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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net income $ 28,963 $ 24,593
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,681 4,612
Stock-based compensation expense 3,494 3,042
Deferred taxes 2,331 1,719
Other 329 429
Changes in operating assets and liabilities:    
(Increase) in accounts receivable (12,346) (12,289)
(Increase) in prepaid expenses and other assets (3,000) (541)
(Decrease) in accrued employee compensation (18,386) (16,350)
Increase in income and other tax liabilities 6,026 3,710
Increase in deferred revenue 290 260
Increase in accounts payable, accrued expenses and other liabilities 4,723 849
Net cash (used in) provided by operating activities (57,383) 10,034
Available-for-sale investments:    
Proceeds from maturities 12,000 10,515
Purchases   (8,111)
Purchases of furniture, equipment and leasehold improvements (2,652) (817)
Capitalization of software development costs (3,035) (2,654)
Other 26 19
Net cash provided by (used in) investing activities 6,339 (1,048)
Cash flows from financing activities    
Cash dividend on common stock (9,727) (7,517)
Exercise of stock options 831 692
Withholding tax payments on restricted stock vesting and stock option exercises (5,230) (4,148)
Excess tax benefits from stock-based compensation 4,640 2,671
Repurchases of common stock (1,199) (8,939)
Net cash (used in) financing activities (10,685) (17,241)
Effect of exchange rate changes on cash and cash equivalents (4) 379
Cash and cash equivalents    
Net (decrease) for the period (61,733) (7,876)
Beginning of period 199,728 168,924
End of period 137,995 $ 161,048
Corporate Debt [Member]    
Changes in operating assets and liabilities:    
(Increase) in trading securities (73,235)  
Mutual Funds Held In Rabbi Trust [Member]    
Changes in operating assets and liabilities:    
(Increase) in trading securities $ (1,253)