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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 88,226 $ 77,396 $ 58,024
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 8,886 7,496 7,660
Bad debt provision 6,250 4,629 4,335
Deferred income tax 1,887 3,001 17,842
Stock-based compensation expense, net of tax benefit from equity compensation plans(1) [1] 276 1,271 1,668
Amortization of premium on marketable securities 1,296 1,723 681
Unrealized (gain) loss on deferred compensation fund investments (4,509) (1,460) 24
Changes in operating assets and liabilities:      
Accounts and notes receivable (121,639) (65,610) (18,854)
Inventories and supplies (1,873) (1,492) (846)
Prepaid expenses and other assets (9,545) (2,470) (1,710)
Deferred compensation funding (257) 2,732 (649)
Accounts payable and other accrued expenses 11,197 (4,251) 2,403
Accrued payroll, accrued and withheld payroll taxes 11,927 6,307 (28,314)
Accrued insurance claims (2,954) 5,404 13,987
Deferred compensation liability 5,061 (731) 1,113
Income taxes payable [1] 13,401 7,455 5,997
Net cash provided by operating activities 7,630 41,400 63,361
Cash flows from investing activities:      
Disposals of fixed assets 338 275 267
Additions to property and equipment (5,397) (5,442) (4,998)
Purchases of marketable securities (33,861) (29,449) (75,150)
Sales of marketable securities 28,537 28,164 17,567
Cash paid for acquisitions (4,584) 0 0
Net cash used in investing activities (14,967) (6,452) (62,314)
Cash flows from financing activities:      
Dividends paid (55,244) (53,342) (51,375)
Reissuance of treasury stock pursuant to Dividend Reinvestment Plan 95 109 113
Tax benefit from equity compensation plans [1] 0 2,981 1,873
Proceeds from the exercise of stock options 12,808 5,968 6,251
Net proceeds from short-term borrowings 35,382 0 0
Net cash used in financing activities (6,959) (44,284) (43,138)
Net change in cash and cash equivalents (14,296) (9,336) (42,091)
Cash and cash equivalents at beginning of the period 23,853 33,189 75,280
Cash and cash equivalents at end of the period 9,557 23,853 33,189
Supplementary cash flow information:      
Cash paid for interest 1,363 574 258
Cash paid for income taxes, net of refunds $ 35,367 $ 32,532 $ 7,901
[1] The Company adopted the provisions of ASU 2016-09 prospectively, and as such the amounts reflected for the years ended December 31, 2016 and 2015 have not been adjusted.