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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows used in operating activities:  
Net income$ 80,587$ 69,695
Reconciliation of net income to net cash used in operating activities:  
Depreciation and amortization60,50052,989
Equity in (earnings) losses from real estate ventures(2,682)10,937
Operating distributions from real estate ventures555188
Gain on investments0(394)
Provision for loss on receivables and other assets9,4579,021
Amortization of deferred compensation24,14927,115
Accretion of interest on deferred business acquisition obligations15,21417,953
Amortization of debt issuance costs3,3074,632
Change in:  
Receivables(16,328)24,100
Prepaid expenses and other assets(5,754)(21,799)
Deferred tax assets, net29,40616,475
Excess tax benefit from share-based payment arrangements(17,524)(5,580)
Accounts payable, accrued liabilities and accrued compensation(222,062)(97,260)
Net cash used in operating activities(41,175)108,072
Cash flows used in investing activities:  
Net capital additions - property and equipment(55,902)(22,797)
Business acquisitions(234,001)(11,846)
Capital contributions and advances to real estate ventures(65,684)(28,688)
Distributions, repayments of advances and sale of investments19,4243,994
Net cash used in investing activities(336,163)(59,337)
Cash flows from financing activities:  
Proceeds from borrowings under credit facilities1,264,753962,787
Repayments of borrowings under credit facilities(870,100)(879,000)
Payments of deferred business acquisition obligations(162,639)(101,445)
Debt issuance costs(2,630)(11,455)
Shares repurchased for payment of employee taxes on stock awards(30,194)(19,337)
Excess tax adjustment from share-based payment arrangements17,5245,580
Common stock issued under option and stock purchase programs1,1511,079
Payment of dividends(6,753)(4,490)
Net cash provided by financing activities211,112(46,281)
Net decrease in cash and cash equivalents(166,226)2,454
Cash and cash equivalents, January 1251,89769,263
Cash and cash equivalents, June 3085,67171,717
Cash paid during the period for:  
Interest8,73014,240
Income taxes, net of refunds53,83420,817
Non-cash financing activities:  
Deferred business acquisition obligations143,5260
Provision recorded for potential earn-out obligations$ 14,722$ 0