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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net income $ 188,016 $ 196,758
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 27,045 25,631
Amortization and impairment of intangible assets 7,320 8,515
Acquisition-related contingent consideration 863 (1,014)
Provision for expected credit losses 13,101 14,816
Share-based compensation 18,491 17,150
Amortization of debt discount and issuance costs and other 1,588 8,551
Deferred income taxes (9,140) 5,128
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable, billed and unbilled (251,280) (115,544)
Notes receivable 838 4,392
Prepaid expenses and other assets (3,066) 1,145
Accounts payable, accrued expenses and other 21,936 (22,745)
Income taxes 3,940 18,025
Accrued compensation (67,763) 2,803
Billings in excess of services provided 7,672 (7,691)
Net cash provided by (used in) operating activities (40,439) 155,920
Investing activities    
Payments for acquisition of businesses, net of cash received (6,742) (9,833)
Purchases of property and equipment and other (38,935) (52,441)
Net cash used in investing activities (45,677) (62,274)
Financing activities    
Borrowings under revolving line of credit 165,000 377,500
Repayments under revolving line of credit (165,000) (352,500)
Purchase and retirement of common stock (23,530) (46,133)
Share-based compensation tax withholdings and other (15,663) (8,277)
Payments for business acquisition liabilities (4,848) (7,496)
Deposits and other 7,092 1,928
Net cash used in financing activities (36,949) (34,978)
Effect of exchange rate changes on cash and cash equivalents (44,373) (11,094)
Net increase (decrease) in cash and cash equivalents (167,438) 47,574
Cash and cash equivalents, beginning of period 494,485 294,953
Cash and cash equivalents, end of period 327,047 342,527
Supplemental cash flow disclosures    
Cash paid for interest 8,012 8,756
Cash paid for income taxes, net of refunds 51,353 31,240
Non-cash investing and financing activities:    
Issuance of stock units under incentive compensation plans 1,664 2,603
Business acquisition liabilities not yet paid 5,593 0
Non-cash additions to property and equipment $ 4,970 $ 4,435