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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 14,514 $ 17,378
Adjustments to reconcile net income to cash provided by operating activities:    
Deferred income tax provision, net 2,199 1,270
Provision for bad debts on accounts receivable 774 1,403
Depreciation and amortization 4,600 4,828
Stock-based compensation expense 3,706 2,913
Defined benefit pension plans expense 954 968
Excess tax benefit attributable to stock-based compensation (294) (311)
Loss on deferred compensation plan investments, net 303 135
Contingent consideration liability remeasurement 0 524
Other 124 124
(Increase) decrease in operating assets    
Trade receivables, net (17,498) (11,977)
Income tax refund receivable (440) 1,317
Prepaid expenses and other current assets (3,694) (205)
Other assets, net 83 (260)
Increase (decrease) in operating liabilities    
Accounts payable and other current liabilities 1,097 2,368
Accrued payroll costs 8,620 3,854
Income taxes payable 1,125 1,052
Other long-term liabilities (516) 622
Cash provided by operating activities 15,657 26,003
Cash flows from investing activities:    
Capital expenditures (3,182) (3,604)
Proceeds from the disposition of assets held within the Rabbi Trust 0 445
Purchase of assets held within the Rabbi Trust 0 (481)
Cash used in investing activities (3,182) (3,640)
Cash flows from financing activities:    
Proceeds from credit facility 455,028 316,481
Payments on credit facility (439,715) (316,193)
Proceeds from other financing arrangements 856 0
Payments on other financing arrangements (937) (630)
Proceeds from exercise of stock options 172 381
Excess tax benefit attributable to stock-based compensation 294 311
Payments of loan financing fees (144) 0
Repurchases of common stock (22,185) (17,678)
Cash dividend (6,298) (6,201)
Other 0 1,579
Cash used in financing activities (12,929) (21,950)
Change in cash and cash equivalents (454) $ 413
Cash and cash equivalents at beginning of period 1,497  
Cash and cash equivalents at end of period $ 1,043