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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities    
Net income $ 15,318 $ 12,417
Adjustments to reconcile net income to net cash used in operating activities:    
Bad debt expense (159) 628
Deferred income taxes 3,144 2,640
Non-cash equity compensation 4,151 2,391
Depreciation and amortization 6,897 6,712
Facilities consolidation reserve (67) (64)
Amortization of debt issuance costs 127 130
Other adjustments, net (264) (535)
Changes in operating assets and liabilities:    
Net contract assets and liabilities (23,152) (11,413)
Contract receivables 8,236 3,319
Prepaid expenses and other assets 1,353 (5,107)
Accounts payable (15,561) (6,942)
Accrued salaries and benefits 5,913 834
Accrued subcontractors and other direct costs (8,796) (13,540)
Accrued expenses and other current liabilities (8,705) 4,457
Income tax receivable and payable (757) (2,120)
Other liabilities (366) 346
Net Cash Used in Operating Activities (12,688) (5,847)
Cash Flows from Investing Activities    
Capital expenditures for property and equipment and capitalized software (7,539) (3,236)
Payments for business acquisitions, net of cash received (1,819) (11,835)
Net Cash Used in Investing Activities (9,358) (15,071)
Cash Flows from Financing Activities    
Advances from working capital facilities 163,240 138,240
Payments on working capital facilities (131,346) (112,999)
Payments on capital expenditure obligations   (814)
Debt issue costs   (21)
Proceeds from exercise of options 404 1,800
Dividends paid (2,636)  
Net payments for stockholder issuances and buybacks (15,218) (9,109)
Net Cash Provided by Financing Activities 14,444 17,097
Effect of Exchange Rate Changes on Cash, Cash Equivalents, and Restricted Cash 305 120
Decrease in Cash, Cash Equivalents, and Restricted Cash (7,297) (3,701)
Cash, Cash Equivalents, and Restricted Cash, Beginning of Period 12,986 24,266
Cash, Cash Equivalents, and Restricted Cash, End of Period 5,689 20,565
Supplemental Disclosure of Cash Flow Information    
Interest 1,597 1,596
Income taxes $ 1,066 $ 615