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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 51,366 $ 46,088
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation 12,993 13,631
Amortization 18,211 15,817
Change in deferred income taxes 1,728 (2,682)
Excess tax benefits from stock-based compensation, Operating Activities (114) (3,801)
Expense for stock-based compensation 1,970 2,068
Gain/loss on disposal of assets 86 (56)
Changes in operating assets and liabilities:    
Change in receivables 97,926 64,931
Change in prepaid expenses, deferred costs and other (20,167) (26,225)
Change in accounts payable (1,817) (2,200)
Change in accrued expenses (11,453) (4,680)
Change in income taxes 15,669 24,329
Change in deferred revenues (39,702) (34,072)
Net cash from operating activities 126,696 93,148
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payment for acquisitions, net of cash acquired (8,275) 0
Capital expenditures (12,908) (21,485)
Proceeds from sale of assets 38 58
Internal use software (4,402) (3,455)
Computer software developed (23,015) (17,999)
Net cash from investing activities (48,562) (42,881)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments on credit facilities (51,590) (170)
Purchase of treasury stock (69,242) (60,544)
Dividends paid (20,200) (18,042)
Excess tax benefits from stock-based compensation, Financing Activities 114 3,801
Proceeds from issuance of common stock upon exercise of stock options 1 161
Minimum tax withholding payments related to option exercises (2,440) (7,602)
Proceeds from sale of common stock, net 1,395 1,154
Net cash from financing activities (141,962) (81,242)
NET CHANGE IN CASH AND CASH EQUIVALENTS (63,828) (30,975)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 148,313 70,377
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 84,485 $ 39,402