XML 47 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net income and comprehensive income $ 50,516 $ 47,785 $ 40,092
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 54,836 22,435 15,908
Stock-based compensation expense 9,116 8,376 7,544
Excess tax benefit from exercised stock options (12,433) (12,051) (12,581)
Deferred income taxes (6,323) 1,818 2,316
Allowance for doubtful debts 3,654 359 197
Change in fair value of contingent consideration (2,300) (273) 273
Loss on disposal of fixed assets 290 267 23
Changes in assets and liabilities:      
Accounts receivable (36,382) (31,931) (9,657)
Prepaid expenses (7,670) (1,081) 664
Prepaid income taxes 14,326 14,288 13,282
Other current assets 667 (538) (304)
Other assets (127) 113 90
Accounts payable, accrued expenses and other liabilities 462 (218) 4,078
Estimated liability for appeals 14,407 7,380  
Net cash provided by operating activities 83,039 56,729 61,925
Investing activities:      
Investment in certificate of deposit   (4,809)  
Proceeds from redemption of certificate of deposit 4,809    
Purchases of property and equipment (25,222) (18,477) (15,603)
Purchase of building and land     (9,886)
Investment in common stock (3,024)    
Acquisitions, net (12,393) (350,578) (26,149)
Investment in capitalized software (2,244) (1,857) (2,023)
Net cash used in investing activities (38,074) (375,721) (53,661)
Financing activities:      
Repayment of term loan (17,500) (39,480)  
Proceeds from term loan   337,292  
Deferred financing costs   (292)  
Purchases of treasury stock (10,617)    
Payments on contingent consideration (250)    
Proceeds from exercise of stock options 11,973 12,744 9,128
Payments on capital lease obligations (996)    
Payments of tax withholdings on behalf of employees for net-share settlement for stock-based compensation (1,784) (1,156)  
Excess tax benefit from exercised stock options 12,433 12,051 12,581
Net cash (used in )/provided by financing activities (6,741) 321,159 21,709
Net increase in cash and cash equivalents 38,224 2,167 29,973
Cash and cash equivalents at beginning of year 97,003 94,836 64,863
Cash and cash equivalents at end of year 135,227 97,003 94,836
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 20,490 17,474 10,949
Cash paid for interest 13,236 109 70
Supplemental disclosure of noncash investing activities:      
Tenant improvement allowance     202
Accrued property and equipment purchases 4,439 5,294 2,804
Accrued acquisition related contingent consideration     2,573
Issuance of replacement awards in connection with HDI acquisition   3,799  
Equipment purchased through capital leases $ 2,127