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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income $ 93,007 $ 71,546
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,546 13,857
Stock-based compensation expense 10,636 9,276
Deferred taxes (1,387) (1,250)
Other 878 1,638
Changes in operating assets and liabilities:    
(Increase) in accounts receivable (16,439) (15,595)
(Increase) in prepaid expenses and other assets (2,151) (347)
(Decrease) in accrued employee compensation (750) (2,472)
(Decrease) in income and other tax liabilities (843) (1,309)
Increase (decrease) in deferred revenue 694 (250)
Increase in accounts payable, accrued expenses and other liabilities 2,646 1,244
Net cash provided by operating activities 23,974 76,338
Available-for-sale investments:    
Proceeds from maturities and sales 32,025 25,048
Purchases (42,495) (57,175)
Purchases of furniture, equipment and leasehold improvements (4,754) (3,730)
Capitalization of software development costs (9,058) (7,517)
Other 383 (141)
Net cash (used in) investing activities (23,899) (43,515)
Cash flows from financing activities    
Cash dividend on common stock (28,914) (22,201)
Exercise of stock options 2,172 1,530
Withholding tax payments on restricted stock vesting and stock option exercises (5,929) (4,450)
Excess tax benefits from stock-based compensation 9,166 4,202
Repurchases of common stock (13,874) (20,025)
Net cash (used in) financing activities (37,379) (40,944)
Effect of exchange rate changes on cash and cash equivalents (980) (427)
Cash and cash equivalents    
Net (decrease) for the period (38,284) (8,548)
Beginning of period 199,728 168,924
End of period 161,444 $ 160,376
Corporate Debt [Member]    
Changes in operating assets and liabilities:    
(Increase) in trading securities (74,535)  
Mutual Funds Held In Rabbi Trust [Member]    
Changes in operating assets and liabilities:    
(Increase) in trading securities $ (1,328)