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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income attributable to Ebix, Inc. $ 93,139 $ 100,618 $ 93,847
Net income attributable to noncontrolling (58) 1,965 447
Adjustments to reconcile net income to cash provided by operating activities:      
Reduction of rent expense as a result of purchase accounting adjustment 0 (948) 0
Depreciation and amortization 11,292 11,123 10,746
Provision for doubtful accounts 3,571 1,713 1,515
Provision for deferred taxes, net of acquisitions and effects of currency translation (13,043) (13,667) (6,410)
Unrealized foreign exchange losses 606 1,387 32
Gain on investment interest in IHC/Ebix joint venture 0 0 (1,162)
Amortization of capitalized software development costs 2,233 2,175 1,116
Share-based compensation 2,811 2,818 2,794
Reduction of acquisition earn-out contingent liability (1,391) (164) (1,344)
Changes in current assets and liabilities, net of acquisitions:      
Accounts receivable (10,810) (34,245) (12,659)
Other assets (8,486) (2,133) 1,789
Accounts payable and accrued expenses 6,539 8,906 (3,703)
Accrued payroll and related benefits (788) (3,979) 170
Deferred rent (360) (413) (234)
Reserve for potential uncertain income tax return positions 149 5,879 490
Other liabilities 13,205 252 (3,039)
Deferred revenue (8,740) (4,480) 2,176
Net cash provided by operating activities 89,869 76,807 86,571
Cash flows from investing activities:      
Proceeds from Noncontrolling Interests 4,996 0 0
Investment in EbixHealth JV, net of cash acquired 0 0 (696)
Purchases of marketable securities (4,087)   (2,115)
Maturities of marketable securities   1,201  
Capitalized software development costs (5,745) (2,805) (3,988)
Capital expenditures (10,366) (7,385) (5,977)
Net cash used in investing activities (251,590) (203,071) (20,739)
Cash flows from financing activities:      
Proceeds from / (Repayment) to line of credit, net 150,008 120,500 (52,436)
Proceeds from term loan 175,500 20,000 125,000
Principal payments on term loan obligation (10,016) (13,000) (6,250)
Increase (Decrease) in Short Term Third Party Loans (8,341) 0 0
Increase (Decrease) in Bank Overdrafts (769) 6,162 0
Repurchase of common stock (40,820) (45,732) (59,784)
Payments of long term debt (80) 0 (600)
Payments for capital lease obligations (6) (11) (5)
Proceeds from exercise of common stock options 439 52 824
Forfeiture of certain shares to satisfy exercise costs and the recipients income tax obligations related to stock options exercised and restricted stock vested (467) (398) (998)
Dividends paid (9,316) (9,545) (9,829)
Net cash provided (used) by financing activities 256,132 78,028 (4,078)
Effect of foreign exchange rates on cash and cash equivalents (5,689) 2,162 (1,992)
Net change in cash and cash equivalents, and restricted cash 88,722 (46,074) 59,762
Cash and cash equivalents, and restricted cash at the end of the year 147,766 63,895 114,118
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 159,589 70,867 116,941
Supplemental disclosures of cash flow information:      
Interest paid 25,690 12,552 7,219
Income taxes paid 10,149 10,426 16,634
Oakstone; final purchase allocation adjustments      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (6,554) 0 0
Paul Merchants      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (37,398) 0
CDL (Centrum)      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (176,137) 0 0
Smartclass      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (7,593) 0 0
Hope Health      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 0 (1,643)
Via      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (67,835) 0
Wall Street      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (6,970) 0
YouFirst      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (9,657) 0
ItzCash      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 (69,301) 0
Payment for Contingent Consideration Liability, Investing Activities (3,831) 0 0
Payments to Acquire Business, Held in Escrow (4,000)    
Indus      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (24,261) 0 0
Mercury      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (11,356) 0 0
Miles      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (17,721) 0 0
Leisure      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (1,304) 0 0
AHA Taxis      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (71) 0 0
Routier      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (413) 0 0
Weizmann      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 12,886 0 0
Lawson      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 381 0 0
Business Travels      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired (414) 0 0
Qatarlyst [Member]      
Cash flows from investing activities:      
Payment for Contingent Consideration Liability, Investing Activities 0 (1,921) 0
WDEV      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired 0 0 (6,320)
beBetter      
Cash flows from investing activities:      
Investments in acquired businesses, net of cash acquired $ 0 $ (1,000) $ 0