XML 45 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flow from operating activities:    
Net income $ 39,946 $ 43,246
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 36,502 33,357
Stock-based compensation 12,745 12,881
Tax benefit from deferred income taxes (1,561) 1,398
Tax benefit from stock option plans (937) (1,055)
Changes in operating assets and liabilities:    
Accounts receivable (2,748) (30,140)
Inventories (12,228) 4,815
Prepaid expenses and other assets (19,544) (25,942)
Accounts payable (2,082) 7,368
Deferred revenue 3,692 10,499
Taxes, accrued expenses and other liabilities (3,002) 12,011
Net cash provided by operating activities 50,783 68,438
Cash flow from investing activities:    
Capital expenditures (20,626) (22,109)
Capitalization of internally developed software (11,446) (16,797)
Additions to other intangibles (520) (1,634)
Acquisition, net of cash received (24,523)  
Purchases of short-term investments (29,649) (80,515)
Sales and maturities of short-term investments 36,796 79,647
Net cash used in investing activities (49,968) (41,408)
Cash flow from financing activities:    
Proceeds from issuance of common stock 14,416 17,124
Repurchase of common stock (8,545)  
Dividends paid (48,869) (37,976)
Tax benefit from stock option plans 937 1,055
Net cash used in financing activities (42,061) (19,797)
Net change in cash and cash equivalents (41,246) 7,233
Cash and cash equivalents at beginning of period 274,030 230,263
Cash and cash equivalents at end of period $ 232,784 $ 237,496