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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 14,829 $ 14,832
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,310 3,368
(Gain) loss on write-down / disposal of property and equipment, net (13) 17
Loss on disposal of intangibles 216 211
Bond premium amortization 1,252 675
Stock-based compensation 5,086 4,121
Deferred income taxes (888) 9,862
Unrecognized tax benefits (273) (1,713)
Excess tax benefit from stock-based compensation (6,314) (5,849)
Change in assets and liabilities:    
Accounts and notes receivable 7,718 (4,611)
Inventory (37) (5,019)
Prepaid expenses and other assets (5,520) (1,063)
Accounts payable, accrued and other liabilities 1,697 (1,188)
Deferred revenue 10,667 9,780
Customer deposits (416) (785)
Net cash provided by operating activities 30,314 22,638
Cash flows from investing activities:    
Purchases of investments (50,598) (23,613)
Proceeds from call / maturity of investments 32,719 8,668
Purchases of property and equipment (3,839) (2,066)
Proceeds from disposal of fixed assets 13 10
Purchases of intangible assets (402) (125)
Business acquisitions, net of cash acquired (11,186)  
Net cash used in investing activities (33,293) (17,126)
Cash flows from financing activities:    
Repurchase of common stock (7,556) (22,442)
Proceeds from options exercised 2,573 8,597
Payroll tax payments for net-settled stock awards (848) (1,262)
Payments on capital lease obligation (28) (26)
Payments on notes payable (26) 0
Excess tax benefit from stock-based compensation 6,314 5,849
Net cash provided by (used in) financing activities 429 (9,284)
Effect of exchange rate changes on cash and cash equivalents 70 116
Net decrease in cash and cash equivalents (2,480) (3,656)
Cash and cash equivalents, beginning of period 48,367 42,271
Cash and cash equivalents, end of period 45,887 38,615
Supplemental disclosure:    
Cash paid for income taxes, net of refunds 5,830 403
Non-cash transactions    
Property and equipment purchases in accounts payable and accrued liabilities $ 195 $ 158