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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 59,105 $ 24,863
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,855 4,114
Net foreign currency loss (gain) 1,444 (667)
Stock-based compensation 11,102 11,295
Deferred income taxes 25,827 15,668
Provision for bad debts 1,144 31
Excess tax benefits from stock-based compensation (137) 0
Other non-cash operating activities 1,358 365
Changes in assets and liabilities:    
Accounts receivable 5,066 2,395
Unbilled services 667 (645)
Prepaid expenses, prepaid income taxes, and other assets 4,327 4,888
Installments receivable 11,933 32,365
Accounts payable, accrued expenses, and other liabilities (1,111) (11,186)
Deferred revenue 17,309 29,138
Net cash provided by operating activities 141,889 112,624
Cash flows from investing activities:    
Purchase of marketable securities (35,542) (75,713)
Maturities of marketable securities 33,362 0
Purchase of property, equipment and leasehold improvements (2,630) (3,018)
Insurance proceeds 0 2,222
Purchase of technology intangibles (400) (902)
Capitalized computer software development costs (601) (593)
Net cash used in investing activities (5,811) (78,004)
Cash flows from financing activities:    
Exercise of stock options 7,475 15,430
Repayments of secured borrowings 0 (11,010)
Repurchases of common stock (88,919) (59,251)
Payment of tax withholding obligations related to restricted stock (5,935) (5,758)
Excess tax benefits from stock-based compensation 137 0
Net cash used in financing activities (87,242) (60,589)
Effect of exchange rate changes on cash and cash equivalents 215 (231)
Increase (decrease) in cash and cash equivalents 49,051 (26,200)
Cash and cash equivalents, beginning of period 132,432 165,242
Cash and cash equivalents, end of period 181,483 139,042
Supplemental disclosure of cash flow information:    
Income taxes paid, net 5,717 2,692
Interest paid $ 32 $ 385