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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 $ 15,380 $ 15,140 $ 17,651
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 7,955 6,648 7,812
Amortization of intangible assets 1,162 781 831
Net (gains) losses from investments (426) 479 805
Deferred income taxes 2,931 6,425 2,602
Stock-based compensation 8,300 8,490 7,976
Amortization of premium (discount) on investments (68) 207 345
Foreign currency (gains) losses 603 632 (81)
Changes in assets and liabilities, net of businesses acquired      
Accounts receivable 2,588 (10,327) 7,963
Deferred commissions (1,077) (1,679) 1,477
Prepaid expenses and other current assets 285 (4,146) 861
Accounts payable 172 (1,600) 1,317
Accrued expenses and other liabilities 1,217 7,857 58
Deferred revenue (604) 8,586 (5,140)
Net cash provided by operating activities 38,418 37,493 44,477
Cash flows from investing activities:      
Acquisitions, net of cash acquired (9,250)    
Purchases of property and equipment (5,049) (7,861) (4,140)
Purchases of marketable investments (41,810) (31,910) (36,763)
Proceeds from maturities of marketable investments 63,627 31,913 18,271
Proceeds from sales of marketable investments 32,568 6,545 4,815
Other investing activity   343 (48)
Net cash provided by (used in) investing activities 40,086 (970) (17,865)
Cash flows from financing activities:      
Dividends paid on common stock (14,502) (13,631) (12,987)
Repurchases of common stock (9,946) (39,967) (1,791)
Proceeds from issuance of common stock under employee equity incentive plans 13,020 18,506 16,734
Taxes paid related to net share settlements of stock-based compensation awards (2,526) (2,527) (2,069)
Net cash used in financing activities (13,954) (37,619) (113)
Effect of exchange rate changes on cash and cash equivalents (4,044) 3,928 (2,872)
Net increase in cash and cash equivalents 60,506 2,832 23,627
Cash and cash equivalents, beginning of year 79,790 76,958 53,331
Cash and cash equivalents, end of year 140,296 79,790 76,958
Supplemental disclosure of cash flow information:      
Cash paid for income taxes $ 4,174 $ 10,443 $ 8,507