XML 56 R39.htm IDEA: XBRL DOCUMENT

Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities (Tables)

12 Months Ended

Dec. 31, 2021

Supplemental Cash Flow Elements [Abstract]

Summary of Cash Paid for Interest and Income Taxes

The Company’s cash paid during the period for interest and income taxes are summarized as follows:


		Year Ended December 31,
(in thousands)		2021				2020				2019
Cash paid during the period for:
Interest		$	61,531			$	52,378			$	58,290
Income taxes, net of refunds		$	146,932			$	131,596			$	109,766

Summary of Significant Non-Cash Investing and Financing Activities

The Company’s significant non-cash investing and financing activities are summarized as follows:


		Year Ended December 31,
(in thousands)		2021				2020				2019
Other payables issued for agency acquisitions and purchased customer accounts		$	15,072			$	9,130			$	12,135
Estimated acquisition earn-out payables and related charges		$	75,761			$	131,397			$	82,872
Contingent payable issued for agency acquisition		$	24,114			$	—			$	—
Common stock issued for agency acquisition		$	9,892			$	—			$	—
Notes payable assumed for agency acquisition		$	1,355			$	—			$	—
Notes received on the sale of fixed assets and customer accounts		$	—			$	—			$	9,903

Schedule of Reconciliation of Cash and Cash Equivalents Inclusive of Restricted Cash

The following is a reconciliation of cash and cash equivalents inclusive of restricted cash as of December 31, 2021, 2020 and 2019.


		Balance as of December 31,
(in thousands)		2021				2020				2019
Table to reconcile cash and cash equivalents inclusive of restricted cash
Cash and cash equivalents		$	887,009			$	817,398			$	542,174
Restricted cash			583,247				454,517				420,801
Total cash and cash equivalents inclusive of restricted cash at the end of the period		$	1,470,256			$	1,271,915			$	962,975