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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Net income $ 60,069 $ 47,704 $ 31,428
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 8,233 6,781 6,350
Stock-based compensation expense 8,385 6,859 8,969
Deferred taxes (643) 16,129 15,767
Provision for bad debts 519 1,177 602
Other 685   (411)
Changes in operating assets and liabilities:      
Decrease (increase) in accounts receivable 4,607 (11,665) (3,134)
Decrease (Increase) in prepaid expenses and other assets 412 (4,074) 57
Increase in accrued employee compensation 491 1,634 2,634
(Decrease) increase in deferred revenue (462) 755 309
(Decrease) increase in accounts payable, accrued expenses and other liabilities (714) 178 1,575
Net cash provided by operating activities 81,582 65,478 64,146
Securities available-for-sale:      
Proceeds from sales 23,663   15,377
Proceeds from maturities 18,313 27,419 49,988
Purchases (16,543) (32,302) (66,008)
Securities and cash (provided) received as collateral (43) 3,532 32
Purchases of furniture, equipment and leasehold improvements (5,153) (3,160) (5,205)
Capitalization of software development costs (5,207) (4,065) (1,904)
Net cash provided by (used in) investing activities 15,030 (8,576) (7,720)
Cash flows from financing activities      
Cash dividend on common stock and Series B Preferred Stock (64,041) (13,683) (10,630)
Exercise stock options 8,525 6,807 6,761
Excess tax benefits from stock-based compensation 14,775 7,305 1,619
Withholding tax payments on restricted stock vesting and stock option exercises (20,003) (4,415) (2,055)
Repurchase of common stock (75,133) (6,935) (30,000)
Other (298) (278) 456
Net cash (used in) financing activities (136,175) (11,199) (33,849)
Effect of exchange rate changes on cash and cash equivalents (1,149) (1,077) (924)
Cash and cash equivalents      
Net (decrease) increase for the period (40,712) 44,626 21,653
Beginning of period 169,620 124,994 103,341
End of period 128,908 169,620 124,994
Cash paid during the year      
Cash paid for income taxes 15,102 10,177 2,228
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