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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 68,937,000 $ 58,627,000
Adjustments to reconcile net income to net cash flow from (used in) operating activities:    
Depreciation and amortization 37,887,000 33,154,000
Noncash lease expense 15,855,000 13,357,000
Stock-based compensation expense 7,556,000 5,510,000
Deferred income taxes 3,274,000 2,570,000
Change in allowance for bad debts (999,000) 2,156,000
Contract loss reserve 0 (372,000)
Change in assets and liabilities—net of effects from acquired businesses:    
Receivables—net (56,912,000) (46,198,000)
Prepaid expenses (9,186,000) (18,142,000)
Taxes receivable—current 5,247,000 15,410,000
Other current assets 401,000 1,026,000
Employee supplemental savings plan asset (2,836,000) (100,000)
Other long-term assets (2,415,000) (1,455,000)
Accounts payable 30,392,000 1,082,000
Operating lease obligations (17,573,000) (14,286,000)
Contract liabilities (6,159,000) 20,146,000
Accrued expenses and other current liabilities (5,896,000) 1,114,000
Accrued salaries and related expenses 1,330,000 17,613,000
Accrued retirement (1,977,000) (4,027,000)
Other long-term liabilities (66,000) 17,687,000
Other (312,000) (195,000)
Net cash flow from operating activities 66,548,000 104,677,000
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Purchases of property and equipment (31,077,000) (45,600,000)
Proceeds from corporate owned life insurance 227,000 4,137,000
Investment in capitalized software 0 (5,016,000)
Proceeds from sale of property and equipment 0 869,000
Net cash used in investing activities (30,850,000) (45,610,000)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Borrowing under revolving credit facility 164,000,000 261,500,000
Repayments under revolving credit facility (149,000,000) (278,000,000)
Dividends paid (30,866,000) (25,782,000)
Proceeds from exercise of stock options 6,433,000 4,882,000
Payment consideration to tax authority on employees' behalf (2,493,000) (777,000)
Principal paid on financing leases (91,000) (76,000)
Net cash flow used in financing activities (12,017,000) (38,253,000)
NET CHANGE IN CASH AND CASH EQUIVALENTS 23,681,000 20,814,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 41,193,000 8,854,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 64,874,000 29,668,000
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 664,000 1,256,000
Cash paid for income taxes, net of refunds 12,864,000 (1,493,000)
Noncash investing and financing activities:    
Operating lease obligations arising from obtaining right of use assets 9,496,000 303,000
Finance lease obligations arising from obtaining right of use assets 62,000 63,000
Noncash investing activities $ (764,000) $ 2,528,000