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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net income $ 37,825 $ 32,769
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 14,112 12,967
Share-based compensation expense 10,557 8,676
Deferred income tax (benefit) (2,658) (3,870)
Changes in operating assets and liabilities, exclusive of effects of acquired companies:    
Accounts receivable 30,227 37,542
Income taxes 4,053 7,576
Prepaid expenses and other current assets 1,333 (919)
Accounts payable (1,752) (1,166)
Accrued liabilities (17,952) (15,939)
Deferred revenue (31,114) (29,457)
Net cash provided by operating activities 44,631 48,179
Cash flows from investing activities:    
Additions to property and equipment (8,895) (19,820)
Purchase of marketable security investments (43,962) (7,128)
Proceeds from marketable security investments 11,077 6,896
Decrease (increase) in other 743 (16)
Net cash used by investing activities (41,037) (20,068)
Cash flows from financing activities:    
Decrease in net borrowings on revolving line of credit 0 (10,000)
Purchase of treasury shares 0 (7,032)
Proceeds from exercise of stock options 19,298 14,851
Contributions from employee stock purchase plan 1,798 1,650
Net cash provided (used) by financing activities 21,096 (531)
Net increase in cash and cash equivalents 24,690 27,580
Cash and cash equivalents at beginning of period 185,926 36,151
Cash and cash equivalents at end of period $ 210,616 $ 63,731