v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income $ 12,306 $ 8,940
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,702 12,905
Bad debt expense 4,863 941
Deferred taxes 1,275 (2,734)
Excess tax benefits from share-based compensation arrangements 0 (3,791)
Gain on sale of investment 0 (3,371)
Changes in operating assets and liabilities:    
Accounts receivable 14,554 4,389
Prepaid expenses and other current assets (2,314) 4,960
Deposits and other assets 544 (316)
Accounts payable and accrued expenses 1,554 (762)
Accrued compensation and employee benefits (6,048) (5,261)
Deferred revenue and advance payments (1,839) 11,411
Other long-term liabilities (1,410) 5,065
Net cash provided by operating activities 41,187 32,376
Investing activities:    
Proceeds from sale of investment 0 3,371
Purchases of property and equipment (28,011) (29,128)
Capitalized software development costs (8,148) (5,907)
Insurance proceeds 3,206 5,675
Decrease (increase) in restricted cash and investments 74 (161)
Net cash used in investing activities (32,879) (26,150)
Financing activities:    
Proceeds from sale of class A common stock under exercise of employee stock options 8,957 2,207
Excess tax benefits from share-based compensation arrangements 0 3,791
Payments on capital lease obligations (256) 0
Net cash provided by financing activities 8,701 5,998
Effect of foreign exchange rate changes on cash and cash equivalents (34) (21)
Net increase in cash and cash equivalents 16,975 12,203
Cash and cash equivalents, beginning of period 199,634 174,097
Cash and cash equivalents, end of period $ 216,609 $ 186,300