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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income $ 17,475 $ 15,326
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,121 2,569
Stock-based compensation expense 2,316 1,997
Deferred taxes 2,159 2,764
Other 558 (267)
Changes in operating assets and liabilities:    
(Increase) in accounts receivable (4,919) (1,136)
Decrease in prepaid expenses and other assets 1,313 76
(Decrease) in accrued employee compensation (17,628) (14,969)
Increase (decrease) in deferred revenue 9 (1,041)
Increase in accounts payable, accrued expenses and other liabilities 4,743 4,960
Net cash provided by operating activities 10,147 10,279
Cash flows from investing activities    
Acquisition of business, net of cash acquired   (37,118)
Securities available-for-sale:    
Proceeds from sales   30,900
Proceeds from maturities 3,750 2,770
Purchases of furniture, equipment and leasehold improvements (1,622) (794)
Capitalization of software development costs (2,571) (1,366)
Other (6) 64
Net cash (used in ) investing activities (449) (5,544)
Cash flows from financing activities    
Cash dividend on common stock (6,232) (5,405)
Exercise of stock options 419 630
Withholding tax payments on restricted stock vesting and stock option exercises (4,927) (5,001)
Excess tax benefits from stock-based compensation 2,252 1,927
Repurchases of common stock (3,386)  
Other (42) (78)
Net cash (used in) financing activities (11,916) (7,927)
Effect of exchange rate changes on cash and cash equivalents (428) 203
Cash and cash equivalents    
Net (decrease) for the period (2,646) (2,989)
Beginning of period 132,691 128,908
End of period 130,045 125,919
Cash paid during the year    
Cash paid for income taxes 878 829
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