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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net income $ 62,089 $ 48,831
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,221 9,215
Stock-based compensation expense 6,937 6,025
Deferred taxes 307 858
Other 646 1,201
Changes in operating assets and liabilities:    
(Increase) in accounts receivable (22,677) (13,197)
(Increase) in prepaid expenses and other assets (3,574) (5,907)
(Decrease) in accrued employee compensation (9,084) (9,201)
(Decrease) increase in income and other tax liabilities (1,856) 1,336
Increase in deferred revenue 294 185
Increase in accounts payable, accrued expenses and other liabilities 2,708 1,249
Net cash (used in) provided by operating activities (28,669) 40,595
Available-for-sale investments:    
Proceeds from maturities 20,000 15,328
Purchases (8,065) (19,098)
Purchases of furniture, equipment and leasehold improvements (3,904) (2,345)
Capitalization of software development costs (6,142) (4,816)
Other 99 (4)
Net cash provided by (used in) investing activities 1,988 (10,935)
Cash flows from financing activities    
Cash dividend on common stock (19,313) (14,862)
Exercise of stock options 2,138 990
Withholding tax payments on restricted stock vesting and stock option exercises (5,585) (4,243)
Excess tax benefits from stock-based compensation 8,573 3,755
Repurchases of common stock (5,400) (14,464)
Net cash (used in) financing activities (19,587) (28,824)
Effect of exchange rate changes on cash and cash equivalents (185) (497)
Cash and cash equivalents    
Net (decrease) increase for the period (46,453) 339
Beginning of period 199,728 168,924
End of period 153,275 $ 169,263
Corporate Debt [Member]    
Changes in operating assets and liabilities:    
(Increase) in trading securities (72,396)  
Mutual Funds Held In Rabbi Trust [Member]    
Changes in operating assets and liabilities:    
(Increase) in trading securities $ (1,284)