XML 17 R7.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities:    
Net income $ 9,883 $ 8,822
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 2,948 2,716
Provision for bad debts 4,601 5,259
Stock-based compensation expense 982 991
Deferred income taxes (124) (183)
Impairment of intangibles and other   79
Loss on disposal of assets 204 284
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (12,446) (7,026)
Prepaid expenses and other assets (162) (2,549)
Prepaid income taxes 374 2,478
Accounts payable and accrued expenses 13,110 10,624
Net amounts due to/from governmental entities (2,209) 1,109
Net cash provided by operating activities 17,161 22,604
Investing activities:    
Purchases of property, building and equipment (2,622) (2,958)
Cash paid for acquisitions, primarily goodwill and intangible assets (10,577) (567)
Other 273  
Net cash used in investing activities (12,926) (3,525)
Financing activities:    
Proceeds from line of credit 4,000 0
Payments on line of credit (6,000) (13,000)
Proceeds from employee stock purchase plan 230 210
Payments on debt (56) (57)
Noncontrolling interest distributions (2,185) (2,242)
Excess tax benefits from vesting of stock awards 651 642
Withholding taxes paid on stock-based compensation (1,421) (1,122)
Net cash used in financing activities (4,781) (15,569)
Change in cash (546) 3,510
Cash at beginning of period 6,139 531
Cash at end of period 5,593 4,041
Supplemental disclosures of cash flow information:    
Interest paid 749 447
Income taxes paid $ 4,466 $ 1,787