XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Statement of Cash Flows [Abstract]    
Payments for (Proceeds from) Tenant Allowance $ 1,128 $ 0
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income 15,070 22,418
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 732 606
Amortization of intangible assets 1,470 951
Unrealized gains on trading investments (676) 484
Stock based compensation expense 12,164 12,560
Deferred income taxes 114 (1,923)
Excess tax benefits from stock based compensation (165) (1,432)
Net sales of investments - trading securities 23,147 22,679
Other Operating Activities, Cash Flow Statement 275 (3)
Change in operating assets and liabilities:    
Accounts receivable (2,711) (5,332)
Other current assets 900 236
Accounts payable and accrued liabilities (82) 537
Compensation and benefits payable (6,758) (2,052)
Income taxes payable (4,637) 1,899
Other liabilities 154 (28)
Net cash provided by operating activities 38,997 51,600
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (1,680) (704)
Payments to Acquire Businesses, Net of Cash Acquired 0 24,133
Net cash used in investing activities (1,680) (24,837)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchases of treasury stock (5,629) 0
Payment for Repurchases of Stock for Benefit Plan (614) (1,327)
Restricted stock returned for payment of taxes (3,710) (5,621)
Excess tax benefits from stock based compensation 165 1,432
Other Payments to Acquire Businesses (5,562)  
Cash dividends (14,827) (13,065)
Net cash used in financing activities (30,177) (18,581)
Effect of currency rate changes on cash 812 (2,430)
NET INCREASE IN CASH AND CASH EQUIVALENTS 7,952 5,752
Cash and cash equivalents, beginning of period 22,740 18,131
Cash and cash equivalents, end of period 30,692 23,883
Supplemental cash flow information:    
Cash paid during the period for income taxes 12,632 11,664
Common stock issued for acquisition 3,734 5,292
DividendsAccrued 7,682 6,452
Capital Expenditures Incurred but Not yet Paid $ 0 $ 0