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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 94,371 $ 92,441
Adjustments to reconcile net income to net cash provided by operating activities:    
Tax benefit from stock-based compensation 15,688 16,036
Depreciation and amortization 924 0
Impairment charges (190) (698)
Deferred taxes (41) (48)
Accrued interest on note receivable - related party 15,680 14,618
Deferred rent expense 1,420 2,650
Marketable Securities, Realized Gain (Loss) 52  
Realized (gain) loss on sale of marketable securities 52 776
Changes in fair value on contingent liability (589) (45)
Provision for Doubtful Accounts 7,970 0
Changes, net of acquisitions, in:    
Accounts receivable 10,819 2,486
Factor accounts receivable (143,766) (73,955)
Notes receivable - related party 8,405 (9,872)
Repayment of Notes Receivable from Related Parties 307 308
Inventories 4,211 7,202
Prepaid expenses, prepaid taxes, deposits and other 19,825 21,331
Increase (Decrease) in Employee Related Liabilities 1,437 1,722
Increase (Decrease) in Other Accrued Liabilities (1,409) (1,488)
Net cash provided by operating activities 35,010 73,464
Cash flows from investing activities:    
Capital expenditures (11,710) (12,908)
Purchases of marketable securities (39,142) (24,089)
Repayment of notes receivable 67,432 26,825
Proceeds from Collection of Notes Receivable 221 249
Acquisitions, net of cash acquired (17,396) 0
Net cash used in investing activities (595) (9,923)
Cash flows from financing activities:    
Proceeds from exercise of stock options (73,226) (66,394)
Tax benefit from the exercise of options 11,312 4,869
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability (7,359) (8,048)
Net cash used in financing activities (69,273) (73,332)
Effect of Exchange Rate on Cash and Cash Equivalents 823 100
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests 0 (3,759)
Net (decrease) in cash and cash equivalents (34,035) (9,691)
Cash and cash equivalents – beginning of period 126,115 72,414
Cash and cash equivalents – end of period $ 92,080 $ 62,723