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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net income $ 53,170 $ 52,883
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,954 9,305
Stock-based compensation expense 7,179 6,419
Deferred taxes 1,575 669
Other 1,482 (677)
Changes in operating assets and liabilities:    
(Increase) in accounts receivable (2,321) (4,770)
Decrease in prepaid expenses and other assets 1,245 1,856
(Decrease) in accrued employee compensation (5,617) (494)
(Decrease) increase in income and other tax liabilities (110) 2,270
Increase (decrease) in deferred revenue 558 (1,065)
(Decrease) increase in accounts payable, accrued expenses and other liabilities (1,526) 933
Net cash provided by operating activities 68,589 67,329
Cash flows from investing activities    
Acquisition of business, net of cash acquired   (37,827)
Securities available-for-sale:    
Proceeds from sales   30,900
Proceeds from maturities 13,536 10,690
Purchases (4,181) (49,578)
Purchases of furniture, equipment and leasehold improvements (4,002) (9,357)
Capitalization of software development costs (7,412) (5,406)
Other 595 4
Net cash (used in ) investing activities (1,464) (60,574)
Cash flows from financing activities    
Cash dividend on common stock (18,062) (15,028)
Exercise of stock options 1,390 1,816
Withholding tax payments on restricted stock vesting and stock option exercises (5,008) (5,001)
Excess tax benefits from stock-based compensation 3,203 3,069
Repurchases of common stock (25,442)  
Other (42) (239)
Net cash (used in) financing activities (43,961) (15,383)
Effect of exchange rate changes on cash and cash equivalents (755) (615)
Cash and cash equivalents    
Net increase (decrease) for the period 22,409 (9,243)
Beginning of period 132,691 128,908
End of period 155,100 119,665
Less: Cash classified within assets from discontinued operations   656
End of period cash from continuing operations 155,100 119,009
Cash paid during the year    
Cash paid for income taxes 25,952 17,894
Liabilities assumed in connection with the Xtrakter acquisition:    
Fair value of assets acquired   44,745
Acquisition of business, net of cash acquired   (37,827)
Liabilities assumed   $ 6,918