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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 26,855 $ 9,175
Adjustments to reconcile net income to cash provided by operating activities:    
Deferred income tax provision, net (18,314) 41
Provision for bad debts 349 368
Depreciation and amortization 1,972 2,115
Stock-based compensation expense 2,620 2,260
Defined benefit pension plan expense 216 455
Loss on deferred compensation plan investments, net 89 110
Loss on disposal or impairment of property and equipment 801 5
Contingent consideration liability remeasurement 886 0
Noncash lease expense 1,662  
Other 87 91
(Increase) decrease in operating assets    
Trade receivables, net (7,377) (12,350)
Income tax refund receivable 206 6,341
Prepaid expenses and other current assets 894 91
Other assets, net (1,493) 69
Increase (decrease) in operating liabilities    
Accounts payable and other accrued liabilities 5,841 (2,096)
Accrued payroll costs 380 317
Income taxes payable 2,951 3,388
Other long-term liabilities (6,836) (130)
Cash provided by operating activities 11,789 10,250
Cash flows from investing activities:    
Capital expenditures (1,496) (1,469)
Other (1,000) 0
Cash used in investing activities (2,496) (1,469)
Cash flows from financing activities:    
Proceeds from credit facility 78,300 193,400
Payments on credit facility (67,600) (186,723)
Payments on other financing arrangements (540) (569)
Repurchases of common stock (14,875) (12,038)
Cash dividend (4,406) (2,973)
Other (25) 0
Cash used in financing activities (9,146) (8,903)
Change in cash and cash equivalents 147 (122)
Cash and cash equivalents at beginning of period 112 379
Cash and cash equivalents at end of period $ 259 $ 257