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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income $ 54,337 $ 88,215
Adjustments to reconcile net income to net cash provided by (used for) operating activities:    
Net unrealized (gain) loss (17,598) 44,626
Stock-based compensation 14,312 10,227
Depreciation and amortization 91,381 62,924
Ticking fees expensed 30,045 0
Debt restructuring and debt issuance cost amortization 8,631 2,319
Gain on divestiture 0 (1,215)
Loss on debt extinguishment 2,018 0
Provision for deferred taxes 15,668 24,057
Restructuring charge 4,438 8,514
Provision for credit losses 19,849 14,532
Loss on disposal of property, equipment and capitalized software 196 298
Changes in operating assets and liabilities:    
Accounts receivable (405,616) (78,951)
Other assets (44,051) (82,133)
Accounts payable 169,716 107,884
Accrued expenses (2,866) 40,539
Income taxes (12,993) 17,288
Other liabilities (416) (2,221)
Amounts due under tax receivable agreement (7,924) (9,318)
Net cash (used for) provided by operating activities (80,873) 247,585
Cash flows from investing activities    
Purchases of property, equipment and capitalized software (45,016) (47,117)
Purchases of available-for-sale securities (5,716) (263)
Maturities of available-for-sale securities 450 544
Acquisition of a business, net of cash acquired (1,089,280) 0
Proceeds from divestiture 0 17,265
Net cash used for investing activities (1,139,562) (29,571)
Cash flows from financing activities    
Excess tax benefits from equity instrument share-based payment arrangements 391 658
Repurchase of share-based awards to satisfy tax withholdings (2,170) (2,382)
Proceeds from stock option exercises 284 24
Net change in deposits 415,737 211,015
Net activity on other debt 56,442 155
Ticking fees paid (22,171) 0
Debt issuance costs (40,868) 0
Net change in securitized debt (1,696) 85,658
Purchase of redeemable non-controlling interest 0 (46,018)
Purchase of shares of treasury stock 0 (22,011)
Net cash provided by financing activities 1,472,062 37,722
Effect of exchange rate changes on cash and cash equivalents 5,534 (6,873)
Net change in cash and cash equivalents 257,161 248,863
Cash and cash equivalents, beginning of period 279,989 284,763
Cash and cash equivalents, end of period 537,150 533,626
Supplemental cash flow information    
Interest paid 87,177 41,292
Income taxes paid 21,098 19,899
Supplemental disclosure of non-cash investing and financing activities    
Issuance of common stock in a business combination 354,953 0
2016 Credit Agreement    
Cash flows from financing activities    
Net activity on revolving credit facility 96,100 0
Borrowings on 2016 term loans 1,643,000 0
Repayments of 2016 term loans (8,688) 0
2014 Credit Agreement    
Cash flows from financing activities    
Net activity on revolving credit facility (205,549) (168,752)
Net activity on term loan $ (458,750) $ (20,625)