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Consolidated Statements of Cash Flow (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net income $ 59,274 $ 70,569 $ 71,378
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 10,107 9,155 7,514
Provision for doubtful accounts 1,147 442 976
Provision for deferred taxes (10,368) (7,505) (5,927)
Unrealized foreign exchange (gain)/losses on forward contracts 0 0 2,346
Unrealized foreign exchange (gain)/losses (237) 443 (5,795)
Unrealized gain on put option (341) (191) (537)
Share-based compensation 1,941 2,083 2,205
Debt discount amortization on convertible debt 42 39 21
Reduction of acquisition earn-out contingent liability (10,253) (699) (2,847)
Changes in current assets and liabilities, net of acquisitions:      
Accounts receivable (3,347) (2,023) (2,903)
Other assets 80 (371) 1,647
Accounts payable and accrued expenses 1,135 730 1,525
Accrued payroll and related benefits (1,866) (594) (532)
Deferred rent (87) (132) (261)
Reserve for potential uncertain income tax return positions 6,817 2,745 200
Liability – securities litigation settlement 4,226 0 0
Other liabilities (225) (2,384) 836
Deferred revenue (983) (12) 796
Net cash provided by operating activities 57,062 72,295 70,642
Cash flows from investing activities:      
Purchases of marketable securities 0 (785) (3,098)
Maturities of marketable securities 107 1,466 7,600
Capital expenditures (1,230) (1,965) (2,829)
Net cash used in investing activities (8,840) (63,375) (13,320)
Cash flows from financing activities:      
Proceeds from / (Repayment) to line of credit, net (15,000) 6,090 6,750
Proceeds from term loan 0 45,000 16,250
Proceeds from the issuance of note payable 0 161 0
Principal payments on term loan obligation (8,938) (19,125) (6,407)
Repurchase of common stock (2,492) (18,374) (63,659)
Settlement on conversion of convertible debt 0 0 (6,761)
Payments of long term debt (665) (600) 0
Payments for capital lease obligations (277) (284) (300)
Excess tax benefit from share-based compensation 3,237 1,044 644
Proceeds from exercise of common stock options 2,161 1,020 51
Forfeiture of certain shares to satisfy exercise costs and the recipients income tax obligations related to stock options exercised and restricted stock vested (1,681) (992) 0
Dividends paid (2,794) (7,034) (1,461)
Net cash provided (used) by financing activities (26,449) 6,906 (54,893)
Effect of foreign exchange rates on cash and cash equivalents (1,548) (3,073) (2,130)
Net change in cash and cash equivalents 20,225 12,753 299
Cash and cash equivalents at the beginning of the year 36,449 23,696 23,397
Cash and cash equivalents at the end of the year 56,674 36,449 23,696
Supplemental disclosures of cash flow information:      
Interest paid 1,169 1,350 710
Income taxes paid 13,779 8,590 3,796
BSI [Member]
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (992) 0
Taimma [Member]
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (5,003) 0
Payments of acquisition earn-out contingencies (2,250) 0 0
Fintechnix [Member]
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (4,713) 0
Planetsoft [Member]
     
Adjustments to reconcile net income to cash provided by operating activities:      
Unrealized gain on put option (341)    
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (35,078) 0
TriSystems [Member]
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (9,277) 0
Curepet, Inc. [Member]
     
Cash flows from investing activities:      
Investment in Curepet, Inc. 0 (2,000) 0
ADAM
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 0 3,529
MCN
     
Cash flows from investing activities:      
Payments of acquisition earn-out contingencies 0 (1,537) (381)
Qatarlyst [Member]
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (4,740) 0 0
USIX [Member]
     
Cash flows from investing activities:      
Payments of acquisition earn-out contingencies (727) (1,466) 0
Health Connect Systems [Member]
     
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 0 (17,945)
Payments of acquisition earn-out contingencies 0 (2,000) 0
ConfirmNet
     
Cash flows from investing activities:      
Payments of acquisition earn-out contingencies 0 0 (184)
Facts [Member]
     
Cash flows from investing activities:      
Payments of acquisition earn-out contingencies $ 0 $ (25) $ (12)