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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities    
Net income $ 10,177 $ 9,891
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash equity compensation 2,618 2,641
Depreciation and amortization 7,253 7,147
Other adjustments, net 5,944 1,152
Changes in operating assets and liabilities, net of the effect of acquisitions:    
Contract receivables, net 3,094 (19,460)
Prepaid expenses and other assets (2,170) (5,812)
Accounts payable (16,583) (12,441)
Accrued salaries and benefits 6,058 5,154
Accrued expenses and other current liabilities (7,304) (3,848)
Deferred revenue (2,206) (812)
Income tax receivable and payable (1,475) 3,645
Restricted cash 603 (12)
Other liabilities 696 (622)
Net Cash Provided by (Used in) Operating Activities 6,705 (13,377)
Cash Flows from Investing Activities    
Capital expenditures for property and equipment and capitalized software (2,571) (4,184)
Payments for business acquisitions, net of cash received (91)
Net Cash Used in Investing Activities (2,662) (4,184)
Cash Flows from Financing Activities    
Advances from working capital facilities 127,179 123,279
Payments on working capital facilities (110,725) (96,881)
Payments on capital expenditure obligations (1,454) (1,010)
Proceeds from exercise of options 2,095
Net payments for stockholder issuances and buybacks (19,014) (6,664)
Net Cash (Used in) Provided by Financing Activities (1,919) 18,724
Effect of exchange rate changes on cash 41 449
Increase in Cash and Cash Equivalents 2,165 1,612
Cash and Cash Equivalents, Beginning of Period 6,042 7,747
Cash and Cash Equivalents, End of Period 8,207 9,359
Supplemental Disclosure of Cash Flow Information    
Interest 1,988 1,485
Income taxes $ 1,296 $ 587