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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 61,364 $ 62,882 $ 62,567
Adjustments to reconcile net income to net cash provided by operating activities-      
Depreciation 13,380 13,616 14,776
Amortization 29,501 27,626 29,281
Amortization of original issue discount 2,790 4,866 6,246
Asset impairment 3,135   1,685
(Gain) loss on short-term investments and other (184) (83) 177
Loss on repurchase of convertible notes   8,651  
Gain on disposition of business operations   (6,611) (3,733)
Deferred income taxes 7,112 (2,811) (16,106)
Excess tax benefit of stock-based compensation awards   (4,729) (2,185)
Stock-based compensation 21,049 22,715 21,130
Changes in operating assets and liabilities:      
Trade accounts receivable, net (6,421) (23,243) 1,831
Other current and non-current assets 2,875 255 (5,387)
Income taxes payable/receivable (2,729) (14,167) 8,953
Trade accounts payable and accrued liabilities (4,377) (5,738) 13,916
Deferred revenue (300) 957 3,808
Net cash provided by operating activities 127,195 84,186 136,959
Cash flows from investing activities:      
Purchases of property and equipment (28,942) (14,263) (18,845)
Purchases of short-term investments (182,247) (196,967) (181,553)
Proceeds from sale/maturity of short-term investments 193,465 157,825 192,994
Acquisition of and investments in business, net of cash acquired     (1,300)
Acquisition of and investments in client contracts (12,180) (7,587) (8,018)
Proceeds from the disposition of business operations   8,850  
Net cash used in investing activities (29,904) (52,142) (16,722)
Cash flows from financing activities:      
Proceeds from issuance of common stock 1,776 1,547 1,547
Payment of cash dividends (26,850) (24,110) (22,238)
Repurchase of common stock (30,649) (25,196) (65,027)
Payments on acquired asset financing     (829)
Proceeds from long-term debt   230,000 150,000
Payments on long-term debt (15,000) (7,500) (127,500)
Repurchase of convertible notes   (215,676)  
Settlement of convertible notes (34,771)    
Payments of deferred financing costs   (6,744) (2,742)
Excess tax benefit of stock-based compensation awards   4,729 2,185
Net cash used in financing activities (105,494) (42,950) (64,604)
Effect of exchange rate fluctuations on cash 4,095 4,626 (4,714)
Net increase (decrease) in cash and cash equivalents (4,108) (6,280) 50,919
Cash and cash equivalents, beginning of period 126,351 132,631 81,712
Cash and cash equivalents, end of period 122,243 126,351 132,631
Cash paid during the period for-      
Interest 14,729 12,191 8,380
Income taxes $ 22,144 $ 53,020 $ 41,860