XML 56 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities    
Net income $ 22,513 $ 25,503
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 5,958 5,801
Provision for bad debts 9,833 8,395
Stock-based compensation expense 2,879 3,398
Deferred income taxes 480 1,552
Loss on sale of assets 17 100
Other intangibles impairment charge   650
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (18,462) (7,084)
Prepaid expenses and other assets (1,114) 2,247
Prepaid income taxes 4,262 13,960
Accounts payable and accrued expenses 645 (6,597)
Net amounts due to/from governmental entities (631) 135
Net cash provided by operating activities 26,380 48,060
Investing activities    
Purchases of property, building and equipment (5,997) (6,508)
Proceeds from sale of assets   25
Cash paid for acquisitions, primarily goodwill and intangible assets (26,920) (6,764)
Net cash (used in) investing activities (32,917) (13,247)
Financing activities    
Proceeds from line of credit 64,500 173,562
Payments on line of credit (60,000) (183,297)
Proceeds from employee stock purchase plan 570 587
Proceeds from debt issuance 1,138  
Noncontrolling interest distributions (6,286) (6,582)
Excess tax benefits from vesting of restricted stock 11  
Redemption of treasury shares (794)  
Purchase of additional controlling interest (1,879) (126)
Payments on repurchase of common stock   (19,017)
Sale of noncontrolling interest   80
Net cash (used in) financing activities (2,740) (34,793)
Change in cash (9,277) 20
Cash at beginning of period 9,720 256
Cash at end of period 443 276
Supplemental disclosures of cash flow information    
Interest paid 1,523 972
Income taxes paid $ 18,123 $ 8,644