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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 43,688 $ 39,442
Adjustments to reconcile net income to net cash provided by operating activities:    
Asset impairment   1,630
Depreciation and amortization expense 11,807 3,016
Bad debt expense 7,558 6,556
Compensation expense related to share-based awards 2,857 2,307
Deferred income taxes   741
Changes in operating assets and liabilities (783) 800
Net cash provided by operating activities 65,127 54,492
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investments (100,367) (104,558)
Sales of available-for-sale investments 103,286 74,955
Purchases of property and equipment (1,737) (1,198)
Net cash provided by (used in) investing activities 1,182 (30,801)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of common stock 978 1,520
Purchase of treasury stock (25,192) (6,769)
Payments of employee tax associated with stock compensation (7,544) (3,435)
Payments of cash dividends and dividend equivalents (9,202) (7,197)
Earnout payments for business acquisition (1,757)  
Principal payments for finance lease (1,207)  
Principal payments for failed sale leaseback (489)  
Net cash used in financing activities (44,413) (15,881)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 21,896 7,810
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of the period 131,753 119,021
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of the period $ 153,649 $ 126,831