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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income including noncontrolling interests $ 48,029 $ 42,557
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization of identifiable intangible assets 6,227 5,601
Depreciation expense 13,444 11,785
Bad debt expense (177) 1,132
Deferred tax benefit (606) (2,755)
Amortization of debt financing costs 273 238
Gain on sale of assets (523) (625)
Changes in the fair value of contingent earn-out obligations (468) (125)
Stock-based compensation expense 3,868 4,254
(Increase) decrease in-    
Receivables, net (4,301) (1,283)
Inventories (298) (218)
Prepaid expenses and other current assets (3,648) 27
Costs and estimated earnings in excess of billings (3,726) (8,651)
Other noncurrent assets (128) (275)
Increase (decrease) in-    
Accounts payable and accrued liabilities 1,628 19,986
Billings in excess of costs and estimated earnings (10,928) 2,912
Other long-term liabilities 1,088 23
Net cash provided by operating activities 49,754 74,583
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (17,257) (15,216)
Proceeds from sales of property and equipment 847 891
Cash paid for acquisitions, net of cash acquired (58,510) (6,158)
Net cash used in investing activities (74,920) (20,483)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving line of credit 144,000 24,500
Payments on revolving line of credit (129,000) (53,000)
Payments on other debt 567  
Payments on capital lease obligations (194) (277)
Debt financing costs (789)  
Payments of dividends to shareholders (7,663) (6,924)
Share repurchase program (10,977) (4,930)
Shares received in lieu of tax withholding (1,304) (937)
Excess tax benefit of stock-based compensation, financing activities   747
Proceeds from exercise of options 733 2,971
Distributions to noncontrolling interests   (2,897)
Payments for contingent consideration arrangements (200) (345)
Net cash used in financing activities (5,961) (41,092)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (31,127) 13,008
CASH AND CASH EQUIVALENTS, beginning of period 56,464 32,064
CASH AND CASH EQUIVALENTS, end of period $ 25,337 $ 45,072