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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income $ 109,872 $ 124,622
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31,922 28,888
Stock-based compensation expense 36,980 29,425
Excess tax benefits from stock-based compensation (11,222) (19,275)
Deferred taxes (5,724) (1,299)
Amortization of debt issue costs 2,392 1,572
Changes in assets and liabilities, net of acquisitions:    
Fees receivable, net 57,045 37,365
Deferred commissions 18,251 24,546
Prepaid expenses and other current assets (42,347) (23,831)
Other assets (12,878) (1,303)
Deferred revenues 109,595 92,593
Accounts payable, accrued, and other liabilities (27,579) (17,694)
Cash provided by operating activities 266,307 275,609
Investing activities:    
Additions to property, equipment and leasehold improvements (36,067) (25,516)
Acquisitions - cash paid (net of cash acquired) (169,853) (107,528)
Acquisitions - increase in restricted cash (escrow) (25,625) (14,363)
Cash used in investing activities (231,545) (147,407)
Financing activities:    
Proceeds from stock issued under stock plans 5,583 6,365
Proceeds from debt issuance 450,000 174,375
Payments on debt (15,000) (9,375)
Purchases of treasury stock (453,000) (387,126)
Excess tax benefits from stock-based compensation 11,222 19,275
Cash used in financing activities (1,195) (196,486)
Net increase (decrease) in cash and cash equivalents 33,567 (68,284)
Effects of exchange rates on cash and cash equivalents (27,625) (14,486)
Cash and cash equivalents, beginning of period 365,302 423,990
Cash and cash equivalents, end of period $ 371,244 $ 341,220