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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 9,106 $ 26,855
Adjustments to reconcile net income to cash provided by operating activities:    
Deferred income tax provision, net (126) (18,314)
Provision for credit losses 2,229 349
Depreciation and amortization 1,393 1,972
Stock-based compensation expense 2,896 2,620
Defined benefit pension plan expense 211 216
Loss on deferred compensation plan investments, net 39 89
Loss on disposal or impairment of assets 15 801
Noncash lease expense 1,521 1,662
Loss on equity method investment 595 0
Other 87 973
(Increase) decrease in operating assets    
Trade receivables, net (20,176) (7,377)
Other assets, net (452) (393)
Increase (decrease) in operating liabilities    
Accrued payroll costs 2,129 380
Other liabilities 3,538 1,956
Cash provided by operating activities 3,005 11,789
Cash flows from investing activities:    
Capital expenditures (1,971) (1,496)
Other 0 (1,000)
Cash used in investing activities (1,971) (2,496)
Cash flows from financing activities:    
Proceeds from credit facility 35,000 78,300
Payments on credit facility 0 (67,600)
Payments on other financing arrangements (328) (540)
Repurchases of common stock (19,470) (14,875)
Cash dividend (4,293) (4,406)
Other 0 (25)
Cash provided by (used in) financing activities 10,909 (9,146)
Change in cash and cash equivalents 11,943 147
Cash and cash equivalents, beginning of period 19,831 112
Cash and cash equivalents, end of period 31,774 259
Cash Paid During the Period For:    
Income taxes 399 184
Operating lease liabilities 1,987 1,836
Interest, net 541 627
Non-Cash Investing and Financing Transactions:    
ROU assets obtained from new operating leases 924 817
Unsettled repurchases of common stock 910 369
Employee stock purchase plan $ 142 $ 140