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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income $ 61,570 $ 50,377 $ 40,065
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of operations, net of tax (1,025) (45) (855)
Depreciation and amortization expense 23,675 23,061 22,098
Bad debt expense, net of recoveries 3,665 5,137 4,090
Adjustment to contingent earnout liability, net 2,617 (1,494) (994)
Deferred income taxes 5,775 3,674 4,829
Employee stock awards 6,866 5,705 5,725
Excess tax benefits from share based payment arrangements (3,260) (3,837) (1,108)
Other, net 400 1,178 1,065
Changes in assets and liabilities, net of acquisitions and divestitures:      
Accounts receivable, net (10,668) (13,849) (19,188)
Other assets (3,344) 3,180 (5,612)
Accounts payable 974 3,738 10,217
Income taxes payable 426 (2,071) 1,881
Accrued personnel costs 17,901 (599) 5,496
Other liabilities (140) 3,508 5,965
Net cash provided by continuing operations 105,432 77,663 73,674
Operating cash flows (used in) provided by discontinued operations (184) (627) 387
Net cash provided by operating activities 105,248 77,036 74,061
Cash flows from investing activities:      
Business acquisitions and purchases of client lists, net of cash acquired (29,080) (28,093) (5,653)
Purchases of client fund investments (18,426) (15,546) (11,355)
Proceeds from the sales and maturities of client fund investments 12,238 8,785 9,778
Additions to property and equipment (14,624) (11,892) (4,141)
Other, net 2,316 (1,935) 1,524
Net cash used in investing activities (47,576) (48,681) (9,847)
Cash flows from financing activities:      
Proceeds from bank debt 690,173 533,900 416,800
Payment of bank debt (733,173) (546,800) (431,200)
Payment for acquisition of treasury stock (17,484) (19,735) (9,144)
(Decrease) increase in client funds obligations (41,509) (10,273) 5,257
Payment of contingent consideration of acquisitions (11,787) (10,515) (7,504)
Proceeds from exercise of stock options 6,291 8,008 8,070
Other, net (1,891) (178) (663)
Net cash used in financing activities (109,380) (45,593) (18,384)
Net (decrease) increase in cash, cash equivalents and restricted cash (51,708) (17,238) 45,830
Cash, cash equivalents and restricted cash at beginning of year 182,262 199,500 153,670
Cash, cash equivalents and restricted cash at end of year 130,554 182,262 199,500
Reconciliation of cash, cash equivalents and restricted cash to the Consolidated Balance Sheets:      
Cash and cash equivalents 640 424 3,494
Restricted cash 27,481 32,985 27,880
Cash equivalents included in funds held for clients 102,433 148,853 168,126
Cash, cash equivalents and restricted cash at end of year $ 130,554 $ 182,262 $ 199,500