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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net income $ 11,577 $ 15,811
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,746 14,653
Stock-based compensation 7,397 3,920
Excess tax (benefit) deficiency from equity incentive plan activity 467 (12,853)
Changes in operating assets and liabilities:    
Restricted cash and investments (3,202) (4,520)
Prepaid expenses and other current assets (1,157) (2,181)
Workers compensation receivables (7,688) (22,100)
Other assets (312) (13,259)
Accounts payable 6,111 (1,352)
Income taxes payable/receivable 6,735 29,153
Other current liabilities (2,505) (211)
Other liabilities 15,205 8,319
Worksite employee related assets 346,563 712,517
Worksite employee related liabilities (347,039) (714,570)
Net cash provided by operating activities 40,898 13,327
Investing activities    
Acquisitions of businesses (300) 0
Maturity of debt securities 1,500 0
Purchase of property and equipment (6,807) (3,853)
Net cash used in investing activities (5,607) (3,853)
Financing activities    
Proceeds from issuance of common stock on exercised options 504 3,199
Excess tax benefit (deficiency) from equity incentive plan activity (467) 12,853
Repayment of notes payable (5,062) (30,125)
Repayments under capital leases (10) (180)
Repurchase of common stock 0 (25,016)
Awards effectively repurchased for required employee withholding taxes (656) (9)
Net cash used in financing activities (5,691) (39,278)
Effect of exchange rate changes on cash and cash equivalents 160 (136)
Net increase (decrease) in cash and cash equivalents 29,760 (29,940)
Cash and cash equivalents at beginning of period 166,178 134,341
Cash and cash equivalents at end of period 195,938 104,401
Supplemental disclosures of cash flow information    
Cash paid for interest 4,083 3,872
Cash paid for income taxes, net 2,572 (4,357)
Supplemental schedule of noncash investing and financing activities    
Payable for purchase of property and equipment 1,435 1,034
Allowance for tenant improvements $ 0 $ 791