XML 18 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Income from continuing operations $ 41,650 $ 28,752 $ 29,146
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and Amortization Expense 11,955 9,571 8,325
Provision for bad debts 19,243 15,780 13,929
Stock-based compensation expense 4,225 4,094 3,886
Deferred income taxes 1,518 2,402 2,351
Impairment of intangibles and other 1,990 3,650 520
Changes in operating assets and liabilities, net of acquisitions:      
Receivables (27,951) (16,372) (18,961)
Prepaid expenses and other assets (3,793) 191 (749)
Prepaid income taxes 441 911 3,299
Accounts payable and accrued expenses 10,526 (10,460) 4,395
Net amounts due to/from governmental entities 130 138 (226)
Net cash provided by (used in) operating activities 59,934 38,657 45,915
Investing activities      
Cash paid for acquisitions, primarily goodwill and intangible assets (70,572) (73,933) (26,920)
Purchases of property, building and equipment (13,283) (8,105) (8,343)
Net cash (used in) investing activities (83,855) (82,038) (35,263)
Financing activities      
Proceeds from line of credit 83,000 75,000 73,000
Payments on line of credit (45,000) (37,000) (70,500)
Excess tax benefits from vesting of restricted stock 914 124 18
Proceeds from issuance of common stock under ESPP 782 782 786
Proceeds from debt issuance 0 0 1,212
Payments on debt (233) (202) 0
Noncontrolling interest distributions (8,324) (6,843) (8,126)
Payments of deferred financing fees 0 (852) 0
Purchase of Additional Controlling Interest (275) (359) (1,879)
Sale of noncontrolling interest 0 193 0
Redemption of treasury stock to pay income tax (1,479) (945) (869)
Proceeds from Stock Options Exercised 144 0 0
Net cash provided by (used in) financing activities 29,529 29,898 (6,358)
Change in cash 5,608 (13,483) 4,294
Cash at beginning of period 531 14,014  
Cash at end of period 6,139 531 14,014
Supplemental disclosures of cash flow information      
Interest paid 1,870 2,461 1,961
Income taxes paid $ 20,361 $ 11,781 $ 21,606