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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:              
Net income $ 9,885 $ 9,106 $ 74,859 $ 26,855 $ 18,991 $ 101,714  
Adjustments to reconcile net income to cash provided by operating activities:              
Deferred income tax provision, net         (3,741) 1,735  
Provision for credit losses         2,835 797  
Depreciation and amortization         2,773 3,623  
Stock-based compensation expense         5,799 5,050  
Defined benefit pension plan expense         422 431  
Loss (gain) on deferred compensation plan investments, net         424 (10)  
Loss on disposal or impairment of assets         1,092 970  
Noncash lease expense         3,086 3,187  
Loss on equity method investment         1,134 0  
Gain on sale of discontinued operations         0 (80,004)  
Other         176 636  
(Increase) decrease in operating assets              
Trade receivables, net         (27,585) (12,829)  
Other assets         (2,510) (3,269)  
Increase (decrease) in operating liabilities              
Accrued payroll costs         10,588 1,298  
Other liabilities         25,482 (999)  
Cash provided by operating activities         38,966 22,330  
Cash flows from investing activities:              
Capital expenditures         (3,793) (4,184)  
Equity method investment         (2,500) (7,500)  
Proceeds from the sale of assets held within the Rabbi Trust         3,548 0  
Net proceeds from the sale of assets held for sale         0 122,696  
Cash (used in) provided by investing activities         (2,745) 111,012  
Cash flows from financing activities:              
Proceeds from credit facility         35,000 80,100  
Payments on credit facility         0 (86,900)  
Repurchases of common stock         (29,593) (51,546)  
Cash dividends         (8,455) (8,684)  
Payments on other financing arrangements         (633) (875)  
Other         0 (502)  
Cash used in financing activities         (3,681) (68,407)  
Change in cash and cash equivalents         32,540 64,935  
Cash and cash equivalents, beginning of period   19,831   112 19,831 112 $ 112
Cash and cash equivalents, end of period 52,371   65,047   52,371 65,047 $ 19,831
Cash Paid During the Period For:              
Income taxes         1,043 8,447  
Operating lease liabilities         3,949 4,025  
Interest, net         1,281 788  
Non-Cash Investing and Financing Transactions:              
ROU assets obtained from operating leases         2,971 1,355  
Employee stock purchase plan $ 134 $ 142 $ 143 $ 140 276 283  
Contingent contribution for equity method investment         0 1,500  
Unsettled repurchases of common stock         $ 0 $ 1,183