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Consolidated Statements Of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flow from operating activities:    
Net income $ 143,544,000 $ 51,912,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Disposal gain on sale of business (159,753,000) 0
Depreciation and amortization 38,341,000 35,984,000
Stock-based compensation 27,335,000 24,662,000
Deferred income taxes 2,711,000 2,268,000
Changes in operating assets and liabilities 49,320,000 (26,189,000)
Net cash provided by operating activities 101,498,000 88,637,000
Cash flow from investing activities:    
Capital expenditures (25,362,000) (26,048,000)
Proceeds from sale of business, net of cash divested 160,266,000 0
Capitalization of internally developed software (3,108,000) (4,497,000)
Additions to other intangibles (630,000) (487,000)
Acquisitions of equity-method investments 0 (9,784,000)
Purchases of short-term investments (206,330,000) (91,777,000)
Sales and maturities of short-term investments 306,955,000 117,108,000
Net cash provided by (used in) investing activities 231,791,000 (15,485,000)
Cash flow from financing activities:    
Proceeds from revolving line of credit 20,000,000 0
Proceeds from issuance of secured debt 70,000,000.0 0
Debt issuance costs (1,480,000) 0
Proceeds from issuance of common stock 17,252,000 17,645,000
Repurchase of common stock (23,680,000) (92,375,000)
Dividends paid (68,156,000) (66,067,000)
Net cash provided by (used in) financing activities 13,936,000 (140,797,000)
Effect of exchange rate changes on cash (636,000) 20,000
Net change in cash, cash equivalents and restricted cash 346,589,000 (67,625,000)
Cash, cash equivalents and restricted cash at beginning of period 194,616,000 259,386,000
Cash, cash equivalents and restricted cash at end of period $ 541,205,000 $ 191,761,000