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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 36,013 $ 31,084
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss from discontinued operations, net of tax (236) 708
Gain on sale of operations, net (106) (93)
Loss on early extinguishment of convertible debt 833 1,529
Depreciation and amortization expense 15,168 14,560
Amortization of discount on notes and deferred financing costs 2,140 3,312
Amortization of discount on contingent earnout liability 115 97
Bad debt expense, net of recoveries 4,625 3,687
Adjustment to contingent earnout liability (3,075) (3,592)
Deferred income taxes (1,144) 1,621
Employee stock awards 4,319 4,812
Excess tax benefits from share based payment arrangements (560) (469)
Changes in assets and liabilities, net of acquisitions and divestitures:    
Restricted cash 2,687 (2,668)
Accounts receivable, net (37,699) (35,295)
Other assets 1,409 (2,120)
Accounts payable (1,716) 398
Income taxes payable 7,568 5,611
Accrued personnel costs (3,350) 711
Other liabilities (798) 305
Operating cash flows provided by continuing operations 26,193 24,198
Operating cash flows used in discontinued operations (417) (1,378)
Net cash provided by operating activities 25,776 22,820
Cash flows from investing activities:    
Business acquisitions and purchases of client lists, net of cash acquired (9,560) (32,970)
Purchases of client fund investments (12,494) (12,955)
Proceeds from the sales and maturities of client fund investments 8,865 5,671
Proceeds (payments) from sales of divested operations 106 (148)
Increase in funds held for clients 76,492 61,431
Additions to property and equipment, net (6,186) (3,724)
Collection of notes receivable 304 1,619
Investing cash flows provided by continuing operations 57,527 18,924
Investing cash flows provided by discontinued operations 2,694  
Net cash provided by investing activities 60,221 18,924
Cash flows from financing activities:    
Proceeds from bank debt 272,300 307,900
Payment of bank debt (228,700) (248,400)
Payment on early extinguishment of convertible debt (17,172) (30,621)
Payment for acquisition of treasury stock (36,482) (20,479)
Decrease in client funds obligations (74,400) (54,147)
Proceeds from exercise of stock options 6,564 7,848
Payment of contingent consideration of acquisitions (7,806) (2,077)
Excess tax benefit from exercise of stock awards 560 469
Payment of notes payable   (1,442)
Payment of acquired debt   (1,169)
Net cash used in financing activities (85,136) (42,118)
Net increase in cash and cash equivalents 861 (374)
Cash and cash equivalents at beginning of year 979 771
Cash and cash equivalents at end of period $ 1,840 $ 397