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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 15,326 $ 13,493
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,569 1,854
Stock-based compensation expense 1,997 1,962
Deferred taxes 2,764 2,623
Provision for bad debts 40 354
Other (307)  
Changes in operating assets and liabilities    
(Increase) decrease in accounts receivable (1,136) 2,777
Decrease in prepaid expenses and other assets 76 1,665
(Decrease) in accrued employee compensation (14,969) (13,608)
(Decrease) in deferred revenue (1,041) (97)
Increase in accounts payable, accrued expenses and other liabilities 4,960 2,351
Net cash provided by operating activities 10,279 13,374
Cash flows from investing activities    
Acquisition of business, net of cash acquired (37,118)  
Securities available-for-sale:    
Proceeds from sales 30,900 13,577
Proceeds from maturities 2,770 7,962
Purchases   (3,714)
Purchases of furniture, equipment and leasehold improvements (794) (607)
Capitalization of software development costs (1,366) (1,298)
Other 64 (28)
Net cash (used in) provided by investing activities (5,544) 15,892
Cash flows from financing activities    
Cash dividend on common stock (5,405) (4,201)
Exercise of stock options 630 326
Withholding tax payments on restricted stock vesting and stock option exercises (5,001) (5,818)
Excess tax benefits from stock-based compensation 1,927 2,163
Repurchase of common stock   (71,116)
Other (78) (72)
Net cash used in financing activities (7,927) (78,718)
Effect of exchange rate changes on cash and cash equivalents 203 (359)
Cash and cash equivalents    
Net decrease for the period (2,989) (49,811)
Beginning of year 128,908 169,620
End of period 125,919 119,809
Cash paid during the period:    
Cash paid for income taxes 829 988
Non-cash investing and financing activity:    
Conversion of common stock non-voting to common stock voting   15,880
Liabilities assumed in connection with the Xtrakter acquisition:    
Fair value of assets acquired 44,486  
Cash paid for the capital stock (37,118)  
Liabilities assumed $ 7,368