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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income $ 51,614 $ 55,833 $ 41,979
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation & amortization 6,929 6,749 8,385
Stock-based compensation expense 5,464 5,997 6,441
Deferred income taxes 1,640 (886) (1,918)
Provision for losses on accounts receivable 552 142 290
Loss on disposal of property and equipment 49 24 98
Excess tax benefits related to stock-based compensation 0 590 413
Changes in operating assets and liabilities:      
(Increase) in trade accounts receivable, net (21,769) (2,501) (23,184)
Decrease (increase) in prepaid expenses & other current assets 2,191 (2,449) (1,082)
(Increase) decrease in other assets (1,509) (51) 20
Increase in accounts payable 15,669 12,119 19,730
Increase in accrued expenses 2,251 2,136 1,234
Increase (decrease) in other current liabilities 522 553 (305)
Increase in other long-term liabilities 1,233 2,903 909
Net cash provided by operating activities 64,836 81,159 53,010
Cash flows from investing activities:      
Purchases of property and equipment (4,771) (5,646) (4,454)
Proceeds from sale of property and equipment 7 8 4
Capitalized internal use software development costs (3,565) (2,576) (992)
Net cash used in investing activities (8,329) (8,214) (5,442)
Cash flows from financing activities:      
Cash dividends on common stock (21,393) (43,301) 0
Cash restricted for payment of dividend 0 0 (36,456)
Proceeds from employee common stock purchases 1,330 1,114 1,131
Tax withholdings related to stock-based compensation awards (2,676) (2,137) (1,838)
Net cash used in financing activities (22,739) (44,324) (37,163)
Net increase in cash 33,768 28,621 10,405
Cash, beginning of period 127,009 98,388 87,983
Cash, end of period 160,777 127,009 98,388
Non-cash investing activities:      
Capital expenditures accrued but not yet paid 855 273 0
Cash payments:      
Income taxes paid, net of refunds 21,303 19,847 27,222
Cash dividends on common stock previously restricted for payment of dividend $ 0 $ 36,456 $ 0