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Condensed Consolidated Statements of Cash Flows Unaudited - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows From Operating Activities:    
Net income $ 2,779 $ 10,730
Reconciliation of net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,299 9,050
Stock-based compensation 1,218 1,023
(Gain) loss on disposal of property and equipment (81) 20
Contingent earnout adjustments 151 248
Changes in operating assets and liabilities:    
Accounts receivable, net 6,312 (17)
Unbilled revenues, net (9,511) (6,333)
Accrued or prepaid income taxes 942 3,895
Accounts payable and accrued liabilities (25,837) (15,818)
Deferred revenues 116 2,841
Accrued retirement costs (3,546) (2,887)
Prepaid expenses and other operating activities (1,645) (3,197)
Net cash used in operating activities (19,803) (445)
Cash Flows From Investing Activities:    
Acquisitions of property and equipment (1,541) (1,031)
Capitalization of computer software costs (8,009) (7,610)
Net cash used in investing activities (9,550) (8,641)
Cash Flows From Financing Activities:    
Cash dividends paid (3,443) (2,925)
Repurchases of common stock (733) 0
Increases in revolving credit facility borrowings 35,807 19,394
Payments on revolving credit facility borrowings (14,794) (10,265)
Payments of contingent consideration on acquisitions (579) (848)
Other financing activities (185) (169)
Net cash provided by financing activities 16,073 5,187
Effects of exchange rate changes on cash and cash equivalents 394 1,195
Decrease in Cash, Cash Equivalents, and Restricted Cash (12,886) (2,704)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Year 59,545 46,645
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 46,659 $ 43,941