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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities:    
Net earnings $ 225,998 $ 349,480
Adjustments to reconcile net earnings to net cash from operating activities:    
Provisions for losses (recoveries) on accounts receivable 1,072 (416)
Deferred income tax expense (benefit) 2,036 (3,236)
Stock compensation expense 12,488 11,603
Depreciation and amortization 15,261 12,975
Other, net 1,159 455
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable 508,606 (132,348)
(Decrease) increase in accounts payable and accrued liabilities (202,923) 140,191
Decrease in deferred contract costs 67,621 173,930
Decrease in contract liabilities (84,447) (193,357)
Increase in income taxes payable, net 91 46,259
(Increase) decrease in other, net (550) 8,410
Net cash from operating activities 546,412 413,946
Investing Activities:    
Purchase of property and equipment (10,126) (14,412)
Other, net 575 79
Net cash from investing activities (9,551) (14,333)
Financing Activities:    
Payments on borrowings on lines of credit (26,402) (3,102)
Proceeds from borrowings on lines of credit 11,495 22,592
Proceeds from issuance of common stock 9,288 5,751
Repurchases of common stock (213,502) 0
Payments for taxes related to net share settlement of equity awards (7,445) (7,482)
Net cash from financing activities (226,566) 17,759
Effect of exchange rate changes on cash and cash equivalents 6,368 (6,438)
Change in cash and cash equivalents 316,663 410,934
Cash and cash equivalents at beginning of period 2,034,131 1,728,692
Cash and cash equivalents at end of period 2,350,794 2,139,626
Taxes Paid:    
Income taxes $ 70,786 $ 77,960