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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 814,888 $ 612,299 $ 582,489
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property and equipment 46,352 46,330 48,367
Stock-based compensation 48,243 50,626 52,504
Investment Income, Amortization of Discount (6,131) (14,777) (18,259)
Gain (Loss) on Disposition of Business (6,402) (817) (54,840)
Other Operating Activities, Cash Flow Statement 3,425 3,668 14,646
Changes in operating assets and liabilities      
Prepaid expenses and other assets (9,214) (3,279) 1,041
Accounts payable and accrued liabilities 2,227 (24) (2,130)
Deferred revenues 29,009 16,191 19,825
Net deferred income taxes and other long term tax liabilities (192,214) 43,675 54,124
Net Cash Provided by (Used in) Operating Activities 730,183 753,892 697,767
Cash flows from investing activities:      
Proceeds from maturities and sales of marketable securities 2,305,732 2,247,904 4,031,809
Purchases of marketable securities (2,355,405) (2,030,521) (2,976,752)
Purchases of property and equipment (43,395) (40,316) (37,007)
Payments for (Proceeds from) Businesses and Interest in Affiliates 20,810 (9,872) 52,240
Other investing activities 0 0 (160)
Net cash provided by (used in) investing activities (72,258) 167,195 1,070,130
Cash flows from financing activities:      
Repurchases of common stock (777,454) (782,583) (638,152)
Proceeds from issuance of common stock from option exercises and employee stock purchase plans 12,577 13,152 12,836
Repayments of Subordinated Debt 0 0 (1,250,009)
Proceeds from (Payments for) Other Financing Activities 0 (872) 0
Net cash used in financing activities (764,877) (770,303) (1,875,325)
Effect of exchange rate changes on cash and cash equivalents (48) 64 (958)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (107,000) 150,848 (108,386)
Cash and cash equivalents at end of period 401,194 508,196  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 410,601 517,601 366,753
Supplemental cash flow disclosures:      
Cash paid for interest, net of capitalized interest 87,354 87,683 117,956
Cash paid for income taxes, net of refunds received $ 132,683 $ 89,974 $ 84,906