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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net income $ 37,506 $ 33,335
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,539 12,831
Share-based Compensation 6,159 5,260
Deferred taxes 715 495
Loss on impairment of assets 455
Amortization of held-to-maturity securities 851 881
Other 21 (1,381)
Changes in operating assets and liabilities:    
Accounts receivable (10,679) (1,626)
Inventories (188) (203)
Prepaid expenses and other (1,147) (1,107)
Income taxes 4,158 8,114
Accounts payable 1,387 (2,043)
Accrued liabilities and other 6,678 3,131
Net cash provided by operating activities 59,000 58,142
Investing activities    
Purchases of property and equipment (24,164) (30,981)
Purchases of marketable securities (20,037) (56,213)
Proceeds from maturities of marketable securities 34,090 45,907
Purchases of other investments (514)
Net cash used in investing activities (10,625) (41,287)
Financing activities    
Acquisition-related contingent consideration (400)
Proceeds from exercises of stock options and other 5,749 4,168
Repurchases of common stock (4,410)
Net cash provided by financing activities 1,339 3,768
Effect of exchange rate changes on cash and cash equivalents 774 (58)
Net increase in cash and cash equivalents 50,488 20,565
Cash and cash equivalents, beginning of period 68,795 47,653
Cash and cash equivalents, end of period $ 119,283 $ 68,218