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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities    
Net income $ 13,493 $ 10,780
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,854 1,562
Stock-based compensation expense 1,962 2,290
Deferred taxes 2,623 4,030
Provision for bad debts 354 (64)
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable 2,777 (4,318)
Decrease (increase) in prepaid expenses and other assets 1,665 (898)
(Decrease) in accrued employee compensation (13,608) (11,819)
(Decrease) increase in deferred revenue (97) 108
Increase (decrease) in accounts payable, accrued expenses and other liabilities 2,351 (605)
Net cash provided by operating activities 13,374 1,066
Securities available-for-sale:    
Proceeds from sales 13,577  
Proceeds from maturities 7,962 4,331
Purchases (3,714) (11,625)
Securities and cash provided as collateral (28) (28)
Purchases of furniture, equipment and leasehold improvements (607) (498)
Capitalization of software development costs (1,298) (842)
Net cash provided by (used in) investing activities 15,892 (8,662)
Cash flows from financing activities    
Cash dividend on common stock (4,201) (3,388)
Exercise of stock options 354 4,608
Withholding tax payments on restricted stock vesting 5,818 4,417
Excess tax benefits from stock-based compensation 2,163 2,829
Repurchase of common stock (71,116)  
Other (72) (68)
Net cash (used in) financing activities (78,718) (436)
Effect of exchange rate changes on cash and cash equivalents (359) (395)
Cash and cash equivalents    
Net (decrease) for the period (49,811) (8,427)
Beginning of period 169,620 124,994
End of period 119,809 116,567
Cash paid during the year    
Cash paid for income taxes 988 300
Non-cash activity    
Conversion of Series B Preferred Stock to common stock   30,315
Conversion of common stock non-voting to common stock voting $ 15,880