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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net income $ 10,340 $ 8,793
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,889 4,589
Stock-based compensation 1,502 1,394
Investment (income)/loss (600) 38
Deferred income taxes 1,975 632
Other 279 25
Changes in operating assets and liabilities:    
Accounts receivable, net of allowance for bad debt (643) (3,111)
Prepaid expenses and other assets 4,031 (800)
Income tax receivable (981) 82
Accounts payable 907 (4,778)
Accrued liabilities 2,182 346
Deferred revenue (3,829) (64)
Net cash provided by operating activities 20,052 7,146
Investing activities    
Capital expenditures (3,139) (5,288)
Equity investment (950) 0
Capitalized program development costs and other assets (82) (138)
Net cash used in investing activities (4,171) (5,426)
Financing activities    
Cash paid for repurchase of common stock (630) (4,668)
Excess (tax)/tax benefit from stock-based compensation (1,000) (349)
Net cash used in financing activities (1,630) (5,017)
Net increase/(decrease) in cash and cash equivalents 14,251 (3,297)
Cash and cash equivalents at beginning of period 105,734 115,634
Cash and cash equivalents at end of period 119,985 112,337
Supplemental disclosure of cash flow information    
Income taxes paid $ 6,956 $ 5,285