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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 26,253 $ 9,463
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 4,685 7,786
Bad debt expense 13,679 15,112
Compensation expense related to share-based awards 2,698 2,326
Deferred income taxes 6,641 8,744
Changes in operating assets and liabilities (39,202) (77,677)
Net cash provided by (used in) operating activities 14,754 (34,246)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of available-for-sale investments (101,043) (145,088)
Sales of available-for-sale investments 106,139 169,480
Purchases of property and equipment (2,737) (2,146)
Net cash provided by investing activities 2,359 22,246
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of common stock 1,170 2,459
Payments of employee tax associated with stock compensation (3,218) (1,101)
Net cash (used in) provided by financing activities (2,048) 1,358
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS:   33
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 15,065 (10,609)
CASH AND CASH EQUIVALENTS, beginning of the period 18,899 50,882
CASH AND CASH EQUIVALENTS, end of the period $ 33,964 $ 40,273