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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 41,624 $ 27,145
Adjustments to reconcile net income to cash provided by operating activities:    
Deferred income tax provision, net (1,025) 3,978
Provision for bad debts 1,504 896
Depreciation and amortization 6,246 6,373
Stock-based compensation expense 6,558 5,667
Defined benefit pension plans expense 1,366 692
Loss on deferred compensation plan investments, net 384 339
Gain on sale of Global's assets 0 (3,148)
Other 288 745
(Increase) decrease in operating assets    
Trade receivables, net (13,252) (38,378)
Income tax refund receivable 6,811 (1,721)
Prepaid expenses and other current assets (2,535) (2,071)
Other assets, net 940 (544)
Increase (decrease) in operating liabilities    
Accounts payable and other accrued liabilities 3,647 (1,321)
Accrued payroll costs 4,807 8,506
Income taxes payable 6,445 265
Other long-term liabilities 867 (1,774)
Cash provided by operating activities 64,675 5,649
Cash flows from investing activities:    
Capital expenditures (4,005) (5,424)
Proceeds from sale of Global's assets 1,000 1,000
Cash used in investing activities (3,005) (4,424)
Cash flows from financing activities:    
Proceeds from credit facility 427,600 887,293
Payments on credit facility (464,823) (872,740)
Payments on other financing arrangements (1,491) (1,582)
Repurchases of common stock (12,465) (4,226)
Cash dividends (10,404) (9,125)
Proceeds from exercise of stock options 0 72
Payments of loan financing fees 0 (1,696)
Cash (used in) provided by financing activities (61,583) (2,004)
Change in cash and cash equivalents 87 (779)
Cash and cash equivalents at beginning of period 379 1,482
Cash and cash equivalents at end of period $ 466 $ 703