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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income $ 216,726 $ 150,611 $ 107,962
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 30,153 31,536 31,177
Amortization and impairment of other intangible assets 8,152 8,162 10,563
Acquisition-related contingent consideration 2,372 479 2,291
Provision for doubtful accounts 19,602 17,872 15,386
Share-based compensation 17,978 15,577 16,030
Amortization of debt discount and issuance costs 11,615 5,456 1,984
Loss on early extinguishment of debt 0 9,072 0
Gain on sale of business 0 (13,031) 0
Deferred income taxes (3,712) 20,831 (51,579)
Other 302 769 611
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable, billed and unbilled (141,894) (72,034) (50,831)
Notes receivable 10,445 8,987 14,928
Prepaid expenses and other assets (22,648) (2,258) 629
Accounts payable, accrued expenses and other (8,907) 8,908 4,421
Income taxes 24,496 (8,890) 25,811
Accrued compensation 61,339 52,510 1,795
Billings in excess of services provided (8,133) (3,885) 16,447
Net cash provided by operating activities 217,886 230,672 147,625
Investing activities      
Proceeds from sale of business 0 50,283 0
Payments for acquisition of businesses, net of cash received (18,791) 0 (8,929)
Purchases of property and equipment (42,072) (32,270) (32,004)
Other 257 731 295
Net cash provided by (used in) investing activities (60,606) 18,744 (40,638)
Financing activities      
Borrowings under revolving line of credit 45,000 233,500 422,000
Repayments under revolving line of credit (45,000) (333,500) (392,000)
Proceeds from issuance of convertible notes 0 316,250 0
Payments of long-term debt 0 (300,000) 0
Payments of debt issue and debt prepayment costs 0 (16,149) 0
Purchase and retirement of common stock (105,797) (55,738) (168,094)
Net issuance of common stock under equity compensation plans 3,171 38,475 (504)
Payments for business acquisition liabilities (2,282) (3,029) (5,161)
Deposits and other 1,597 2,672 2,825
Net cash used in financing activities (103,311) (117,519) (140,934)
Effect of exchange rate changes on cash and cash equivalents 3,335 (9,789) 7,750
Net increase (decrease) in cash and cash equivalents 57,304 122,108 (26,197)
Cash and cash equivalents, beginning of period 312,069 189,961 216,158
Cash and cash equivalents, end of period 369,373 312,069 189,961
Supplemental cash flow disclosures      
Cash paid for interest 7,606 21,687 23,285
Cash paid for income taxes, net of refunds 50,941 45,568 4,929
Non-cash investing and financing activities:      
Issuance of stock units under incentive compensation plans 1,413 1,059 1,547
Business acquisition liabilities not yet paid $ 9,746 $ 0 $ 3,426