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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES      
Net (loss) income $ (8,973) $ 15,424 $ 81,159
Reconciliation of net income to net cash provided by operating activities:      
Depreciation expense 8,352 7,934 4,974
Amortization expense - intangible assets 2,540 1,904 1,274
Amortization expense - long-term payable     94
Impairment expense 9,203    
Loss on disposition of business 472 361  
Allowance for credit losses on receivables/bad debt on receivables (1,711) 1,816 319
Equity in loss of unconsolidated affiliates 1,388 1,624 188
Agent growth incentive stock compensation expense 43,178 30,861 24,493
Stock option compensation 10,736 14,442 13,102
Agent equity stock compensation expense 135,226 164,104 144,437
Deferred income taxes, net (2,666) (15,848) (52,827)
Changes in operating assets and liabilities:      
Accounts receivable 3,474 44,935 (56,857)
Prepaids and other assets (1,263) 1,652 (2,623)
Customer deposits 6,761 (30,998) 39,892
Accounts payable (1,491) 2,432 3,173
Accrued expenses 8,424 (32,239) 46,673
Long term payable (4,677) 1,983 828
Other operating activities 158 148 (1,407)
NET CASH PROVIDED BY OPERATING ACTIVITIES 209,131 210,535 246,892
INVESTING ACTIVITIES      
Purchases of property, plant, equipment (5,363) (12,051) (13,423)
Proceeds from sale of business 330    
Acquisition of businesses, net of cash acquired   (9,910) (2,500)
Investments in unconsolidated affiliates (5,876) (500) (3,000)
Capitalized software development costs in intangible assets (2,594)    
NET CASH USED IN INVESTING ACTIVITIES (13,503) (22,461) (18,923)
FINANCING ACTIVITIES      
Repurchase of common stock (160,550) (179,473) (172,015)
Proceeds from exercise of options 4,980 612 3,620
Transactions with noncontrolling interests   (424) 19
Dividends declared and paid (28,519) (25,229) (11,548)
NET CASH USED IN FINANCING ACTIVITIES (184,089) (204,514) (179,924)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash (38) (87) (59)
Net change in cash, cash equivalents and restricted cash 11,501 (16,527) 47,986
Cash, cash equivalents and restricted cash, beginning balance 159,383 175,910 127,924
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE 170,884 159,383 175,910
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:      
Cash paid for income taxes 2,731 $ 3,406 1,331
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Termination of lease obligation - operating lease 859   375
Issuance of treasury stock, for acquisition   4,554  
Lease liabilities arising from obtaining right-of-use assets     2,370
Contingent consideration for disposition of business 1,209    
Property, plant and equipment increase due to transfer of right-of-use lease asset. 1,100    
Property, plant and equipment purchases in accounts payable $ 63 $ 63 $ 174