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Consolidated Statements of Cash Flows
$ in Thousands
 12 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Cash flows from operating activities:      
Net income $ 70,714 $ 61,570 $ 50,377
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of operations, net of tax (417) (1,025) (45)
Depreciation and amortization expense 22,345 23,675 23,061
Bad debt expense, net of recoveries 2,415 3,665 5,137
Adjustment to contingent earnout liability, net 1,599 2,617 (1,494)
Deferred income taxes 9,695 5,775 3,674
Employee stock awards 7,254 6,866 5,705
Excess tax benefits from share based payment arrangements (4,773) (3,260) (3,837)
Other, net 1,077 400 1,178
Changes in assets and liabilities, net of acquisitions and divestitures:      
Accounts receivable, net (15,529) (10,668) (13,849)
Other assets 907 (3,344) 3,180
Accounts payable 9,829 974 3,738
Income taxes payable (687) 426 (2,071)
Accrued personnel costs (4,093) 17,901 (599)
Other liabilities (1,813) (140) 3,508
Net cash provided by continuing operations 98,523 105,432 77,663
Operating cash flows (used in) provided by discontinued operations (338) (184) (627)
Net cash provided by operating activities 98,185 105,248 77,036
Cash flows from investing activities:      
Business acquisitions and purchases of client lists, net of cash acquired (11,744) (29,080) (28,093)
Purchases of client fund investments (27,216) (18,426) (15,546)
Proceeds from the sales and maturities of client fund investments 23,958 12,238 8,785
Additions to property and equipment (13,873) (14,624) (11,892)
Other, net 1,190 2,316 (1,935)
Net cash used in investing activities (27,685) (47,576) (48,681)
Cash flows from financing activities:      
Proceeds from bank debt 648,648 690,173 533,900
Payment of bank debt (678,648) (733,173) (546,800)
Payment for acquisition of treasury stock (27,163) (17,484) (19,735)
(Decrease) increase in client funds obligations 10,069 (41,509) (10,273)
Payment of contingent consideration of acquisitions (17,457) (11,787) (10,515)
Proceeds from exercise of stock options 10,608 6,291 8,008
Other, net (606) (1,891) (178)
Net cash used in financing activities (54,549) (109,380) (45,593)
Net (decrease) increase in cash, cash equivalents and restricted cash 15,951 (51,708) (17,238)
Cash, cash equivalents and restricted cash at beginning of year 130,554 182,262 199,500
Cash, cash equivalents and restricted cash at end of year 146,505 130,554 182,262
Reconciliation of cash, cash equivalents and restricted cash to the Consolidated Balance Sheets      
Cash and cash equivalents 567 640 424
Restricted cash 29,595 27,481 32,985
Cash equivalents included in funds held for clients 116,343 102,433 148,853
Cash, cash equivalents and restricted cash at end of year 146,505 130,554 182,262
Supplemental disclosures of cash flow information:      
Cash paid for interest 5,556 6,340 6,117
Cash paid for income taxes, net of income tax refunds $ 17,497 $ 15,327 $ 25,085