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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 75,177 $ 56,039 $ 130,862
Adjustments to reconcile net income to cash provided by operating activities:      
Gain on sale of assets held for sale 0 0 (79,318)
Deferred income tax provision, net 2,425 (2,298) (49)
Provision for credit losses 11 2,130 1,209
Depreciation and amortization 4,500 5,255 6,481
Stock-based compensation expense 13,999 11,595 9,912
Defined benefit pension plans expense 2,157 842 862
Loss on disposal or impairment of assets (1,929) 1,822 1,084
Noncash lease expense 5,509 5,499 6,282
Loss on equity method investment 2,480 1,681 831
Other 1,036 1,056 1,056
(Increase) decrease in operating assets      
Trade receivables, net (36,960) (12,863) (5,360)
Other assets (9,779) (4,485) (9,639)
Increase (decrease) in operating liabilities      
Accrued payroll costs 6,337 22,397 4,567
Other liabilities 7,935 20,489 (2,163)
Cash provided by operating activities 72,898 109,159 66,617
Cash flows from investing activities:      
Capital expenditures (6,441) (6,475) (10,359)
Equity method investment (9,000) (4,000) (9,000)
Net proceeds from the sale of assets held for sale 23,742 3,548 122,544
Cash provided by (used in) investing activities 8,301 (6,927) 103,185
Cash flows from financing activities:      
Proceeds from credit facility 0 35,000 80,100
Payments on credit facility 0 0 (86,900)
Payments on other financing arrangements, payment of contingent consideration liability and other (308) (1,177) (2,222)
Payments of loan financing fees (1,058) 0 0
Repurchases of common stock (66,210) (35,613) (124,453)
Cash dividends (20,120) (16,787) (16,608)
Cash used in financing activities (87,696) (18,577) (150,083)
Change in cash and cash equivalents (6,497) 83,655 19,719
Cash and cash equivalents at beginning of year 103,486 19,831 112
Cash and cash equivalents at end of year 96,989 103,486 19,831
Cash paid during the year for:      
Income taxes 24,277 21,737 24,935
Operating lease liabilities 7,468 7,330 8,186
Interest, net 2,453 2,574 1,480
Non-Cash Financing and Investing Transactions:      
ROU assets obtained from operating leases 5,098 5,695 9,205
Employee stock purchase plan $ 762 $ 549 $ 558