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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income $ 106,101 $ 96,179
Adjustments to reconcile net income to net cash used for operating activities:    
Depreciation and amortization 18,757 24,847
Amortization of debt issuance costs 487 690
Amortization of acquired intangible assets 8,255 11,306
Loss on the sale of business classified as held for sale (refer to Note 8) 802 0
Allowance for credit losses/(gains) 3,324 (463)
Unrealized gain on revaluation of foreign currency assets/liabilities (2,994) (4,599)
Stock-based compensation expense 19,704 15,250
Deferred tax expense 1,710 4,914
Others, net 454 19
Change in operating assets and liabilities:    
Increase in accounts receivable (17,794) (83,548)
Increase in prepaid expenses, other current assets, contract cost assets, operating lease right-of-use assets and other assets (11,424) (4,120)
Decrease in accounts payable (13,261) (2,010)
Decrease in accrued expenses, other current liabilities, operating leases liabilities and other liabilities (167,217) (179,186)
Increase in income taxes payable 19,032 6,440
Net cash used for operating activities (34,064) (114,281)
Investing activities    
Purchase of property, plant and equipment (12,578) (16,744)
Payment for internally generated intangible assets (including intangibles under development) (828) (1,065)
Proceeds from sale of property, plant and equipment 9 43
Payment for business acquisitions, net of cash acquired (682) 0
Payment for divestiture of the business classified as held for sale (19,510) 0
Net cash used for investing activities (33,589) (17,766)
Financing activities    
Repayment of finance lease obligations (3,705) (2,292)
Repayment of long-term debt (6,625) (8,500)
Proceeds from short-term borrowings 75,000 250,000
Repayment of short-term borrowings (46,000) 0
Proceeds from issuance of common shares under stock-based compensation plans 15,924 3,300
Payment for net settlement of stock-based awards (18,172) (41,889)
Payment of earn-out consideration (2,399) 0
Dividend paid (25,255) (23,134)
Payment for stock repurchased and retired (including expenses related to stock repurchase) (30,013) (76,032)
Net cash provided by/(used for) financing activities (41,245) 101,453
Effect of exchange rate changes 14,414 (7,104)
Net decrease in cash and cash equivalents (108,898) (30,594)
Cash and cash equivalents at the beginning of the period 646,765 899,458
Cash and cash equivalents at the end of the period 552,281 861,760
Supplementary information    
Cash paid during the period for interest 6,112 1,893
Cash paid during the period for income taxes, net of refund $ 23,001 $ 28,580