XML 81 R8.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income (loss) $ 66,053 $ 58,807 $ (10,594)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 31,392 35,126 32,638
Amortization and impairment of other intangible assets 11,726 15,521 22,954
Goodwill impairment charge     83,752
Acquisition-related contingent consideration (1,200) (1,676) (10,869)
Provision for doubtful accounts 15,564 18,252 13,335
Non-cash share-based compensation 17,951 22,848 35,129
Non-cash interest expense 2,521 2,691 2,699
Loss on early extinguishment of debt 19,589    
Other (760) (522) (1,582)
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable, billed and unbilled (35,648) (43,072) (56,290)
Notes receivable 3,106 (18,253) (7,544)
Prepaid expenses and other assets (3,557) 10,733 (6,784)
Accounts payable, accrued expenses and other (4,718) 980 8,505
Income taxes 18,491 15,283 7,963
Accrued compensation 4,780 11,106 82,917
Billings in excess of services provided (5,370) 7,577 (2,958)
Net cash provided by operating activities 139,920 135,401 193,271
Investing activities      
Payments for acquisition of businesses, net of cash received (575) (23,467) (55,498)
Purchases of property and equipment (31,399) (39,256) (42,544)
Other 237 5,128 (5,049)
Net cash used in investing activities (31,737) (57,595) (103,091)
Financing activities      
Borrowings under revolving line of credit, net 200,000    
Payments of long-term debt (425,671) (6,014) (6,021)
Payments of debt issue costs (3,843)    
Deposits 3,227 13,071  
Purchase and retirement of common stock (26,532) (4,367) (66,763)
Net issuance of common stock under equity compensation plans 16,666 4,772 29,392
Other 191 (1,132) 263
Net cash (used in) provided by financing activities (235,962) 6,330 (43,129)
Effect of exchange rate changes on cash and cash equivalents (6,141) (6,289) 1,997
Net increase (decrease) in cash and cash equivalents (133,920) 77,847 49,048
Cash and cash equivalents, beginning of period 283,680 205,833 156,785
Cash and cash equivalents, end of period 149,760 283,680 205,833
Supplemental cash flow disclosures      
Cash paid for interest 46,965 48,169 48,156
Cash paid for income taxes, net of refunds 20,654 27,326 35,074
Non-cash investing and financing activities:      
Issuance of common stock to acquire businesses     2,883
Issuance of stock units under incentive compensation plans $ 2,124 $ 1,674 3,005
Unsettled repurchase and retirement of common stock     $ (4,367)