XML 37 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities    
Net income $ 26,178 $ 34,583
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 18,449 14,088
Amortization of other intangible assets 11,186 10,952
Acquisition-related contingent consideration (2,984) 1,595
Provision for doubtful accounts 7,027 5,768
Non-cash share-based compensation 17,805 22,283
Excess tax benefits from share-based compensation (71) (124)
Non-cash interest expense 3,887 4,190
Other 141 136
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable, billed and unbilled (50,190) (99,137)
Notes receivable (23,834) (4,638)
Prepaid expenses and other assets (4,363) (5,893)
Accounts payable, accrued expenses and other (1,216) 227
Income taxes (17,108) (8,599)
Accrued compensation (43,081) 4,093
Billings in excess of services provided 886 7,652
Net cash used in operating activities (57,288) (12,824)
Investing activities    
Payments for acquisition of businesses, net of cash received (21,550) (50,888)
Purchases of property and equipment (13,728) (12,705)
Other 93 (405)
Net cash used in investing activities (35,185) (63,998)
Financing activities    
Borrowings under revolving line of credit   25,000
Payments of revolving line of credit   (25,000)
Payments of long-term debt and capital lease obligations (1,974) (937)
Purchase and retirement of common stock   (209,400)
Net issuance of common stock under equity compensation plans (840) 685
Excess tax benefits from share-based compensation 71 124
Other (1,395) 51
Net cash used in financing activities (4,138) (209,477)
Effect of exchange rate changes on cash and cash equivalents (1,831) 474
Net decrease in cash and cash equivalents (98,442) (285,825)
Cash and cash equivalents, beginning of period 264,423 384,570
Cash and cash equivalents, end of period 165,981 98,745
Supplemental cash flow disclosures    
Cash paid for interest 25,367 25,711
Cash paid for income taxes, net of refunds 31,230 27,016
Non-cash investing and financing activities:    
Issuance of stock units under incentive compensation plans $ 3,079 $ 4,241