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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income $ 238,869,000 $ 161,143,000 $ 104,851,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 78,618,000 75,070,000 71,518,000
Amortization of debt issue costs and accretion of discount 2,238,000 1,877,000 1,987,000
Operating lease amortization 6,112,000 5,860,000 5,877,000
Loss on extinguishment of debt 1,311,000 0 0
Provision for expected credit losses and sundry losses 4,959,000 1,859,000 1,726,000
Deferred tax expense (benefit) (435,000) (2,826,000) (3,905,000)
Share-based compensation 19,956,000 14,799,000 14,253,000
Gain on sale of a business (135,642,000) 0 0
Gain from sale of assets 0 (778,000) 0
Loss on disposition of property and equipment and impairment of software 4,943,000 1,694,000 807,000
Earnings of equity method investment (2,968,000) (1,713,000) (1,136,000)
Dividend received from equity method investment 2,053,000 1,183,000 0
Loss (gain) on valuation of foreign currency 7,645,000 (1,897,000) (2,891,000)
(Increase) decrease in assets:      
Accounts receivable (15,571,000) (18,521,000) 8,397,000
Prepaid expenses and other assets (4,636,000) 4,322,000 (4,158,000)
Other long-term assets (5,202,000) (3,519,000) (611,000)
Increase (decrease) in liabilities:      
Accounts payable and accrued liabilities 26,954,000 1,503,000 (1,141,000)
Income tax payable 1,281,000 (359,000) 195,000
Contract liability (1,773,000) (1,738,000) 6,891,000
Operating lease liabilities (3,797,000) (4,869,000) (5,936,000)
Other long-term liabilities (1,554,000) (4,670,000) 2,365,000
Total adjustments (15,508,000) 67,277,000 94,238,000
Net cash provided by operating activities 223,361,000 228,420,000 199,089,000
Cash flows from investing activities      
Additions to software (44,850,000) (41,804,000) (31,558,000)
Acquisitions of customer relationships (10,607,000) (14,750,000) 0
Acquisitions, net of cash acquired (44,369,000) 0 0
Property and equipment acquired (27,073,000) (25,103,000) (17,082,000)
Proceeds from sales of property and equipment 78,000 805,000 6,000
Purchase of certificates of deposit (7,264,000) 0 0
Proceeds from maturities of available-for-sale debt securities 1,015,000 0 0
Acquisition of available-for-sale debt securities (254,000) (2,968,000) 0
Net cash used in investing activities (133,324,000) (83,820,000) (48,634,000)
Cash flows from financing activities      
Debt issuance costs (7,355,000) 0 0
Proceeds from issuance of long-term debt 415,000,000 0 0
Net increase in short-term borrowings 20,000,000 0 0
Repayments of short-terms borrowings for purchase of equipment and software (949,000) (1,651,000) (1,553,000)
Dividends paid (13,773,000) (14,409,000) (14,382,000)
Withholding taxes paid on share-based compensation (5,685,000) (8,793,000) (8,134,000)
Repurchase of common stock (96,596,000) (24,388,000) (7,300,000)
Repayment of long-term debt (467,410,000) (32,044,000) (31,248,000)
Net cash used in financing activities (156,768,000) (81,285,000) (62,617,000)
Effect of foreign exchange rate on cash, cash equivalents and restricted cash (3,529,000) 1,497,000 2,146,000
Net (decrease) increase in cash, cash equivalents and restricted cash (70,260,000) 64,812,000 89,984,000
Cash, cash equivalents and restricted cash at beginning of the period 285,917,000 221,105,000 131,121,000
Cash, cash equivalents and restricted cash at end of the period 215,657,000 285,917,000 221,105,000
Reconciliation of cash, cash equivalents and restricted cash      
Cash and cash equivalents 197,229,000 266,351,000 202,649,000
Restricted cash 18,428,000 19,566,000 18,456,000
Cash, cash equivalents and restricted cash 215,657,000 285,917,000 221,105,000
Supplemental disclosure of cash flow information:      
Cash paid for interest 24,132,000 21,695,000 23,787,000
Cash paid for income taxes 32,826,000 25,724,000 22,668,000
Supplemental disclosure of non-cash activities:      
Payable due to vendor related to property and equipment and software acquired 3,716,000 757,000 1,561,000
Non-cash investing activities      
Software exchanged for common stock 18,761,000 0 0
Goodwill exchanged for common stock 5,813,000 0 0
CDs transferred in the acquisition of a business 7,169,000 0 0
Non-cash financing and investing activities      
Common stock received and retired for sale of a business $ 169,249,000 $ 0 $ 0