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Condensed Consolidated Statements of Cash Flow (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 54,048$ 43,075
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization5,6174,433
Share based compensation1,7371,376
Provision for doubtful accounts747341
Provision (benefit) for deferred taxes(5,870)(89)
Debt discount amortization on convertible debt21303
Unrealized foreign exchange gain (loss) on forward contracts909(1,270)
Unrealized foreign currency exchange gain (loss)(4,047)(277)
(Gain) loss on put option893(5,416)
Reduction of acquisition earnout accruals(3,048)0
Changes in assets and liabilities, net of effects from acquisitions:  
Accounts receivable(2,985)(5,020)
Other assets422(1,219)
Accounts payable and accrued expenses1,916(1,140)
Accrued payroll and related benefits(959)(369)
Deferred revenue1,024(859)
Deferred rent(188)(70)
Other current liabilities1,69641
Net cash provided by operating activities51,93333,840
Cash flows from investing activities:  
Maturities of marketable securities7,6000
Purchases of marketable securities(2,963)(4,952)
Capital expenditures(1,863)(1,325)
Net cash provided by/(used in) investing activities5,726(24,139)
Cash flows from financing activities:  
Repayments on revolving line of credit, (net of proceeds)(14,750)(2,100)
Proceeds from term loan16,25010,000
Principal payments of term loan obligation(4,740)(3,751)
Repurchases of common stock(56,548)(10,649)
Settlement on conversion of convertible debt(6,761)(12,021)
Proceeds from the exercise of stock options14231
Payments of capital lease obligations(253)(683)
Net cash used in financing activities(66,788)(18,973)
Effect of foreign exchange rates on cash(327)1,308
Net change in cash and cash equivalents(9,456)(7,964)
Cash and cash equivalents at the beginning of the period23,39719,227
Cash and cash equivalents at the end of the period13,94111,263
Supplemental disclosures of cash flow information:  
Interest paid579410
Income taxes paid1,7571,589
ADAM
  
Cash flows from investing activities:  
Acquisition of businesses, net of cash acquired3,5290
MCN
  
Cash flows from investing activities:  
Investment, net of cash acquired(381)(2,931)
Trades Monitor
  
Cash flows from investing activities:  
Acquisition of businesses, net of cash acquired0(2,749)
Connective Technologies
  
Cash flows from investing activities:  
Acquisition of businesses, net of cash acquired0(1,337)
E-Trek
  
Cash flows from investing activities:  
Acquisition of businesses, net of cash acquired0(1,011)
USIX
  
Cash flows from investing activities:  
Acquisition of businesses, net of cash acquired0(6,844)
ConfirmNet
  
Cash flows from investing activities:  
Investment, net of cash acquired(184)(2,975)
Facts
  
Cash flows from investing activities:  
Investment, net of cash acquired(12)(11)
Periculum
  
Cash flows from investing activities:  
Investment, net of cash acquired$ 0$ (4)