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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 $ 259,251 $ 265,636 $ 252,521
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 67,678 69,587 77,670
Deferred income tax benefit (2,693) (10,921) (15,196)
Provision for bad debts 1,474 2,009 1,304
Stock-based compensation expense 53,154 33,347 33,951
Other 21 1,290 1,413
Changes in operating assets and liabilities:      
Accounts receivable (14,406) (17,388) 6,044
Other receivables and current assets (18,498) (39,644) (17,662)
Other long-term assets 2,343 (7,167) 273
Accounts payable, accrued expenses and current liabilities 27,045 16,919 (6,993)
Accrued income taxes 1,215 9,052 5,770
Deferred revenue 20,648 41,430 40,566
Other long-term liabilities 33,206 1,830 (3,962)
Net cash provided by operating activities 430,438 365,980 375,699
Cash flows from investing activities:      
Acquisitions, net of cash acquired (63,885) (7,891) (46,117)
Capital expenditures (19,149) (12,443) (16,145)
Other investing activities (14,409) (11,839) 230
Net cash used in investing activities (97,443) (32,173) (62,032)
Cash flows from financing activities:      
Purchase of treasury stock (336,042) (336,335) (337,910)
Restricted stock withholding taxes paid in lieu of issued shares (11,112) (5,057) (4,446)
Contingent consideration payments 0 (1,048) (1,173)
Proceeds from shares issued for stock-based compensation 52,503 53,811 43,623
Other financing activities 0 (1) (21)
Net cash used in financing activities (294,651) (288,630) (299,927)
Effect of exchange rate fluctuations on cash and cash equivalents 20,678 (6,866) (17,636)
Net increase (decrease) in cash and cash equivalents 59,022 38,311 (3,896)
Cash and cash equivalents, beginning of period 822,479 784,168 788,064
Cash and cash equivalents, end of period 881,501 822,479 784,168
Supplemental disclosures of cash flow information:      
Income taxes paid 116,389 118,455 107,218
Interest paid 199 822 620
Fair value of stock options and restricted stock awards assumed in connection with acquisitions $ 0 $ 0 $ 3,528