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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Cash flows from operating activities:    
Net income $ 176,126 $ 169,690
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 35,697 33,055
Amortization of acquired intangibles 41,809 36,117
Share-based compensation expense 13,472 9,145
Provision for operating losses and bad debts 11,257 7,432
Deferred income taxes 2,900 (982)
Other, net 2,198 (387)
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable (4,271) 17,521
Claims receivable (18,723) (4,881)
Settlement processing assets and obligations, net 208,446 (13,778)
Prepaid expenses and other assets (14,097) 3,903
Accounts payable and other liabilities (3,329) (31,503)
Income taxes payable 2,585 1,604
Net cash provided by operating activities 454,070 226,936
Cash flows from investing activities:    
Business, intangible and other asset acquisitions, net of cash acquired (241,934) (223,651)
Capital expenditures (36,246) (33,290)
Principal collections on financing receivables 0 219
Net proceeds from sales of investments and business 0 10,528
Net cash used in investing activities (278,180) (246,194)
Cash flows from financing activities:    
Net borrowings on lines of credit 101,464 90,593
Proceeds from issuance of long-term debt 3,030,175 1,080,000
Principal payments of long-term debt (2,852,175) (872,679)
Payment of debt issuance costs (4,934) 0
Repurchase of common stock (71,748) (179,724)
Proceeds from stock issued under share-based compensation plans 6,317 17,099
Common stock repurchased - share-based compensation plans (11,579) (15,705)
Tax benefit from share-based compensation plans 6,521 3,599
Purchase of subsidiary shares from noncontrolling interest (7,550) 0
Distributions to noncontrolling interests (8,158) (15,485)
Dividends paid (2,602) (2,693)
Net cash provided by financing activities 185,731 105,005
Effect of exchange rate changes on cash (23,903) (23,150)
Increase in cash and cash equivalents 337,718 62,597
Cash and cash equivalents, beginning of the period 650,739 581,872
Cash and cash equivalents, end of the period $ 988,457 $ 644,469