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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:      
Net income $ 175.2 $ 219.3 $ 268.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization and depreciation 96.3 100.3 91.4
Stock-based compensation 42.3 44.0 49.3
Deferred income taxes 31.2 26.9 31.5
Other 8.9 10.3 8.2
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable 87.0 111.0 (116.3)
Prepaid expenses and income taxes (8.0) 3.3 2.0
Accounts payable (6.6) (2.4) 7.6
Accrued payroll (17.1) (49.4) 11.3
Payroll tax deferral and other (9.2) (6.4) (45.3)
Net cash provided by operating activities 400.0 456.9 307.8
Cash Flows from Investing Activities      
Cash paid for property and equipment (35.3) (39.9) (37.5)
Cash paid for acquisitions, net of cash acquired 0.0 0.0 (484.6)
Proceeds from Divestiture of Businesses 0.0 0.0 (9.8)
Other 0.0 (0.6) 2.3
Net cash used in investing activities (35.3) (40.5) (510.0)
Cash Flows from Financing Activities      
Proceeds from long-term debt 0.0 571.8 94.0
Principal payments of long-term debt (5.0) (596.6) (62.5)
Proceeds from employee stock purchase plan 17.2 18.9 18.9
Repurchase of common stock (327.2) (273.1) (281.4)
Payment of employment taxes related to release of restricted stock awards (15.8) (18.3) (16.6)
Debt issuance or amendment costs 0.0 (8.6) (0.8)
Other (2.4) (5.0) (8.1)
Net cash used in financing activities (333.2) (310.9) (256.5)
Effect of exchange rate changes on cash and cash equivalents (2.2) 0.1 (0.6)
Net Increase in Cash and Cash Equivalents 29.3 105.6 (459.3)
Cash and Cash Equivalents at Beginning of Year 175.9 70.3 529.6
Cash and Cash Equivalents at End of Year 205.2 175.9 70.3
Supplemental Disclosure of Cash Flow Information      
Income taxes 33.5 44.8 54.5
Interest $ 62.6 $ 62.1 $ 43.7