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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 28,967 $ 14,999
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,352 1,202
Net foreign currency (gains) losses (660) 564
Stock-based compensation 4,204 4,387
Deferred income taxes 15,560 8,618
Provision for bad debts (1,329) 20
Excess tax benefits from stock-based compensation (72) (41)
Other non-cash operating activities 462 73
Changes in assets and liabilities:    
Accounts receivable 14,990 1,152
Unbilled services 527 194
Prepaid expenses, prepaid income taxes, and other assets 1,242 870
Installments receivable 253 3,029
Accounts payable, accrued expenses, and other liabilities (7,889) (9,477)
Deferred revenue (17,664) 323
Net cash provided by operating activities 39,943 25,913
Cash flows from investing activities:    
Purchase of marketable securities (11,985) (7,974)
Maturities of marketable securities 14,513 4,538
Purchase of property, equipment and leasehold improvements (2,891) (915)
Capitalized computer software development costs (136) (219)
Net cash used in investing activities (499) (4,570)
Cash flows from financing activities:    
Exercise of stock options 1,050 2,933
Repurchases of common stock (45,000) (28,919)
Payment of tax withholding obligations related to restricted stock (1,411) (2,449)
Excess tax benefits from stock-based compensation 72 41
Net cash used in financing activities (45,289) (28,394)
Effect of exchange rate changes on cash and cash equivalents (547) 223
Decrease in cash and cash equivalents (6,392) (6,828)
Cash and cash equivalents, beginning of period 199,526 132,432
Cash and cash equivalents, end of period 193,134 125,604
Supplemental disclosure of cash flow information:    
Income taxes paid, net 1,551 1,330
Interest paid $ 3 $ 18