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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 17,079 $ 17,273
Adjustments to reconcile net income to cash provided (used) by operations:    
Depreciation and amortization 12,176 3,713
Share-based compensation expense 6,480 4,258
Excess tax benefit from exercises of share-based arrangements (1,051) (3,558)
Changes in operating assets and liabilities, exclusive of effects of acquired companies:    
Accounts receivable 35,750 8,320
Income taxes 10,424 8,394
Prepaid expenses and other current assets 2,074 763
Accounts payable (473) (328)
Accrued liabilities (11,738) (16,423)
Deferred revenue (30,451) (24,507)
Net cash provided (used) by operating activities 40,270 (2,095)
Cash flows from investing activities:    
Purchase of marketable security investments (6,410)  
Proceeds from marketable security investments 3,025  
Cost of acquisitions (2,000) (325)
Additions to property and equipment (16,722) (1,909)
Investment in Record Holdings Pty Limited   (15,000)
Increase in other (49)  
Net cash used by investing activities (22,156) (17,234)
Cash flows from financing activities:    
Increase in net borrowings on revolving line of credit 74,000  
Purchase of treasury shares (93,930)  
Proceeds from exercise of stock options 1,781 3,425
Contributions from employee stock purchase plan 1,238 900
Excess tax benefit from exercises of share-based arrangements 1,051 3,558
Net cash (used) provided by financing activities (15,860) 7,883
Net increase (decrease) in cash and cash equivalents 2,254 (11,446)
Cash and cash equivalents at beginning of period 33,087 206,167
Cash and cash equivalents at end of period $ 35,341 $ 194,721