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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 51,565 $ 32,445 $ 48,097
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 31,465 28,028 24,917
Write-off of accounts receivable 0 0 2,029
Stock-based compensation expense 16,047 11,011 11,832
Unrealized foreign exchange gain (3,798) (424) (7,782)
Deferred income taxes 2,238 76 2,484
Excess tax benefit from stock-based compensation (1,458) (1,181) (1,953)
Others, net (278) 295 343
Change in operating assets and liabilities (net of effect of acquisitions):      
Restricted cash (787) (747) (62)
Accounts receivable (9,087) 3,261 (5,678)
Prepaid expenses and other current assets (3,112) (3,930) (3,418)
Accounts payable 44 (146) (375)
Deferred revenue 2,566 (947) 696
Accrued employee costs 8,528 179 3,306
Accrued expenses and other liabilities (4,699) 8,426 5,565
Advance income tax, net 8,865 (7,841) 2,106
Other assets (1,408) (1,846) 685
Net cash provided by operating activities 96,691 66,659 82,792
Cash flows from investing activities:      
Purchase of fixed assets (25,585) (27,678) (15,916)
Business acquisition (net of cash acquired) (44,270) (58,185) (1,183)
Purchase of short-term investments (129,050) (9,134) (1,927)
Proceeds from redemption of short-term investments 125,365 6,735 1,491
Net cash used for investing activities (73,540) (88,262) (17,535)
Cash flows from financing activities:      
Principal payments on capital lease obligations (720) (967) (1,511)
Proceeds from borrowings 30,000 50,000 0
Repayments of borrowings (10,000) 0 0
Payment for purchase of non-controlling interest 0 0 (27)
Proceeds from non-controlling interest 176 0 0
Payment of debt issuance costs (74) (405) 0
Acquisition of treasury stock (14,195) (3,322) (21,618)
Proceeds from exercise of stock options 3,375 6,459 5,489
Excess tax benefit from stock-based compensation 1,458 1,181 1,953
Net cash (used for)/provided by financing activities 10,020 52,946 (15,714)
Net cash (used for)/provided by financing activities (4,347) (2,909) (4,515)
Net increase in cash and cash equivalents 28,824 28,434 45,028
Cash and cash equivalents, beginning of year 176,499 148,065 103,037
Cash and cash equivalents, end of year 205,323 176,499 148,065
Supplemental disclosure of cash flow information:      
Cash paid for interest 1,188 355 592
Cash paid for taxes, net of refund 11,505 11,204 8,585
Assets acquired under capital lease $ 215 $ 366 $ 288