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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities    
Net income $ 35,806 $ 33,911
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash equity compensation 8,158 7,674
Depreciation and amortization 21,655 21,620
Facilities consolidation reserve 1,351  
Deferred taxes and other adjustments, net 7,473 5,223
Changes in operating assets and liabilities:    
Contract receivables, net (3,876) (18,286)
Prepaid expenses and other assets (2,835) (4,875)
Accounts payable (8,822) (4,387)
Accrued salaries and benefits 14,795 18,921
Accrued expenses and other current liabilities (9,996) 3,779
Deferred revenue 4,470 160
Income tax receivable and payable (1,710) (5,567)
Other liabilities 3,815 (386)
Net Cash Provided by Operating Activities 70,284 57,787
Cash Flows from Investing Activities    
Capital expenditures for property and equipment and capitalized software (8,475) (10,654)
Payments for business acquisitions, net of cash received (92)  
Net Cash Used in Investing Activities (8,567) (10,654)
Cash Flows from Financing Activities    
Advances from working capital facilities 460,875 360,947
Payments on working capital facilities (490,184) (391,285)
Payments on capital expenditure obligations (3,394) (3,030)
Debt issue costs (1,591)  
Proceeds from exercise of options 4,722 2,104
Net payments for stockholder issuances and buybacks (32,934) (13,408)
Net Cash Used in Financing Activities (62,506) (44,672)
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 640 (596)
(Decrease) Increase in Cash, Cash Equivalents, and Restricted Cash (149) 1,865
Cash, Cash Equivalents, and Restricted Cash, Beginning of Period 7,885 9,109
Cash, Cash Equivalents, and Restricted Cash, End of Period 7,736 10,974
Supplemental Disclosure of Cash Flow Information    
Interest 6,042 6,085
Income taxes $ 15,085 $ 15,137