XML 17 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income for the period $ 198,162 $ 165,637
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of intangible assets 179,806 175,562
Share-based compensation expense 19,080 15,940
Excess tax benefits on share-based compensation expense (257) (1,611)
Pension expense 3,459 3,602
Amortization of debt issuance costs 3,470 3,410
Amortization of deferred charges and credits 7,250 7,893
Loss on sale and write down of property and equipment 1,108 118
Release of unrealized gain on marketable securities to income 0 (3,098)
Write off of unamortized debt issuance costs 0 2,919
Deferred taxes (15,692) (4,037)
Changes in operating assets and liabilities:    
Accounts receivable 22,152 76,560
Prepaid expenses and other current assets (2,589) (4,001)
Income taxes 3,290 1,354
Accounts payable and accrued liabilities (27,434) (53,747)
Deferred revenue 12,564 6,705
Other assets 2,233 (1,992)
Net cash provided by operating activities 406,602 391,214
Cash flows from investing activities:    
Additions of property and equipment (48,897) (60,586)
Proceeds from maturity of short-term investments 9,239 7,092
Purchase consideration for prior period acquisitions 0 (590)
Other investing activities (6,124) (8,915)
Net cash used in investing activities (81,572) (390,169)
Cash flows from financing activities:    
Excess tax benefits on share-based compensation expense 257 1,611
Proceeds from issuance of Common Shares 11,828 12,827
Proceeds from long-term debt and revolver 0 800,000
Repayment of long-term debt (6,000) (520,485)
Debt issuance costs 0 (18,076)
Payments of dividends to shareholders (71,627) (63,174)
Net cash provided by (used in) financing activities (141,678) 211,452
Foreign exchange loss on cash held in foreign currencies (5,946) (27,210)
Increase in cash and cash equivalents during the period 177,406 185,287
Cash and cash equivalents at beginning of the period 699,999 427,890
Cash and cash equivalents at end of the period 877,405 613,177
Daegis Inc.    
Cash flows from investing activities:    
Purchase of business, net of cash acquired (22,146) 0
Actuate Corporation    
Cash flows from investing activities:    
Purchase of business, net of cash acquired (8,153) (291,768)
Informative Graphics Corporation    
Cash flows from investing activities:    
Purchase of business, net of cash acquired (3,464) (35,180)
ICCM Professional Services Limited    
Cash flows from investing activities:    
Purchase of business, net of cash acquired (2,027) 0
Spicer Corporation    
Cash flows from investing activities:    
Purchase of business, net of cash acquired 0 (222)
Treasury Stock    
Cash flows from financing activities:    
Common Shares repurchased (10,627) (1,251)
Common Stock    
Cash flows from financing activities:    
Common Shares repurchased $ (65,509) $ 0