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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, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:              
Net income $ 26,916 $ 19,181 $ 21,188 $ 13,261 $ 46,097 $ 34,449  
Adjustments to reconcile net income to cash provided by operating activities:              
Deferred income tax provision, net         6,191 899  
Provision for credit losses         (172) (181)  
Depreciation and amortization         2,169 2,394  
Stock-based compensation expense         8,848 6,936  
Defined benefit pension plan expense         0 2,157  
Loss (Gain) on disposal or impairment of assets         170 (1,987)  
Noncash lease expense         2,950 2,443  
Loss on equity method investment         1,840 1,022  
Other         361 445  
Increase in operating assets              
Trade receivables, net         (19,862) (38,365)  
Other assets         (3,637) (4,890)  
Increase in operating liabilities              
Accrued payroll costs         17,566 17,002  
Other liabilities         8,239 14,250  
Cash provided by operating activities         70,760 36,574  
Cash flows from investing activities:              
Capital expenditures         (3,458) (2,919)  
Contributions to WorkLLama, joint venture         (500) (4,500)  
Note receivable issued to WorkLLama, joint venture         2,000 0  
Net proceeds from the sale of assets         0 23,742  
Cash (used in) provided by investing activities         (5,958) 16,323  
Cash flows from financing activities:              
Payments on credit facility         (100,000) 0  
Repurchases of common stock         (19,600) (29,371)  
Cash dividends         (12,187) (9,532)  
Payments on other financing arrangements         (30) (201)  
Cash used in financing activities         (131,817) (39,104)  
Change in cash and cash equivalents         (67,015) 13,793  
Cash and cash equivalents, beginning of period   96,989   103,486 96,989 103,486 $ 103,486
Cash and cash equivalents, end of period 29,974   117,279   29,974 117,279 $ 96,989
Cash Paid During the Period For:              
Income taxes         7,437 10,500  
Operating lease liabilities         3,622 3,564  
Interest, net         892 1,280  
Non-Cash Investing and Financing Transactions:              
ROU assets obtained from operating leases         406 3,852  
Employee stock purchase plan $ 295 $ 242 $ 195 $ 170 537 365  
Unsettled repurchases of common stock         $ 952 $ 0