] 0 509
Proceeds from the exercise of stock options 4,687 2,534
Net cash used in financing activities (8,913) (10,087)
Net change in cash and cash equivalents 24,377 (4,069)
Cash and cash equivalents at beginning of the period 23,853 33,189
Cash and cash equivalents at end of the period 48,230 29,120
Supplementary Cash Flow Information:    
Cash paid for interest 204 155
Cash paid for income taxes, net of refunds $ 9,544 $ 11,201
[1] The Company adopted the provisions of ASU 2016-09 prospectively, and as such the amounts reflected for the three months ended March 31, 2016 have not been adjusted.