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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities    
Net income $ 126,887 $ 41,074
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,548 23,768
Amortization and impairment of other intangible assets 6,297 7,797
Acquisition-related contingent consideration 355 1,547
Provision for doubtful accounts 11,951 10,510
Non-cash share-based compensation 12,219 12,888
Gain on sale of business (13,031) 0
Amortization of debt discount and issuance costs 2,604 1,489
Other 751 297
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable, billed and unbilled (130,369) (72,640)
Notes receivable 2,659 8,449
Prepaid expenses and other assets (174) 935
Accounts payable, accrued expenses and other 16,150 16,823
Income taxes 28,922 8,876
Accrued compensation 7,207 (34,123)
Billings in excess of services provided (10,704) (3,657)
Net cash provided by operating activities 86,272 24,033
Investing activities    
Proceeds from sale of business 50,283 0
Purchases of property and equipment (27,841) (20,021)
Other 741 74
Net cash provided by (used in) investing activities 23,183 (28,876)
Financing activities    
Borrowings (repayments) under revolving line of credit, net (100,000) 95,000
Proceeds from issuance of convertible notes 316,250 0
Payments of debt issue costs 8,048 0
Deposits 2,327 3,585
Purchase and retirement of common stock (29,220) (155,285)
Net issuance of common stock under equity compensation plans 31,241 (2,354)
Payments for acquisition-related contingent consideration (3,029) (79)
Net cash provided by (used in) financing activities 209,521 (59,133)
Effect of exchange rate changes on cash and cash equivalents (3,070) 5,779
Net increase (decrease) in cash and cash equivalents 315,906 (58,197)
Cash and cash equivalents, beginning of period 189,961 216,158
Cash and cash equivalents, end of period 505,867 157,961
Supplemental cash flow disclosures    
Cash paid for interest 13,428 12,424
Cash paid for income taxes, net of refunds 20,324 8,742
Non-cash investing and financing activities:    
Issuance of stock units under incentive compensation plans $ 1,059 $ 1,547