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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities attributable to continuing operations:    
Net income and comprehensive income $ 20,170 $ 15,997
Less: Loss from discontinued operations, net of tax 3,017 3,238
Net income from continuing operations 23,187 19,235
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Loss on disposal of fixed assets 388 102
Amortization of intangibles 263 124
Depreciation 3,458 2,135
Non-cash compensation expense 7,410 6,371
Deferred income taxes 333 0
Excess tax benefit from stock-based award activity (5,701) (485)
Bad debt expense 378 236
Amortization of debt issuance costs 183 0
Changes in current assets and liabilities:    
Accounts receivable (8,565) (11,805)
Prepaid and other current assets (2,051) (756)
Accounts payable, accrued expenses and other current liabilities (5) 15,272
Income taxes payable 13,261 460
Other, net (645) (207)
Net cash provided by operating activities attributable to continuing operations 33,184 31,096
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (8,017) (4,265)
Acquisition of a business (4,500) (37)
Decrease in restricted cash 2,450 95
Net cash used in investing activities attributable to continuing operations (10,067) (4,207)
Cash flows from financing activities attributable to continuing operations:    
Payments related to net-share settlement of stock-based compensation, net of proceeds from exercise of stock options (3,093) (6,127)
Payment of equity offering costs (23) 0
Payments of debt issuance costs (8) 0
Excess tax benefit from stock-based award activity 5,701 485
Purchase of treasury stock (48,524) (218)
Dividends 0 (105)
Net cash used in financing activities attributable to continuing operations (45,947) (5,965)
Total cash (used in) provided by continuing operations (22,830) 20,924
Net cash used in operating activities attributable to discontinued operations (7,220) (885)
Total cash used in discontinued operations (7,220) (885)
Net (decrease) increase in cash and cash equivalents (30,050) 20,039
Cash and cash equivalents at beginning of period 206,975 86,212
Cash and cash equivalents at end of period $ 176,925 $ 106,251