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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 45,530 $ 40,751
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from discontinued operations, net of tax 776 421
Gain on sale of operations, net (45) (480)
Depreciation and amortization expense 17,167 16,359
Amortization of discount on notes and deferred financing costs 392 393
Amortization of discount on contingent earnout liability 430 223
Bad debt expense, net of recoveries 4,265 3,291
Adjustment to contingent earnout liability (651) (936)
Deferred income taxes (1,512) 1,830
Employee stock awards 4,247 4,332
Excess tax benefits from share based payment arrangements (2,884) (859)
Changes in assets and liabilities, net of acquisitions and divestitures:    
Restricted cash (4,224) (8,154)
Accounts receivable, net (38,095) (38,666)
Other assets 2,293 (6,339)
Accounts payable (61) 6,971
Income taxes payable 12,509 10,250
Accrued personnel costs (7,368) (175)
Other liabilities 1,606 5,178
Operating cash flows provided by continuing operations 34,375 34,390
Operating cash flows (used in) provided by discontinued operations (748) 507
Net cash provided by operating activities 33,627 34,897
Cash flows from investing activities:    
Business acquisitions and purchases of client lists, net of cash acquired (27,406) (38,238)
Purchases of client fund investments (14,046) (7,300)
Proceeds from the sales and maturities of client fund investments 6,495 7,132
Proceeds from sales of divested operations 45 425
Increase in funds held for clients 87,224 75,632
Additions to property and equipment (8,870) (2,843)
Collection of notes receivable 21 356
Net cash provided by investing activities 43,463 35,164
Cash flows from financing activities:    
Proceeds from bank debt 425,400 355,200
Payment of bank debt (410,800) (341,400)
Payment on early extinguishment of convertible debt   (760)
Payment for acquisition of treasury stock (10,261) (7,957)
Decrease in client funds obligations (79,736) (75,540)
Proceeds from exercise of stock options 6,227 5,258
Payment of contingent consideration for acquisitions and client list purchases (9,827) (5,807)
Excess tax benefit from exercise of stock awards   859
Payment of notes payable (309) (244)
Deferred financing costs   (6)
Net cash used in financing activities (79,306) (70,397)
Net decrease in cash and cash equivalents (2,216) (336)
Cash and cash equivalents at beginning of year 3,494 850
Cash and cash equivalents at end of period $ 1,278 $ 514