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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities      
Net income $ 46,584 $ 39,369 $ 40,030
Adjustments to reconcile net income to net cash provided by operating activities:      
Bad debt expense 1,089 268 272
Deferred income taxes 6,535 2,106 4,071
Non-cash equity compensation 9,082 10,850 11,008
Depreciation and amortization 29,119 33,406 23,806
Deferred rent (43) 1,002 2,685
Proceeds from hedge sale 3,600
Other adjustments, net (637) 1,786 (3,015)
Changes in operating assets and liabilities, net of the effect of acquisitions:      
Contract receivables (29,020) (2,713) (2,464)
Prepaid expenses and other assets (2,792) (170) (1,743)
Accounts payable 8,941 (2,374) 9,424
Accrued salaries and benefits 1,140 (13,208) 4,286
Accrued expenses 10,252 (4,522) 683
Deferred revenue (707) 2,367 (2,099)
Income tax receivable and payable (2,447) 8,356 (6,453)
Restricted cash (494) 116 387
Other liabilities (639) (320) (1,718)
Net Cash Provided by Operating Activities 79,563 76,319 79,160
Cash Flows from Investing Activities      
Capital expenditures for property and equipment and capitalized software (13,791) (12,682) (10,635)
Payments for business acquisitions, net of cash received (100) (1,818) (347,871)
Net Cash Used in Investing Activities (13,891) (14,500) (358,506)
Cash Flows from Financing Activities      
Advances from working capital facilities 478,584 381,745 733,032
Payments on working capital facilities (530,728) (420,265) (422,980)
Payments on capital expenditure obligations (4,041) (3,289) (2,339)
Debt issue costs (17) (1,245)
Proceeds from exercise of options 3,034 932 1,831
Tax benefits of stock option exercises and award vesting 1,307 3,543
Net payments for stockholder issuances and buybacks (13,823) (24,861) (28,323)
Net Cash (Used in) Provided by Financing Activities (66,974) (64,448) 283,519
Effect of Exchange Rate Changes on Cash (403) (1,746) (1,004)
(Decrease) Increase in Cash and Cash Equivalents (1,705) (4,375) 3,169
Cash and cash equivalents, beginning of period 7,747 12,122 8,953
Cash and cash equivalents, end of period 6,042 7,747 12,122
Supplemental disclosure of cash flow information:      
Interest 8,937 9,845 2,728
Income taxes 21,094 16,315 24,335
Non-cash investing and financing transactions:      
Capital expenditure obligations $ 12,870