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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ (31,417) $ 72,670
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation 12,573 10,583
Amortization 38,646 40,272
Amortization of deferred debt issuance costs 2,760 2,826
Deferred income taxes (30,121) 3,578
Stock-based compensation expense 14,640 23,018
Gain on sale of CFS assets 0 (151,952)
Other 443 (762)
Changes in operating assets and liabilities, net of impact of acquisitions:    
Receivables 70,564 29,299
Accounts payable (3,929) (3,247)
Accrued employee compensation (4,260) 11,946
Current income taxes (9,592) 10,508
Deferred revenue 841 8,919
Other current and noncurrent assets and liabilities 37,949 (89)
Net cash flows from operating activities 99,097 57,569
Cash flows from investing activities:    
Purchases of property and equipment (11,809) (20,728)
Purchases of software and distribution rights (14,426) (12,384)
Proceeds from sale of CFS assets 0 200,000
Other 0 (7,000)
Net cash flows from investing activities (26,235) 159,888
Cash flows from financing activities:    
Proceeds from issuance of common stock 1,441 1,532
Proceeds from exercises of stock options 7,949 7,986
Repurchase of restricted stock for tax withholdings (4,770) (1,446)
Repurchases of common stock 0 (60,089)
Proceeds from revolving credit facility 12,000 0
Repayment of revolving credit facility (100,000) (156,000)
Proceeds from term portion of credit agreement 415,000 0
Repayment of term portion of credit agreement (375,665) (47,646)
Payment of debt issuance costs (5,340) 0
Payments on other debt and capital leases (6,021) (10,210)
Net cash flows from financing activities (55,406) (265,873)
Effect of exchange rate fluctuations on cash 2,148 (1,360)
Net increase (decrease) in cash and cash equivalents 19,604 (49,776)
Cash and cash equivalents, beginning of period 75,753 102,239
Cash and cash equivalents, end of period 95,357 52,463
Supplemental cash flow information    
Income taxes paid, net 19,605 5,857
Interest paid $ 16,937 $ 17,772