XML 81 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows provided by operating activities:    
Net income $ 4,735 $ 8,364
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,354 31,829
Provision for doubtful accounts 728 1,432
Non-cash compensation 17,236 12,264
Loss in equity interests, net 75 703
Non-cash restructuring charges   5,315
Deferred income taxes 3,402 (2,607)
Gain on deconsolidation of subsidiaries (13,647)  
Tax benefit from change in uncertain tax positions   (12,869)
Amount reclassified from accumulated other comprehensive income 1,819 (23,109)
Excess income tax benefit from equity compensation plans (199) (2,044)
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 39,524 28,641
Prepaid and other (7,990) 15,555
Deferred revenue (27,489) (31,242)
Accounts payable, accrued liabilities and other 1,259 (25,466)
Total adjustments 39,072 (1,598)
Net cash provided by operating activities 43,807 6,766
Cash flows used for investing activities:    
Capital expenditures (22,469) (18,388)
Payments for acquisitions, net of cash acquired (27,005)  
Investment in Alma Career Oy (6,516)  
Cash funded to and dividends received from equity investee and other (616) 139
Capitalized patent defense costs (1,220)  
Net cash used for investing activities (57,826) (18,249)
Cash flows provided by (used for) financing activities:    
Payments on borrowings on credit facilities (8,100) (39,799)
Proceeds from borrowings on credit facilities 78,800 17,500
Payments on borrowings on term loan (4,375) (3,125)
Repurchase of common stock (51,517) (23,378)
Tax withholdings related to net share settlements of restricted stock awards and units (3,707) (4,987)
Excess income tax benefit from equity compensation plans 199 2,044
Dividend paid to noncontrolling interest (3,021)  
Net cash provided by (used for) financing activities 8,279 (51,745)
Effects of exchange rates on cash 1,554 (5,624)
Net decrease in cash and cash equivalents (4,186) (68,852)
Cash and cash equivalents, beginning of period 88,581 148,185
Cash and cash equivalents, end of period 84,395 79,333
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 4,245 3,206
Cash paid for interest 3,970 3,872
Non-cash activities:    
Net assets of entities contributed to Alma Career Oy $ 4,200