XML 61 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities      
Net income (loss) $ (36,986) $ 103,903 $ 65,984
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 33,919 28,582 31,334
Amortization and impairment of other intangible assets 22,586 22,371 47,666
Goodwill impairment charge 110,387    
Acquisition-related contingent consideration (3,064) (6,465) 1,190
Provision for doubtful accounts 14,179 12,586 10,720
Non-cash share-based compensation 29,361 37,352 35,246
Excess tax benefits from share-based compensation (515) (1,597) (204)
Non-cash interest expense and loss on extinguishment of debt 9,824 8,439 12,670
Other 27 (471) 482
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable, billed and unbilled (3,691) (94,178) (18,881)
Notes receivable (25,730) (3,781) (22,159)
Prepaid expenses and other assets (1,895) 3,933 1,136
Accounts payable, accrued expenses and other (12,458) 11,472 18,611
Income taxes (6,816) 22,227 8,033
Accrued compensation (21,074) 38,073 9,357
Billings in excess of services provided 12,134 (8,618) (6,131)
Net cash provided by operating activities 120,188 173,828 195,054
Investing activities      
Payments for acquisition of businesses, net of cash received (62,893) (62,346) (63,086)
Purchases of property and equipment (27,759) (31,091) (22,600)
Proceeds from sale or maturity of short-term investments     15,000
Other 246 (211) (400)
Net cash used in investing activities (90,406) (93,648) (71,086)
Financing activities      
Borrowings under revolving line of credit 75,000 25,000 20,000
Payments of revolving line of credit (75,000) (25,000) (20,000)
Payments of long-term debt and capital lease obligations (377,859) (6,994) (209,747)
Issuance of debt securities, net 292,608   390,445
Payments of debt financing fees (2,848)   (3,054)
Cash received for settlement of interest rate swaps   5,596  
Purchase and retirement of common stock (50,032) (209,400) (40,634)
Net issuance of common stock under equity compensation plans 1,598 11,109 6,196
Excess tax benefit from share-based compensation 515 1,597 204
Other (2,228) (637) 442
Net cash (used in) provided by financing activities (138,246) (198,729) 143,852
Effect of exchange rate changes and fair value adjustments on cash and cash equivalents 826 (1,598) (2,122)
Net (decrease) increase in cash and cash equivalents (107,638) (120,147) 265,698
Cash and cash equivalents, beginning of period 264,423 384,570 118,872
Cash and cash equivalents, end of period 156,785 264,423 384,570
Supplemental cash flow disclosures      
Cash paid for interest 57,082 50,655 35,441
Cash paid for income taxes, net of refunds 46,918 38,742 33,237
Non-cash investing and financing activities:      
Issuance of common stock to acquire businesses 5,193    
Issuance of notes payable to acquire businesses     39,772
Issuance of stock units under incentive compensation plans $ 3,079 $ 4,241 $ 6,531