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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 25,813 $ 23,396
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from discontinued operations, net of tax 375 1,076
Gain on sale of operations, net (101) (76)
Loss on early extinguishment of convertible debt 833  
Depreciation and amortization expense 10,051 9,518
Amortization of discount on notes and deferred financing costs 1,639 2,364
Amortization of discount on contingent earnout liability 80 60
Bad debt expense, net of recoveries 2,799 2,358
Adjustment to contingent earnout liability (1,525) (2,983)
Deferred income taxes (916) (499)
Employee stock awards 2,911 2,987
Excess tax benefits from share based payment arrangements (443) (382)
Changes in assets and liabilities, net of acquisitions and divestitures:    
Restricted cash (6,450) (1,078)
Accounts receivable, net (37,287) (34,497)
Other assets (12) (1,156)
Accounts payable 11,791 7,161
Income taxes payable 5,531 5,591
Accrued personnel costs (9,745) (7,968)
Other liabilities (824) (439)
Operating cash flows provided by continuing operations 4,520 5,433
Operating cash flows used in discontinued operations (240) (279)
Net cash provided by operating activities 4,280 5,154
Cash flows from investing activities:    
Business acquisitions and purchases of client lists, net of cash acquired (7,184) (24,721)
Purchases of client fund investments (6,661) (9,695)
Proceeds from the sales and maturities of client fund investments 5,950 5,171
Proceeds (payments) from sales of divested and discontinued operations 101 (348)
Increase in funds held for clients 70,664 67,238
Additions to property and equipment, net (5,300) (2,312)
Collection of notes receivable 104 910
Investing cash flows provided by continuing operations 57,674 36,243
Investing cash flows provided by discontinued operations 21  
Net cash provided by investing activities 57,695 36,243
Cash flows from financing activities:    
Proceeds from bank debt 188,900 198,800
Payment of bank debt (143,300) (166,100)
Payment on early extinguishment of convertible debt (17,173)  
Payment for acquisition of treasury stock (18,498) (11,823)
Decrease in client funds obligations (70,929) (62,715)
Proceeds from exercise of stock options 4,669 7,044
Payment of contingent consideration of acquisitions (4,816) (1,496)
Excess tax benefit from exercise of stock awards 443 382
Payment of notes payable   (1,143)
Payment of acquired debt   (1,169)
Net cash used in financing activities (60,704) (38,220)
Net increase in cash and cash equivalents 1,271 3,177
Cash and cash equivalents at beginning of year 979 771
Cash and cash equivalents at end of period $ 2,250 $ 3,948